Stock To Watch: Kaiser Aluminum Corporation (NASDAQ:KALU)


The leading market experts have placed a mean price target of $89.29 on Kaiser Aluminum Corporation (NASDAQ:KALU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.21 a share for the upcoming quarter and $5.23 for the current fiscal.

Technical View

The technical analysis of Kaiser Aluminum Corporation plainly substantiates that the 50-day moving average of Kaiser Aluminum Corporation is $84.84, and stock is trading $0.79 points away or +0.94% from its 50-day moving average of $84.84. Further it is trading $0.25 or +0.29% away its 200-day moving average of $85.38. Kaiser Aluminum Corporation (NASDAQ:KALU) 52-week high is $96.06 and the 52-week low is $70.14.

This explains if the stock moves $-10.43, it will post a 52-week high. In event of +22.08% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Kaiser Aluminum Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Kaiser Aluminum Corporation (NASDAQ:KALU) ratio came in at 17.31.

The stock last ended the trading session at $85.63 and registered a market cap of $1.53B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Kaiser Aluminum Corporation (NASDAQ:KALU) PEG ratio is at 0.90.

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