Analyze Century Aluminum Co (NASDAQ: CENX) With This Review Before Investing

Century Aluminum Co (NASDAQ:CENX) traded at $20.40 at last check on current trade day and made an upward move of 16.31% on its previous day’s price.

Looking at the stock we see that its previous close was $17.54 with the day’s price range being $18.56 – $20.49. The company has a trailing 12-month PE ratio of 9.44. In terms of its 52-week price range, CENX has a high of $21.37 and a low of $6.25. The company’s stock has gained about 28.38% over that past 30 days.

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Century Aluminum Co has a market cap of $1.89 billion and is expected to release its quarterly earnings report on 2025-Feb-19. Estimates by analysts give the company expected earnings per share (EPS) of 0.47, with the EPS growth for the year raised at 0.72 for current year and 0.72 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 529.55M, with a low of 506M and a high of 553.1M. The median projection represents growth squeezing down to 3.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2.11B, or -3.40% down from figures reported last year.

On the other hand, looking at the outlook for the CENX stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of Hold.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Century Aluminum Co (CENX) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 16.75% off its SMA20 and 30.15% from its 50-day simple moving average. The RSI (14) is pointing at 72.86 while the volatility over the past week is 4.04% and jumps to 4.77% over the past one month. The beta value is 2.46, while the average true range (ATR) is currently pointing at 0.95. The average price target for the stock over the next 12 months is $15, with the estimates having a low of $6 and a high of $24. These price ends are 70.59% and -17.65% off the today’s price level respectively, although investors could be excited at the prospect of a 26.47% if the CENX share price touches on the median price of $15.

Coming back to Century Aluminum Co (NASDAQ:CENX), we note that the average 3-month trading volume was 1.05 million, while that of the preceding 10-day period stands at 1.01 million. Current shares outstanding are 92.69 million.

The insiders hold 44.47% of the company’s shares while institutions hold 60.66%. The data shows that short shares as of 2024-10-15, stood at 5.48 million at a short ratio of 5.72. This represents a 1304.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 5.59 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 68.04% up in year-to-date price movement.

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