Kaiser Aluminum Co. (NASDAQ:KALU) CFO Neal E. West sold 400 shares of the stock in a transaction on Monday, October 11th. The shares were sold at an average price of $111.44, for a total value of $44,576.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
KALU stock opened at $110.97 on Thursday. The stock has a market capitalization of $1.76 billion, a PE ratio of -149.96 and a beta of 1.32. The company’s 50-day moving average is $117.87 and its 200-day moving average is $120.92. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.73 and a quick ratio of 1.86. Kaiser Aluminum Co. has a 1 year low of $57.13 and a 1 year high of $141.07.
Kaiser Aluminum (NASDAQ:KALU) last released its quarterly earnings data on Tuesday, July 20th. The industrial products company reported $1.00 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.27 by ($1.27). The company had revenue of $741.00 million for the quarter, compared to the consensus estimate of $474.02 million. Kaiser Aluminum had a positive return on equity of 5.10% and a negative net margin of 0.72%. Kaiser Aluminum’s revenue for the quarter was up 168.8% compared to the same quarter last year. During the same period last year, the company earned $0.36 EPS. On average, analysts anticipate that Kaiser Aluminum Co. will post 4.18 earnings per share for the current fiscal year.
A number of analysts have commented on KALU shares. Zacks Investment Research raised shares of Kaiser Aluminum from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 6th. The Goldman Sachs Group started coverage on shares of Kaiser Aluminum in a research report on Thursday, September 9th. They set a “sell” rating and a $122.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $118.67.
Kaiser Aluminum Company Profile
Kaiser Aluminum Corp. engages in the manufacture and sale of semi-fabricated specialty aluminum products. The firm caters aerospace, general engineering, automotive, and custom industrial applications. Its products include plate, sheet, coil, hard alloy shapes, soft alloy extrusions, seamless & structural extruded, drawn tube, hard alloy rod, bar, wire and forge stock.
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