In the last trading session, 1.37 million Century Aluminum Co (NASDAQ:CENX) shares changed hands as the company’s beta touched 2.50. With the company’s per share price at $19.95 changed hands at $0.55 or 2.84% during last session, the market valuation stood at $1.84B. CENX’s last price was a discount, traded about -27.27% off its 52-week high of $25.39. The share price had its 52-week low at $11.35, which suggests the last value was 43.11% up since then. When we look at Century Aluminum Co’s average trading volume, we note the 10-day average is 2.09 million shares, with the 3-month average coming to 1.67 million.
Analysts gave the Century Aluminum Co (CENX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CENX as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Century Aluminum Co’s EPS for the current quarter is expected to be 0.56.
Century Aluminum Co (NASDAQ:CENX) trade information
Instantly CENX was in green as seen at the end of in last trading. With action 6.86%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.50%, with the 5-day performance at 6.86% in the green. However, in the 30-day time frame, Century Aluminum Co (NASDAQ:CENX) is -1.04% down. Looking at the short shares, we see there were 5.11 million shares sold at short interest cover period of 2.43 days.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need a downside of -10.83% from its current market value. According to analyst projections, CENX’s forecast low is 18 with 18 as the target high. To hit the forecast high, the stock’s price needs a 9.77% surge from its current level, while the stock would need to tank 9.77% for it to hit the projected low.
Century Aluminum Co (CENX) estimates and forecasts
Year-over-year growth is forecast to reach 8.98% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 602.15M. 1 analysts are of the opinion that Century Aluminum Co’s revenue for the current quarter will be 666.3M. The company’s revenue for the corresponding quarters a year ago was 489.5M and 560.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 23.01%. The estimates for the next quarter sales put growth at 18.81%.
The 2025 estimates are for Century Aluminum Co earnings to increase by 162.76%, but the outlook for the next 5-year period is at 60.86% per year.
CENX Dividends
Century Aluminum Co is expected to release its next quarterly earnings report on 2025-Feb-19. During the past 5 years, the average dividend yield was 1.84 per year.
Century Aluminum Co (NASDAQ:CENX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 44.61% of Century Aluminum Co shares while 58.71% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 105.99%. There are 58.71% institutions holding the Century Aluminum Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 10.5703% of the shares, roughly 9.8 million CENX shares worth $164.13 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.2892% or 5.83 million shares worth $97.65 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Global X Fds-Global X U.S. Infrastructure Development ETF . With 3.35 shares estimated at $66.86 million under it, the former controlled 3.63% of total outstanding shares. On the other hand, Global X Fds-Global X U.S. Infrastructure Development ETF held about 2.08% of the shares, roughly 1.92 shares worth around $38.35 million.
