Century Aluminum Co (NASDAQ:CENX) has earned an average recommendation of “Hold” from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $19.50.

A number of equities research analysts have weighed in on the company. Berenberg Bank assumed coverage on Century Aluminum in a research note on Friday, September 21st. They issued a “sell” rating and a $10.00 price objective for the company. BidaskClub cut Century Aluminum from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 9th. B. Riley reduced their price objective on Century Aluminum from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, August 2nd. BMO Capital Markets cut their price target on Century Aluminum from $28.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, August 1st. Finally, Deutsche Bank upgraded Century Aluminum from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Thursday, August 2nd.

Shares of NASDAQ CENX opened at $11.86 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.89 and a quick ratio of 1.16. Century Aluminum has a twelve month low of $11.04 and a twelve month high of $24.77. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 32.94 and a beta of 0.70.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $0.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.05. Century Aluminum had a return on equity of 8.11% and a net margin of 4.22%. The company had revenue of $470.00 million during the quarter, compared to analysts’ expectations of $458.03 million. During the same quarter in the previous year, the business earned $0.01 earnings per share. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. sell-side analysts anticipate that Century Aluminum will post 0.91 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in Century Aluminum by 14.6% in the second quarter. Northern Trust Corp now owns 723,706 shares of the industrial products company’s stock worth $11,398,000 after acquiring an additional 92,323 shares in the last quarter. Mainstay Capital Management LLC ADV raised its position in Century Aluminum by 421.0% in the second quarter. Mainstay Capital Management LLC ADV now owns 85,165 shares of the industrial products company’s stock worth $4,800,000 after acquiring an additional 68,820 shares in the last quarter. Zacks Investment Management purchased a new position in Century Aluminum in the second quarter worth $1,095,000. Point72 Asset Management L.P. raised its position in Century Aluminum by 290.0% in the second quarter. Point72 Asset Management L.P. now owns 617,484 shares of the industrial products company’s stock worth $9,725,000 after acquiring an additional 459,140 shares in the last quarter. Finally, OppenheimerFunds Inc. raised its position in Century Aluminum by 27.8% in the second quarter. OppenheimerFunds Inc. now owns 60,446 shares of the industrial products company’s stock worth $952,000 after acquiring an additional 13,149 shares in the last quarter. Institutional investors and hedge funds own 56.00% of the company’s stock.

About Century Aluminum

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.

Read More: What is the NASDAQ?

Analyst Recommendations for Century Aluminum (NASDAQ:CENX)

Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.