Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Century Aluminum (CENX) Share Price
News stories about Century Aluminum (NASDAQ:CENX) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Century Aluminum earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 44.7136578596677 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- $429.89 Million in Sales Expected for Century Aluminum Co (CENX) This Quarter (americanbankingnews.com)
- Century Aluminum Co (CENX) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Active Stock’s Trader’s Round Up: Century Aluminum Company (CENX) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Zacks: Analysts Anticipate Century Aluminum Co (CENX) to Announce $0.26 EPS (americanbankingnews.com)
- Two Stocks are not to be skipped: Century Aluminum Company (CENX), QEP Resources, Inc. (QEP) – Market Movers (financialqz.com)
A number of equities research analysts recently issued reports on the company. BidaskClub upgraded Century Aluminum from a “strong sell” rating to a “sell” rating in a research report on Wednesday, December 6th. Macquarie initiated coverage on Century Aluminum in a research report on Thursday, September 7th. They set a “neutral” rating on the stock. Cowen set a $17.00 price target on Century Aluminum and gave the company a “hold” rating in a research report on Wednesday, October 11th. Deutsche Bank upgraded Century Aluminum from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, October 17th. Finally, BMO Capital Markets set a $16.00 price target on Century Aluminum and gave the company a “hold” rating in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.90.
Century Aluminum (CENX) traded up $0.16 during midday trading on Tuesday, reaching $18.19. The company’s stock had a trading volume of 852,883 shares, compared to its average volume of 2,457,544. Century Aluminum has a twelve month low of $8.39 and a twelve month high of $20.68. The company has a quick ratio of 1.27, a current ratio of 2.61 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1,574.51, a P/E ratio of -10.05 and a beta of 0.42.
Century Aluminum (NASDAQ:CENX) last released its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.08). Century Aluminum had a negative net margin of 10.45% and a negative return on equity of 0.17%. The firm had revenue of $388.80 million for the quarter, compared to analysts’ expectations of $392.28 million. During the same quarter in the previous year, the business earned ($0.31) EPS. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. analysts expect that Century Aluminum will post 0.35 earnings per share for the current year.
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About Century Aluminum
Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products.
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