Kaiser Aluminum Corp. (NASDAQ:KALU) has received a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $105.67.

A number of equities research analysts recently weighed in on KALU shares. BidaskClub downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 16th. Zacks Investment Research raised shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a research report on Thursday, February 7th.

Shares of NASDAQ:KALU opened at $106.15 on Monday. The company has a quick ratio of 2.15, a current ratio of 3.20 and a debt-to-equity ratio of 0.50. Kaiser Aluminum has a fifty-two week low of $83.29 and a fifty-two week high of $119.66. The stock has a market cap of $1.68 billion, a P/E ratio of 16.20 and a beta of 1.01.

Kaiser Aluminum (NASDAQ:KALU) last announced its quarterly earnings data on Wednesday, February 20th. The industrial products company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.22. Kaiser Aluminum had a net margin of 5.78% and a return on equity of 14.49%. The business had revenue of $389.00 million during the quarter, compared to the consensus estimate of $389.90 million. During the same quarter in the prior year, the firm earned $1.22 EPS. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, equities analysts expect that Kaiser Aluminum will post 7.1 earnings per share for the current fiscal year.

In other Kaiser Aluminum news, CEO Jack A. Hockema sold 1,500 shares of the business’s stock in a transaction dated Friday, January 18th. The shares were sold at an average price of $100.27, for a total transaction of $150,405.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.20% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Quantamental Technologies LLC acquired a new position in Kaiser Aluminum during the 4th quarter valued at about $26,000. BlueMountain Capital Management LLC acquired a new position in Kaiser Aluminum during the 3rd quarter valued at about $121,000. LS Investment Advisors LLC boosted its stake in Kaiser Aluminum by 285.9% during the 4th quarter. LS Investment Advisors LLC now owns 1,914 shares of the industrial products company’s stock valued at $171,000 after purchasing an additional 1,418 shares during the period. Paloma Partners Management Co acquired a new position in Kaiser Aluminum during the 3rd quarter valued at about $207,000. Finally, Amalgamated Bank acquired a new position in Kaiser Aluminum during the 4th quarter valued at about $218,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

About Kaiser Aluminum

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company offers rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications.

Read More: Exchange-Traded Funds (ETFs)

Analyst Recommendations for Kaiser Aluminum (NASDAQ:KALU)

Receive News & Ratings for Kaiser Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaiser Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.