Century Aluminum Co (NASDAQ:CENX) has a beta value of 2.50 and has seen 2.13 million shares traded in the last trading session. The company, currently valued at $1.59B, closed the last trade at $17.17 per share which meant it gained $0.48 on the day or 2.85% during that session. The CENX stock price is -47.87% off its 52-week high price of $25.39 and 43.8% above the 52-week low of $9.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.3 million shares traded. The 3-month trading volume is 1.14 million shares.
The consensus among analysts is that Century Aluminum Co (CENX) is Hold stock at the moment, with a recommendation rating of 1.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.44.
Century Aluminum Co (NASDAQ:CENX) trade information
Sporting 2.85% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CENX stock price touched $17.17 or saw a rise of 18.32%. Year-to-date, Century Aluminum Co shares have moved -5.76%, while the 5-day performance has seen it change -15.96%. Over the past 30 days, the shares of Century Aluminum Co (NASDAQ:CENX) have changed -9.66%. Short interest in the company has seen 4.93 million shares shorted with days to cover at 4.57.
Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could jump 4.61% from current levels. The projected low price target is $18.0 while the price target rests at a high of $18.0. In that case, then, we find that the current price level is -4.83% off the targeted high while a plunge would see the stock gain -4.83% from current levels.
Century Aluminum Co (CENX) estimates and forecasts
Figures show that Century Aluminum Co shares have outperformed across the wider relevant industry. The company’s shares have gained 11.35% over the past 6 months, with this year growth rate of 759.57%, compared to 6.40% for the industry. Revenue growth from the last financial year stood is estimated to be -3.71%.
3 analysts offering their estimates for the company have set an average revenue estimate of 515.27M for the current quarter. 1 have an estimated revenue figure of 519M for the next ending quarter. Year-ago sales stood 512.3M and 489.5M respectively for this quarter and the next, and analysts expect sales will grow by 0.58% for the current quarter and -3.71% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.20% over the past 5 years.
CENX Dividends
Century Aluminum Co is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Century Aluminum Co (NASDAQ:CENX)’s Major holders
Insiders own 44.14% of the company shares, while shares held by institutions stand at 61.00% with a share float percentage of 109.20%. Investors are also buoyed by the number of investors in a company, with Century Aluminum Co having a total of 279.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 9.8 million shares worth more than $164.13 million. As of 2024-06-30, BLACKROCK INC. held 10.5703% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.83 million shares as of 2024-06-30. The firm’s total holdings are worth over $97.65 million and represent 6.2892% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Global X Fds-Global X U.S. Infrastructure Development ETF . As of Nov 30, 2024 , the former fund manager holds about 3.63% shares in the company for having 3.37 shares of worth $57.85 million while later fund manager owns 1.93 shares of worth $33.13 million as of Nov 30, 2024 , which makes it owner of about 2.08% of company’s outstanding stock.
