Century Aluminum - CENX Stock Forecast, Price & News

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. The company was incorporated in 1981 and is headquartered in Chicago, Illinois.

Century Aluminum Stock Performance

CENX Stock opened at $9.03 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.70 and a debt-to-equity ratio of 0.77. The firm has a market cap of $824.98 million, a price-to-earnings ratio of 16.42 and a beta of 2.56. The business's fifty day simple moving average is $8.24 and its two-hundred day simple moving average is $16.07. Century Aluminum has a twelve month low of $6.58 and a twelve month high of $30.36.

Century Aluminum (NASDAQ:CENX - Get Rating) last posted its earnings results on Tuesday, August 9th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.09. Century Aluminum had a return on equity of 24.72% and a net margin of 1.96%. During the same quarter last year, the business posted ($0.27) EPS. Analysts predict that Century Aluminum will post 1.77 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CENX shares. B. Riley reduced their price target on shares of Century Aluminum from $32.00 to $30.00 in a research report on Monday, May 2nd. TheStreet cut shares of Century Aluminum from a "c-" rating to a "d+" rating in a research report on Tuesday, July 12th. Wolfe Research cut shares of Century Aluminum from an "outperform" rating to a "peer perform" rating and reduced their price target for the company from $30.00 to $14.00 in a research report on Wednesday, May 18th. Finally, BMO Capital Markets reduced their target price on shares of Century Aluminum from $14.00 to $9.00 and set a "market perform" rating for the company in a report on Thursday, June 23rd. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $17.67.

Insiders Place Their Bets

In other Century Aluminum news, CEO Jesse E. Gary sold 49,568 shares of the company's stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $8.88, for a total value of $440,163.84. Following the completion of the sale, the chief executive officer now directly owns 64,400 shares in the company, valued at $571,872. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Jesse E. Gary sold 49,568 shares of the firm's stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $8.88, for a total transaction of $440,163.84. Following the completion of the sale, the chief executive officer now owns 64,400 shares of the company's stock, valued at $571,872. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Jesse E. Gary sold 50,000 shares of Century Aluminum stock in a transaction on Friday, August 12th. The stock was sold at an average price of $9.78, for a total transaction of $489,000.00. Following the transaction, the chief executive officer now directly owns 113,968 shares in the company, valued at $1,114,607.04. The disclosure for this sale can be found here. 0.82% of the stock is currently owned by insiders.