Somewhat Positive Press Coverage Somewhat Unlikely to Affect Century Aluminum (CENX) Share Price
News coverage about Century Aluminum (NASDAQ:CENX) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Century Aluminum earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.1429191938778 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Wondrous Stocks- Century Aluminum Company (NASDAQ:CENX) a Aluminum Company – The Stock Street (press release) (thestreetpoint.com)
- Century Aluminum Company, (NASDAQ: CENX), SSR Mining Inc., (NASDAQ: SSRM), CEMEX, SAB de CV, (NYSE: CX … – Stocks In The News (press release) (tradingnewsnow.com)
- Most Recent Figure Make This Stock Even More Attractive: Century Aluminum Company (NASDAQ: CENX) – Alpha Beta Stock (alphabetastock.com)
- Stocks Buzz: Century Aluminum Company (NASDAQ:CENX) a Aluminum Company – The Stock Street (press release) (thestreetpoint.com)
- Calculating The Intrinsic Value Of Century Aluminum Company (CENX) (finance.yahoo.com)
Several equities research analysts recently commented on the company. Zacks Investment Research raised Century Aluminum from a “hold” rating to a “strong-buy” rating and set a $19.00 price target for the company in a research note on Tuesday, August 1st. BidaskClub cut Century Aluminum from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. BMO Capital Markets set a $16.00 price target on Century Aluminum and gave the company a “hold” rating in a research note on Friday, October 27th. Cowen and Company set a $16.00 price target on Century Aluminum and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Finally, J P Morgan Chase & Co upgraded Century Aluminum from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $15.00 to $22.00 in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $17.10.
Century Aluminum (CENX) traded up $0.23 on Wednesday, reaching $13.64. The company had a trading volume of 2,109,085 shares, compared to its average volume of 2,473,400. Century Aluminum has a 12-month low of $8.39 and a 12-month high of $20.68. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.27.
Century Aluminum (NASDAQ:CENX) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.08). Century Aluminum had a negative return on equity of 0.17% and a negative net margin of 10.45%. The company had revenue of $388.80 million during the quarter, compared to analyst estimates of $392.28 million. During the same quarter last year, the firm posted ($0.31) earnings per share. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. equities analysts expect that Century Aluminum will post 0.39 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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