Century Aluminum Company [CENX] Revenue clocked in at $1.77 billion, up 15.90% YTD: What’s Next?

Century Aluminum Company [NASDAQ: CENX] gained 13.41% on the last trading session, reaching $8.71 price per share at the time. The company report on July 22, 2020 that Century Aluminum Sets Date for Second Quarter 2020 Earnings Announcement.

Century Aluminum Company (NASDAQ: CENX) will report second quarter 2020 earnings on Wednesday, August 5, 2020 after the close of market trading. The news release will be issued through GlobeNewswire.

The company will hold a follow-up conference call on Wednesday, August 5, 2020 at 5:00 p.m. Eastern time.

Century Aluminum Company represents 89.30 million in outstanding shares, while the company has a total market value of $687.13 million with the latest information. CENX stock price has been found in the range of $7.6001 to $8.7379.

If compared to the average trading volume of 1.23M shares, CENX reached a trading volume of 5055407 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $5.33 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 3.00. 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.

BMO Capital Markets have made an estimate for Century Aluminum Company shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on June 25, 2020. While these analysts kept the previous recommendation, B. Riley FBR raised their target price from $11 to $5. The new note on the price target was released on March 24, 2020, representing the official price target for Century Aluminum Company stock.

The Average True Range (ATR) for Century Aluminum Company is set at 0.41, with the Price to Sales ratio for CENX stock in the period of the last 12 months amounting to 0.39. The Price to Book ratio for the last quarter was 1.15, with the Price to Cash per share for the same quarter was set at 1.87. Price to Free Cash Flow for CENX in the course of the last twelve months was 36.55 with Quick ratio for the last quarter at 0.90.

Trading performance analysis for CENX stock

Century Aluminum Company [CENX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.60. With this latest performance, CENX shares gained by 27.90% in over the last four-week period, additionally plugging by 64.65% over the last 6 months – not to mention a rise of 23.90% 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 69.10, with the RSI for the last a single of trading hit 75.56, and the three-weeks RSI is set at 67.23 for Century Aluminum Company [CENX]. The present Moving Average for the last 50 days of trading for this stock 7.00, while it was recorded at 7.90 for the last single week of trading, and 6.09 for the last 200 days.

Century Aluminum Company [CENX]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Century Aluminum Company [CENX] shares currently have an operating margin of -3.91 and a Gross Margin at -1.29. Century Aluminum Company’s Net Margin is presently recorded at -4.17.

Return on Total Capital for CENX is now -7.05, given the latest momentum, and Return on Invested Capital for the company is -7.74. Return on Equity for this stock declined to -10.65, with Return on Assets sitting at -5.04. When it comes to the capital structure of this company, Century Aluminum Company [CENX] has a Total Debt to Total Equity ratio set at 47.79. Additionally, CENX Total Debt to Total Capital is recorded at 32.34, with Total Debt to Total Assets ending up at 21.51. Long-Term Debt to Equity for the company is recorded at 43.26, with the Long-Term Debt to Total Capital now at 29.27.

Reflecting on the efficiency of the workforce at the company, Century Aluminum Company [CENX] managed to generate an average of -$36,797 per employee. Receivables Turnover for the company is 17.88 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 0.90 and a Current Ratio set at 2.00.

Century Aluminum Company [CENX]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Century Aluminum Company posted -0.17/share EPS, while the average EPS was predicted by analysts to be reported at -0.28/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 39.30%. 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.

An analysis of insider ownership at Century Aluminum Company [CENX]

There are presently around $403 million, or 53.20% of CENX stock, in the hands of institutional investors. The top three institutional holders of CENX stocks are: BLACKROCK INC. with ownership of 7,711,397, which is approximately -1.159% of the company’s market cap and around 1.70% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 6,489,043 shares of the stock with an approximate value of $56.52 million in CENX stocks shares; and VANGUARD GROUP INC, currently with $47.93 million in CENX stock with ownership of nearly -4.002% of the company’s market capitalization.

Positions in Century Aluminum Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 66 institutional holders increased their position in Century Aluminum Company [NASDAQ:CENX] by around 2,939,150 shares. Additionally, 66 investors decreased positions by around 6,413,752 shares, while 26 investors held positions by with 36,936,980 shares. The mentioned changes placed institutional holdings at 46,289,882 shares, according to the latest SEC report filing. CENX stock had 15 new institutional investments in for a total of 429,828 shares, while 28 institutional investors sold positions of 1,333,745 shares during the same period.

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