Alert: Negative Investment/Fundamental Signals (11/22/23)-Kaiser Aluminum Corp (NASDAQ: KALU)


Recent notable negative changes in fundamentals have affected Kaiser Aluminum Corp (NASDAQ: KALU): the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Important negative changes in Kaiser Aluminum Corp (NASDAQ: KALU) investment behavior have recently occurred: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

KALU is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Kaiser Aluminum has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Kaiser Aluminum has a neutral Appreciation Score of 53 and a neutral Power Rating of 48, resulting in the Neutral Value Trend Rating.

Recent Price Action

Kaiser Aluminum Corp (NASDAQ: KALU) stock rose modestly by 0.3% on 11/22/23. The stock closed at $59.73. The stock has declined -2.0% during the last week and has performed in line with the market over the last nine months.

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