Kaiser Aluminum Stock Today

KALU Stock  USD 78.17  0.13  0.17%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Kaiser Aluminum is selling for under 78.17 as of the 18th of March 2024; that is -0.17 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 77.4. Kaiser Aluminum has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Kaiser Aluminum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
11th of July 1991
Category
Basic Materials
Kaiser Aluminum Corporation engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. The company was founded in 1946 and is headquartered in Foothill Ranch, California. Kaiser Aluminum operates under Aluminum classification in the United States and is traded on NASDAQ Exchange. The company has 16.02 M outstanding shares of which 425.97 K shares are now shorted by private and institutional investors with about 3.83 trading days to cover. More on Kaiser Aluminum

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Kaiser Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kaiser Aluminum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kaiser Aluminum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOKeith Harvey
Thematic IdeaSteel Works Etc (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Steel Works Etc, Materials, Metals & Mining, Aluminum, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Kaiser Aluminum report their recommendations after researching Kaiser Aluminum's financial statements, talking to executives and customers, or listening in on Kaiser Aluminum's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kaiser Aluminum. The Kaiser consensus assessment is calculated by taking the average forecast from all of the analysts covering Kaiser Aluminum.
Financial Strength
Based on the analysis of Kaiser Aluminum's profitability, liquidity, and operating efficiency, Kaiser Aluminum is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in April. Financial strength of Kaiser Aluminum is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.711.3615
Way Down
Slightly volatile
Gross Profit Margin0.06880.0724
Notably Down
Slightly volatile
Net DebtB996.7 M
Sufficiently Up
Slightly volatile
Total Current Liabilities290.4 M370 M
Significantly Down
Pretty Stable
Non Current Liabilities Total1.1 B1.2 B
Fairly Down
Slightly volatile
Total Assets1.6 B2.3 B
Way Down
Slightly volatile
Total Current Assets580.3 M990.2 M
Way Down
Slightly volatile
Kaiser Aluminum's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kaiser Aluminum's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Kaiser Aluminum's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Kaiser Aluminum's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kaiser Aluminum's financial leverage. It provides some insight into what part of Kaiser Aluminum's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Kaiser Aluminum's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Kaiser Aluminum deploys its capital and how much of that capital is borrowed.
Liquidity
Kaiser Aluminum cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.08 B in liabilities with Debt to Equity (D/E) ratio of 1.69, which is about average as compared to similar companies. Kaiser Aluminum has a current ratio of 2.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Kaiser Aluminum until it has trouble settling it off, either with new capital or with free cash flow. So, Kaiser Aluminum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kaiser Aluminum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kaiser to invest in growth at high rates of return. When we think about Kaiser Aluminum's use of debt, we should always consider it together with cash and equity.

Dividends Paid

30.23 Million
Kaiser Aluminum (KALU) is traded on NASDAQ Exchange in USA. It is located in 1550 West McEwen Drive, Franklin, TN, United States, 37067 and employs 4,000 people. Kaiser Aluminum is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kaiser Aluminum's market, we take the total number of its shares issued and multiply it by Kaiser Aluminum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kaiser Aluminum conducts business under Metals & Mining sector and is part of Materials industry. The entity has 16.02 M outstanding shares of which 425.97 K shares are now shorted by private and institutional investors with about 3.83 trading days to cover. Kaiser Aluminum currently holds about 129.3 M in cash with 211.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.15.
Check Kaiser Aluminum Probability Of Bankruptcy
Ownership Allocation
Kaiser Aluminum holds a total of 16.02 Million outstanding shares. The majority of Kaiser Aluminum outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Kaiser Aluminum to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Kaiser Aluminum. Please pay attention to any change in the institutional holdings of Kaiser Aluminum as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Kaiser Ownership Details

Kaiser Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Kaiser Aluminum jumping above the current price in 90 days from now is about 1.27%. The Kaiser Aluminum probability density function shows the probability of Kaiser Aluminum stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Kaiser Aluminum has a beta of -0.463. This indicates as returns on benchmark increase, returns on holding Kaiser Aluminum are expected to decrease at a much lower rate. During the bear market, however, Kaiser Aluminum is likely to outperform the market. Additionally, the company has an alpha of 0.4567, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 78.17HorizonTargetOdds Above 78.17
98.71%90 days
 78.17 
1.27%
Based on a normal probability distribution, the odds of Kaiser Aluminum to move above the current price in 90 days from now is about 1.27 (This Kaiser Aluminum probability density function shows the probability of Kaiser Stock to fall within a particular range of prices over 90 days) .

Kaiser Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Kaiser Aluminum that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kaiser Aluminum's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kaiser Aluminum's value.
InstituionRecorded OnShares
Systematic Financial Management Lp2023-12-31
222.4 K
Tributary Capital Management, Llc2023-12-31
219.3 K
Bank Of New York Mellon Corp2023-12-31
210.2 K
Nfj Investment Group, Llc2023-12-31
205.4 K
Massachusetts Financial Services Company2023-12-31
199.1 K
Northern Trust Corp2023-12-31
175.7 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
152.7 K
Morgan Stanley - Brokerage Accounts2023-12-31
150.4 K
Fisher Asset Management, Llc2023-12-31
147.4 K
Blackrock Inc2023-12-31
2.9 M
Vanguard Group Inc2023-12-31
1.9 M
View Kaiser Aluminum Diagnostics

Kaiser Aluminum Historical Income Statement

Kaiser Aluminum Income Statement is one of the three primary financial statements used for reporting Kaiser's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kaiser Aluminum revenue and expense. Kaiser Aluminum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kaiser Aluminum's Non Operating Income Net Other is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.5 M in 2024, whereas EBIT is likely to drop slightly above 67.8 M in 2024. View More Fundamentals

Kaiser Stock Against Markets

Picking the right benchmark for Kaiser Aluminum stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kaiser Aluminum stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kaiser Aluminum is critical whether you are bullish or bearish towards Kaiser Aluminum at a given time. Please also check how Kaiser Aluminum's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Kaiser Aluminum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Kaiser Aluminum Corporate Directors

Kaiser Aluminum corporate directors refer to members of a Kaiser Aluminum board of directors. The board of directors generally takes responsibility for the Kaiser Aluminum's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kaiser Aluminum's board members must vote for the resolution. The Kaiser Aluminum board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Brett WilcoxIndependent DirectorProfile
Lauralee MartinIndependent DirectorProfile
David FosterIndependent DirectorProfile
Emily LiggettIndependent DirectorProfile

How to buy Kaiser Stock?

Before investing in Kaiser Aluminum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kaiser Aluminum. To buy Kaiser Aluminum stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kaiser Aluminum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Kaiser Aluminum stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Kaiser Aluminum stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Kaiser Aluminum stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kaiser Aluminum, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.

Already Invested in Kaiser Aluminum?

The danger of trading Kaiser Aluminum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kaiser Aluminum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kaiser Aluminum. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kaiser Aluminum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kaiser Aluminum is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kaiser Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kaiser Aluminum Stock. Highlighted below are key reports to facilitate an investment decision about Kaiser Aluminum Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Kaiser Stock please use our How to Invest in Kaiser Aluminum guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.
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Is Kaiser Aluminum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaiser Aluminum. If investors know Kaiser will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaiser Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.151
Dividend Share
3.08
Earnings Share
2.92
Revenue Per Share
193.046
Quarterly Revenue Growth
(0.07)
The market value of Kaiser Aluminum is measured differently than its book value, which is the value of Kaiser that is recorded on the company's balance sheet. Investors also form their own opinion of Kaiser Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Kaiser Aluminum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaiser Aluminum's market value can be influenced by many factors that don't directly affect Kaiser Aluminum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaiser Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaiser Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaiser Aluminum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.