It is Poised to be a Bull Market for Century Aluminum Co (CENX)

With 0.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. During the session, the Aluminum company that operates in wider Basic Materials sector, reached to the highest price of $19.07 whereas the lowest price it dropped to was $18.37. The 52-week range on CENX shows that it touched its highest point at $25.39 and its lowest point at $9.65 during that stretch. It currently has a 1-year price target of $24.33. CENX paid its most recent dividend on 1032307200, while the ex-dividend date for that was 1032307200. Beta for the stock currently stands at 2.53.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CENX was down-trending over the past week, with a drop of -7.55%, but this was down by -16.54% over a month. Three-month performance surged to 22.69% while six-month performance rose 14.36%. The stock gained 54.17% in the past year, while it has gained 55.44% so far this year. A look at the trailing 12-month EPS for CENX yields 3.07 with Next year EPS estimates of 2.37. For the next quarter, that number is 0.59. This implies an EPS growth rate of 423.23% for this year and 37.26% for next year.

Float and Shares Shorts:

At present, 92.80 million CENX shares are outstanding with a float of 51.57 million shares on hand for trading. On 2024-11-29, short shares totaled 4.23 million, which was 456.00000000000006 higher than short shares on 1730332800. In addition to Mr. Jesse E. Gary J.D. as the firm’s President, CEO & Director, Mr. Gerald C. Bialek serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.61675 of CENX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CENX reported revenue of $539100000.0 and operating income of $63800000.0. The EBITDA in the recently reported quarter was $83300000.0 and diluted EPS was $0.46.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CENX since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CENX analysts setting a high price target of 27.0 and a low target of 22.0, the average target price over the next 12 months is 24.33333. Based on these targets, CENX could surge 43.08% to reach the target high and rise by 16.59% to reach the target low. Reaching the average price target will result in a growth of 28.95% from current levels.

Analysts have provided yearly estimates in a range of $1.73624 being high and $1.7171 being low. For CENX, this leads to a yearly average estimate of $1.72667. Based on analyst estimates, the high estimate for the next quarter is $0.7 and the low estimate is $0.7. The average estimate for the next quarter is thus $0.7.