Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Kaiser Aluminum Corp (NASDAQ: KALU) closed at $88.49 up 1.33% from its previous closing price of $87.33. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.67 million shares were traded. KALU stock price reached its highest trading level at $90.05 during the session, while it also had its lowest trading level at $85.82.
Ratios:
For a deeper understanding of Kaiser Aluminum Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.61.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $67.
On May 08, 2023, JP Morgan started tracking the stock assigning a Neutral rating and target price of $69.
Wolfe Research Downgraded its Peer Perform to Underperform on April 12, 2023, while the target price for the stock was maintained at $67.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 03 ’23 when Parkinson Ray sold 4,727 shares for $79.75 per share. The transaction valued at 376,978 led to the insider holds 6,432 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KALU now has a Market Capitalization of 1417238144 and an Enterprise Value of 2386898176. As of this moment, Kaiser’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.60, and their Forward P/E ratio for the next fiscal year is 15.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 0.791 whereas that against EBITDA is 11.146.
Stock Price History:
Over the past 52 weeks, KALU has reached a high of $95.56, while it has fallen to a 52-week low of $53.67. The 50-Day Moving Average of the stock is 10.03%, while the 200-Day Moving Average is calculated to be 23.59%.
Shares Statistics:
For the past three months, KALU has traded an average of 149.85K shares per day and 215330 over the past ten days. A total of 16.02M shares are outstanding, with a floating share count of 15.57M. Insiders hold about 2.79% of the company’s shares, while institutions hold 100.44% stake in the company. Shares short for KALU as of 1713139200 were 383314 with a Short Ratio of 2.56, compared to 1710460800 on 551506. Therefore, it implies a Short% of Shares Outstanding of 383314 and a Short% of Float of 3.4000000000000004.
Dividends & Splits
According to the company, the forward annual dividend rate for KALU is 3.08, from 2.31 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02645139The stock’s 5-year Average Dividend Yield is 3.39.
