The price of Century Aluminum Company (NASDAQ:CENX) shares last traded on Wall Street fell -6.92% to $8.20.
Based on available information, 3 analysts follow Century Aluminum Company (NASDAQ:CENX). The consensus rating among analysts is ‘Underweight’. As we calculate the median target price by taking the range between a high of $12.00 and a low of $6.00, we find $9.00. Given the previous closing price of $8.81, this indicates a potential upside of 2.16 percent. CENX stock price is now -3.33% away from the 50-day moving average and -6.25% away from the 200-day moving average. The market capitalization of the company currently stands at $720.29M.
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Among analysts, 2 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $9.00 as their price target over the next twelve months.
With the price target maintained at $6, Wolfe Research recently Downgraded its rating from Peer Perform to Underperform for Century Aluminum Company (NASDAQ: CENX).
In other news, Aboud Matt, SVP, Strategy & Business Dev’t bought 18,000 shares of the company’s stock on May 11. The stock was bought for $130,500 at an average price of $7.25. Upon completion of the transaction, the SVP, Strategy & Business Dev’t now directly owns 46,678 shares in the company, valued at $0.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15, President and CEO Gary Jesse E sold 49,568 shares of the business’s stock. A total of $440,313 was realized by selling the stock at an average price of $8.88. This leaves the insider owning 64,400 shares of the company worth $0.53 million. Insiders disposed of 27,702,859 shares of company stock worth roughly $227.16 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CENX stock. A new stake in Century Aluminum Company shares was purchased by CLARIVEST ASSET MANAGEMENT LLC during the first quarter worth $948,000. GSA CAPITAL PARTNERS LLP invested $643,000 in shares of CENX during the first quarter. In the first quarter, STATE OF WISCONSIN INVESTMENT BOARD acquired a new stake in Century Aluminum Company valued at approximately $550,000. BOULDER HILL CAPITAL MANAGEMENT LP acquired a new stake in CENX for approximately $474,000. SYMMETRY INVESTMENTS LP purchased a new stake in CENX valued at around $468,000 in the second quarter. In total, there are 243 active investors with 57.80% ownership of the company’s stock.
A candlestick chart of Century Aluminum Company (NASDAQ: CENX) showed a price of $8.30 on Tuesday morning. During the past 12 months, Century Aluminum Company has had a low of $5.27 and a high of $12.97. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 1.60, and a quick ratio of 0.50. The fifty day moving average price for CENX is $8.48 and a two-hundred day moving average price translates $8.75 for the stock.
The latest earnings results from Century Aluminum Company (NASDAQ: CENX) was released for Mar, 2023. According to the Aluminum Company, earnings per share came in at -$0.11, missing analysts’ expectations of -$0.07 by -0.04. This compares to $0.18 EPS in the same period last year. The net profit margin was -2.70% and return on equity was -15.80% for CENX. The company reported revenue of $552.4 million for the quarter, compared to $753.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.7 percent. For the current quarter, analysts expect CENX to generate $514.53M in revenue.
Investors who held shares on 09/18/2002 were paid a $0.05 dividend.
Century Aluminum Company(CENX) Company Profile
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. Century Aluminum Company was founded in 1995 and is headquartered in Chicago, Illinois.
