Kaiser Aluminum is reporting powerful growth numbers, and analysts project that will continue in the second half of this year. On a monthly basis, Kaiser stock rose 6.33% in April, 12.61% in May and Monday afternoon was on track for an 11.17% bump higher in June.
Significantly, the stock increases come on surging earnings. Kaiser reported an 87% leap in earnings for the December 2024 ended quarter, and a 132% pop for March-ended quarter. The metals company completed a turnaround this year after weak results last year.
Consensus of Wall Street analysts is for nosebleed profit growth this year to continue, according to FactSet. Wall Street projects EPS will rise 13%, 106% and 354% over the next three quarters. The next quarterly results are expected on or around July 24.
Kaiser Gets Key Rating Upgrade
On Monday, the Relative Strength Rating for Franklin, Tenn.-based Kaiser jumped from 79 to 82, passing a milestone. Market research shows that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. Kaiser qualifies for that elite group now.
Hone Your Stock-Picking Skills By Focusing On These Factors
Kaiser aluminum is used in a wide variety of industries including autos, aerospace/defense, packaging, industrial engineering and more. Its remarkable recent growth is likely due in large part to the Trump administration's tariff moves aimed at lowering tariffs trading partners have on U.S. companies, and raising tariffs on incoming goods.
Among its other key ratings Kaiser has an 81 EPS Rating, putting it in the top 19% of companies for recent and long-term profit growth. It also carries an 87 Composite Rating and its B Accumulation/Distribution Rating shows that funds are buying more of its shares than selling.
Kaiser Among Top 5 In Its Industry
Kaiser stock dropped to a 46.80 low on April 4 amid the early 2025 market correction. It traded around 80 Monday afternoon, up about 70% in just under three months. It's trading at the highest level since early December, but still far below its all-time high above 140 in May 2021.
For The IBD Methodology investors, now is not an ideal time to jump in since it isn't near a proper buy zone. See if the stock goes on to establish and enter a buying range in heavy trade.
Kaiser Aluminum earns the No. 5 rank among its peers in the 25-stock Metal-Fabricators industry group. Insteel Industries is the No. 1-ranked stock in the group.
The exclusive Relative Strength Rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
Please follow James DeTar on Twitter @JimDeTar
This story originally said that Kaiser stock rose 59% in three months. It was corrected after publication to say it rose 70%.
RELATED:
Get Full Access To IBD Stock Lists And Ratings
IBD Stock Rating Upgrades: Rising Relative Strength
IBD Live: A New Tool For Daily Stock Market Analysis
Why Should You Use IBD's Relative Strength Rating?
MarketSurge: Research, Charts, Data And Coaching All In One Place
