With 1.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.89 million shares. The 52-week range on CENX shows that it touched its highest point at $25.39 and its lowest point at $11.40 during that stretch. It currently has a 1-year price target of $22.67. Beta for the stock currently stands at 2.55.
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 up-trending over the past week, with a rise of 3.21%, but this was up by 3.80% over a month. Three-month performance dropped to -21.73% while six-month performance fell -22.65%. The stock lost -5.21% in the past year, while it has lost -10.04% so far this year. A look at the trailing 12-month EPS for CENX yields 1.13 with Next year EPS estimates of 2.24. For the next quarter, that number is 0.50. This implies an EPS growth rate of 86.19% for this year and 8.61% for next year.
Float and Shares Shorts:
At present, 93.30 million CENX shares are outstanding with a float of 51.37 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 $1.81191 being high and $1.62295 being low. For CENX, this leads to a yearly average estimate of $1.71743. Based on analyst estimates, the high estimate for the next quarter is $0.8 and the low estimate is $0.8. The average estimate for the next quarter is thus $0.8.
