$1.11 EPS Expected for Kaiser Aluminum Corp. (KALU)

September 17, 2017 - By Ellis Scott

 $1.11 EPS Expected for Kaiser Aluminum Corp. (KALU)
Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.01, from 1.01 in 2016Q3. It is positive, as 29 investors sold Kaiser Aluminum Corp. shares while 59 reduced holdings. 23 funds opened positions while 67 raised stakes. 16.67 million shares or 3.09% less from 17.20 million shares in 2016Q3 were reported.
Us National Bank De holds 182 shares or 0% of its portfolio. 142,598 are held by Geode Capital Mngmt Ltd Com. Strs Ohio reported 300 shares. Jpmorgan Chase Co holds 28,778 shares. Acadian Asset Management owns 636,360 shares. The Georgia-based Voya Mngmt Llc has invested 0% in Kaiser Aluminum Corp. (NASDAQ:KALU). Louisiana State Employees Retirement owns 0.03% invested in Kaiser Aluminum Corp. (NASDAQ:KALU) for 7,200 shares. 4,732 are held by Profund. Citigroup accumulated 38,412 shares. City Holdg holds 0% of its portfolio in Kaiser Aluminum Corp. (NASDAQ:KALU) for 50 shares. Prudential Financial owns 0% invested in Kaiser Aluminum Corp. (NASDAQ:KALU) for 31,259 shares. Iat Reinsurance Ltd owns 70 shares. Kanaly Trust Communication, a Texas-based fund reported 39 shares. Millennium Ltd Co accumulated 0.01% or 75,237 shares. Third Avenue Mgmt Llc holds 0.19% or 52,778 shares in its portfolio.

Since March 29, 2017, it had 0 insider buys, and 2 insider sales for $255,288 activity.

Analysts expect Kaiser Aluminum Corp. (NASDAQ:KALU) to report $1.11 EPS on October, 18.They anticipate $0.09 EPS change or 8.82 % from last quarter’s $1.02 EPS. KALU’s profit would be $18.77 million giving it 21.70 P/E if the $1.11 EPS is correct. After having $1.47 EPS previously, Kaiser Aluminum Corp.’s analysts see -24.49 % EPS growth. The stock increased 0.46% or $0.44 on September 15, reaching $96.37. About 269,662 shares traded or 133.82% up from the average. Kaiser Aluminum Corp. (NASDAQ:KALU) has declined 3.95% since September 17, 2016 and is downtrending. It has underperformed by 20.65% the S&P500.

Kaiser Aluminum Corp. (NASDAQ:KALU) Ratings Coverage

Among 10 analysts covering Kaiser Aluminum Corp (NASDAQ:KALU), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Kaiser Aluminum Corp had 17 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse with “Neutral” on Friday, March 11. As per Thursday, January 12, the company rating was downgraded by Bank of America. As per Friday, July 21, the company rating was maintained by Bank of America. The stock of Kaiser Aluminum Corp. (NASDAQ:KALU) has “Outperform” rating given on Thursday, February 18 by Cowen & Co. As per Tuesday, September 6, the company rating was initiated by Macquarie Research. The stock of Kaiser Aluminum Corp. (NASDAQ:KALU) has “Sector Weight” rating given on Tuesday, July 28 by KeyBanc Capital Markets. The firm earned “Outperform” rating on Thursday, July 23 by Cowen & Co. The firm earned “Neutral” rating on Wednesday, December 14 by Macquarie Research. The rating was maintained by Deutsche Bank with “Buy” on Friday, June 23. On Monday, August 7 the stock rating was downgraded by Cowen & Co to “Market Perform”.

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company has market cap of $1.63 billion. The Firm operates in the Fabricated Products segment. It has a 21.3 P/E ratio. The Company’s Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications.

More notable recent Kaiser Aluminum Corp. (NASDAQ:KALU) news were published by: Nasdaq.com which released: “Kaiser Aluminum Corporation (KALU) Ex-Dividend Date Scheduled for April 25, 2017” on April 24, 2017, also Globenewswire.com with their article: “Kaiser Aluminum Announces Second Quarter and First Half 2017 Earnings Release …” published on July 05, 2017, Seekingalpha.com published: “Kaiser Aluminum’s (KALU) CEO Jack Hockema on Q2 2017 Results – Earnings Call …” on July 20, 2017. More interesting news about Kaiser Aluminum Corp. (NASDAQ:KALU) were released by: Globenewswire.com and their article: “Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2016 …” published on February 21, 2017 as well as Finance.Yahoo.com‘s news article titled: “Kaiser Aluminum Corporation: Is KALU a Good Stock for Value Investors?” with publication date: August 24, 2017.

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