With 1.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.23 million shares. 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 $24.00. Beta for the stock currently stands at 2.69.
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 -4.23%, but this was up by 0.55% over a month. Three-month performance dropped to -1.33% while six-month performance rose 52.56%. The stock gained 95.13% in the past year, while it has gained 14.38% so far this year. A look at the trailing 12-month EPS for CENX yields 3.07 with Next year EPS estimates of 2.29. For the next quarter, that number is 0.56. This implies an EPS growth rate of 420.43% for this year and 33.31% for next year. EPS is expected to grow by 92.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.20%.
Float and Shares Shorts:
At present, 92.80 million CENX shares are outstanding with a float of 51.08 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.83267 being high and $1.63431 being low. For CENX, this leads to a yearly average estimate of $1.71667. Based on analyst estimates, the high estimate for the next quarter is $0.65 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.57.
