Century Aluminum Company (NASDAQ: CENX) Stock: Will It Be A Game-Changer? – Marketing Sentinel
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Century Aluminum Company (NASDAQ: CENX) Stock: Will It Be A Game-Changer?

In today’s recent session, 0.6 million shares of the Century Aluminum Company (NASDAQ:CENX) have been traded, and its beta is 2.43. Most recently the company’s share price was $8.84, and it changed around -$0.49 or -5.31% from the last close, which brings the market valuation of the company to $918.54M. CENX at last check was trading at a discount to its 52-week high of $30.36, offering almost -243.44% off that amount. The share price’s 52-week low was $9.20, which indicates that the recent value has fallen by an impressive -4.07% since then. We note from Century Aluminum Company’s average daily trading volume that its 3-month average coming to 2.32 million.

Century Aluminum Company stock received a consensus recommendation rating of an Overweight, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended CENX as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Century Aluminum Company is expected to report earnings per share of $0.59 for the current quarter.

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Century Aluminum Company (NASDAQ:CENX) trade information

Instantly CENX has been showing red trend so far today with a performance of -5.31% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.03 on Tuesday, 06/21/22 increased the stock’s daily price by 19.85%. The company’s shares are currently down -43.66% year-to-date, but still down -10.55% over the last five days. On the other hand, Century Aluminum Company (NASDAQ:CENX) is -23.02% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $19.33, which translates to bulls needing to increase their stock price by 54.27% from its current value. Analyst projections state that CENX is forecast to be at a low of $14.00 and a high of $30.00. In order for the stock price to hit the forecast high, the stock would need to plunge -239.37% from its current level, while the stock would need to crash -58.37% from its current level to reach the projected low.

Century Aluminum Company (CENX) estimates and forecasts

Century Aluminum Company share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -33.55 percent over the past six months and at a 658.06% annual growth rate that is well above the industry average of 25.50%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will gain 318.50% in revenue this quarter, and will report an increase of 1,733.30% in the next quarter. The year-over-year growth rate is expected to be 57.20%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $889.47 million in revenue for the current quarter. 2 analysts expect Century Aluminum Company to make $933 million in revenue for the quarter ending Sep 2022. Analysts predict that the company’s current quarter sales will jump, forecast at 64.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.60%.

CENX Dividends

Century Aluminum Company’s next quarterly earnings report is expected to be released around February 16 and February 21.

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