Century Aluminum Company (NASDAQ:CENX) stock went on an upward path that rose over 0.67% on Thursday, amounting to a one-week price increase of more than 2.31%. Over the last 12 months, CENX stock dropped by -30.02%. The one-year CENX stock forecast points to a potential downside of -0.61, with the average price target set at $9.67 per share. The average equity rating for CENX stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for CENX stock reached $558.75 million, with 93.28 million shares outstanding and 49.65 million shares in the current float. Compared to the average trading volume of 1.33M shares, CENX reached a trading volume of 748736 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Century Aluminum Company (CENX)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CENX shares is $9.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CENX stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Berenberg have made an estimate for Century Aluminum Company shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 14, 2019. The new note on the price target was released on December 21, 2018, representing the official price target for Century Aluminum Company stock. Previously, the target price had yet another raise to $10, while Berenberg analysts kept a Sell rating on CENX stock. On May 04, 2018, analysts decreased their price target for CENX shares from 25 to 19.
The Average True Range (ATR) for Century Aluminum Company is set at 0.35, with the Price to Sales ratio for CENX stock in the period of the last 12 months amounting to 0.30. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 0.28. Quick ratio for the last quarter at 0.80.
How has CENX stock performed recently?
Century Aluminum Company (CENX) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.31. With this latest performance, CENX shares dropped by -20.87% in over the last four-week period, additionally plugging by 1.87% over the last 6 months – not to mention a drop of -30.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CENX stock in for the last two-week period is set at 44.79, with the RSI for the last a single of trading hit 51.76, and the three-weeks RSI is set at 44.15 for Century Aluminum Company (CENX). The present Moving Average for the last 50 days of trading for this stock 6.86, while it was recorded at 5.80 for the last single week of trading, and 6.70 for the last 200 days.
Century Aluminum Company (CENX): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Century Aluminum Company (CENX) shares currently have an operating margin of -3.34 and a Gross Margin at -1.20. Century Aluminum Company’s Net Margin is presently recorded at -3.50.
Return on Total Capital for CENX is now -5.95, given the latest momentum, and Return on Invested Capital for the company is -6.34. Return on Equity for this stock declined to -8.32, with Return on Assets sitting at -4.24. When it comes to the capital structure of this company, Century Aluminum Company (CENX) has a Total Debt to Total Equity ratio set at 36.70. Additionally, CENX Total Debt to Total Capital is recorded at 26.85, with Total Debt to Total Assets ending up at 18.19. Long-Term Debt to Equity for the company is recorded at 32.62, with the Long-Term Debt to Total Capital now at 23.86.
Reflecting on the efficiency of the workforce at the company, Century Aluminum Company (CENX) managed to generate an average of -$31,996 per employee. Receivables Turnover for the company is 23.87 with a Total Asset Turnover recorded at a value of 1.21. Century Aluminum Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 2.50.
Earnings analysis for Century Aluminum Company (CENX)
With the latest financial reports released by the company, Century Aluminum Company posted -0.43/share EPS, while the average EPS was predicted by analysts to be reported at -0.53/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 18.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CENX.
Insider trade positions for Century Aluminum Company (CENX)
There are presently around $287 million, or 54.10% of CENX stock, in the hands of institutional investors. The top three institutional holders of CENX stocks are: BLACKROCK INC. with ownership of 7,548,392, which is approximately 1.773% of the company’s market cap and around 1.30% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 7,359,212 shares of the stock with an approximate value of $43.79 million in CENX stocks shares; and VANGUARD GROUP INC, currently with $33.03 million in CENX stock with ownership of nearly -5.184% of the company’s market capitalization.
Positions in Century Aluminum Company stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 73 institutional holders increased their position in Century Aluminum Company (NASDAQ:CENX) by around 2,348,683 shares. Additionally, 65 investors decreased positions by around 3,988,268 shares, while 25 investors held positions by with 41,890,956 shares. The mentioned changes placed institutional holdings at 48,227,907 shares, according to the latest SEC report filing. CENX stock had 18 new institutional investments in for a total of 484,199 shares, while 19 institutional investors sold positions of 834,041 shares during the same period.