Key Points
- Century Aluminum EVP John Dezee sold 66,000 shares on Feb. 23 at an average price of $50.72 for a total of $3,347,520, reducing his stake by 40.33% to 97,647 shares.
- Shares traded around $50.70 (one‑year range $13.05–$55.99); the company reported Q4 EPS of $1.25 (in line with estimates) but revenue of $633.7M missed expectations, and the stock carries a market cap of about $4.73B and a PE of 127.56.
- Analysts are mostly positive with an average rating of "Buy" and a consensus target of $54.33, including recent upgrades such as Zacks to "Strong Buy" and B. Riley raising its target to $68.00.
Century Aluminum Company (NASDAQ:CENX - Get Free Report) EVP John Dezee sold 66,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $50.72, for a total value of $3,347,520.00. Following the transaction, the executive vice president directly owned 97,647 shares in the company, valued at approximately $4,952,655.84. This represents a 40.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Century Aluminum Stock Performance
Shares of NASDAQ CENX traded down $2.32 during trading on Thursday, reaching $50.70. The stock had a trading volume of 272,149 shares, compared to its average volume of 2,370,120. Century Aluminum Company has a one year low of $13.05 and a one year high of $55.99. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.97. The stock has a market cap of $4.73 billion, a PE ratio of 127.56 and a beta of 2.24. The firm's 50 day moving average price is $46.08 and its two-hundred day moving average price is $34.13.
Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.25. The firm had revenue of $633.70 million for the quarter, compared to analysts' expectations of $661.63 million. Century Aluminum had a return on equity of 5.55% and a net margin of 1.65%.The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the business posted $0.49 earnings per share. On average, research analysts forecast that Century Aluminum Company will post 2.76 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of Century Aluminum from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 17th. B. Riley Financial upped their target price on Century Aluminum from $64.00 to $68.00 and gave the company a "buy" rating in a report on Tuesday. Weiss Ratings reiterated a "hold (c)" rating on shares of Century Aluminum in a research report on Wednesday, January 21st. Wall Street Zen raised Century Aluminum from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. Finally, BMO Capital Markets upped their price objective on Century Aluminum from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $54.33.
Check Out Our Latest Research Report on CENX
Hedge Funds Weigh In On Century Aluminum
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lido Advisors LLC raised its stake in Century Aluminum by 1.5% during the 4th quarter. Lido Advisors LLC now owns 12,911 shares of the industrial products company's stock valued at $506,000 after acquiring an additional 196 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of Century Aluminum by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 10,269 shares of the industrial products company's stock worth $402,000 after purchasing an additional 308 shares in the last quarter. CWM LLC increased its holdings in shares of Century Aluminum by 26.3% during the third quarter. CWM LLC now owns 1,592 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 332 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Century Aluminum by 48.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,185 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 386 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in shares of Century Aluminum by 2.5% during the third quarter. Arizona State Retirement System now owns 16,562 shares of the industrial products company's stock valued at $486,000 after purchasing an additional 411 shares in the last quarter. 61.59% of the stock is owned by institutional investors.
About Century Aluminum
(
Get Free Report)
Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.
The company's core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.
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