Century Aluminum (CENX) Expected to Announce Earnings on Wednesday

Century Aluminum (NASDAQ:CENX) is expected to be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect Century Aluminum to post earnings of $0.42 per share and revenue of $515.27 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Century Aluminum Trading Down 2.1 %

NASDAQ CENX opened at $20.94 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.71. Century Aluminum has a twelve month low of $9.65 and a twelve month high of $25.39. The firm has a market capitalization of $1.94 billion, a PE ratio of 7.00 and a beta of 2.50. The stock’s 50 day moving average is $19.39 and its 200 day moving average is $17.91.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. StockNews.com upgraded shares of Century Aluminum from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. Wolfe Research upgraded shares of Century Aluminum from a “peer perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research note on Tuesday, December 3rd. BMO Capital Markets lifted their target price on shares of Century Aluminum from $16.00 to $18.00 and gave the company a “market perform” rating in a research note on Tuesday, November 5th. Finally, B. Riley boosted their price target on shares of Century Aluminum from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th.

Insider Activity

In related news, CEO Jesse E. Gary sold 29,243 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $18.97, for a total transaction of $554,739.71. Following the transaction, the chief executive officer now directly owns 50,753 shares in the company, valued at approximately $962,784.41. This represents a 36.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.