Kaiser Aluminum (NASDAQ:KALU) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Kaiser Aluminum (NASDAQ:KALU) from a strong-buy rating to a buy rating in a research report report published on Saturday,Wall Street Zen reports.

KALU has been the subject of a number of other research reports. KeyCorp reduced their price target on Kaiser Aluminum from $183.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Weiss Ratings cut Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Zacks Research downgraded Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. UBS Group raised shares of Kaiser Aluminum from a “neutral” rating to a “buy” rating and increased their target price for the stock from $179.00 to $184.00 in a report on Monday, August 31st. Finally, Barclays initiated coverage on shares of Kaiser Aluminum in a research note on Wednesday, October 14th. They set an “overweight” rating and a $180.00 target price on the stock. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Kaiser Aluminum currently has an average rating of “Hold” and an average target price of $162.40.

Kaiser Aluminum Stock Down 6.7%

KALU opened at $107.28 on Friday. The firm’s 50 day simple moving average is $153.33 and its two-hundred day simple moving average is $164.82. The company has a market capitalization of $1.75 billion, a PE ratio of 8.28 and a beta of 1.59. Kaiser Aluminum has a 1-year low of $87.89 and a 1-year high of $199.89. The company has a current ratio of 2.63, a quick ratio of 1.17 and a debt-to-equity ratio of 1.06.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48). The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kaiser Aluminum had a net margin of 4.85% and a return on equity of 23.65%. The company’s revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.86 EPS. As a group, equities analysts forecast that Kaiser Aluminum will post 13.40 EPS for the current year.

Kaiser Aluminum Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 23rd will be paid a $0.77 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.9%. Kaiser Aluminum’s dividend payout ratio is 22.83%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its position in shares of Kaiser Aluminum by 1.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 3,704 shares of the industrial products company’s stock worth $446,000 after acquiring an additional 62 shares during the last quarter. Allworth Financial LP grew its stake in Kaiser Aluminum by 146.6% during the second quarter. Allworth Financial LP now owns 143 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 85 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Kaiser Aluminum by 32.5% during the third quarter. Farther Finance Advisors LLC now owns 400 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 98 shares in the last quarter. Nykredit A S bought a new stake in Kaiser Aluminum in the 2nd quarter valued at $30,000. Finally, Amundi lifted its stake in Kaiser Aluminum by 7.4% in the 1st quarter. Amundi now owns 2,391 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 165 shares in the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Kaiser Aluminum News Summary

Here are the key news stories impacting Kaiser Aluminum this week:

• Positive Sentiment: Management highlighted stronger aerospace demand, rising cash flow and better visibility into 2027. These trends could support future revenue growth and profitability as current operational issues are addressed. KALU Q3 Earnings Call Highlights Demand Strength and Margin Pressure
• Positive Sentiment: An analysis argues that Kaiser Aluminum shares could be approximately 43% undervalued, offering potential upside if earnings improve and the company executes on its longer-term growth plans. Kaiser Aluminum Stock Could Be 43% Undervalued As CEO Transition Looms
• Neutral Sentiment: Kaiser reported third-quarter revenue of approximately $1.21 billion, up 43.9% year over year, while adjusted earnings increased to $1.89 per share from $1.86 a year earlier. Revenue growth is encouraging, but profitability did not meet expectations. Kaiser Aluminum Q3 Adjusted Earnings and Revenue Rise
• Negative Sentiment: Third-quarter EPS of $1.89 missed the Zacks consensus estimate of $2.08, reinforcing concerns that higher metal costs and operational disruptions are squeezing margins despite solid demand. Kaiser Aluminum Misses Q3 Earnings Estimates
• Negative Sentiment: Wells Fargo lowered its price target from $160 to $125 and maintained an “equal weight” rating. The reduced target signals less near-term confidence, while the pending CEO transition adds execution uncertainty. Wells Fargo Kaiser Aluminum Analyst Action

About Kaiser Aluminum

Kaiser Aluminum Corporation is a producer of semi-fabricated aluminum products used by manufacturers in the aerospace and defense, automotive, industrial, and consumer products markets. The company supplies aluminum materials designed for applications that require strength, light weight, corrosion resistance, and other specialized performance characteristics.

Its product portfolio includes rolled aluminum sheet and plate, extruded products, forged components, and other fabricated aluminum products.