Kaiser Aluminum Co. (NASDAQ:KALU) CFO Neal E. West sold 400 shares of the company’s stock in a transaction on Monday, January 10th. The shares were sold at an average price of $100.25, for a total value of $40,100.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
KALU opened at $105.80 on Friday. The firm has a market cap of $1.68 billion, a P/E ratio of -117.56 and a beta of 1.24. Kaiser Aluminum Co. has a 52-week low of $84.78 and a 52-week high of $141.07. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.82 and a current ratio of 2.75. The business’s fifty day moving average is $97.99 and its 200-day moving average is $109.62.
Kaiser Aluminum (NASDAQ:KALU) last released its earnings results on Tuesday, October 19th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.75). The company had revenue of $750.60 million for the quarter, compared to analyst estimates of $782.96 million. Kaiser Aluminum had a positive return on equity of 5.65% and a negative net margin of 0.68%. The business’s revenue for the quarter was up 193.5% compared to the same quarter last year. During the same period last year, the company posted $0.33 earnings per share. On average, research analysts predict that Kaiser Aluminum Co. will post 2.96 earnings per share for the current fiscal year.
A number of research analysts have commented on KALU shares. Zacks Investment Research lowered Kaiser Aluminum from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 20th. JPMorgan Chase & Co. lowered Kaiser Aluminum from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $117.00 to $98.00 in a report on Friday, December 10th.
About Kaiser Aluminum
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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