How much can investors make with Century Aluminum Co. (CENX) stock in the next 12 months?

Century Aluminum Co. [CENX] stock is trading at $18.93, up 13.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CENX shares have gain 14.73% over the last week, with a monthly amount glided 3.27%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Century Aluminum Co. [NASDAQ: CENX] stock has seen the most recent analyst activity on January 09, 2024, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $14 from $10. Previously, Wolfe Research upgraded its rating to Peer Perform on December 18, 2023. On July 11, 2023, downgrade downgraded it’s rating to Underperform but maintained its price target of $6 on the stock. B. Riley Securities downgraded its rating to a Neutral but stick to its price target of $12 on March 01, 2023. Wolfe Research upgraded its rating to a Peer Perform. Wolfe Research downgraded its rating to Underperform for this stock on September 30, 2022, but kept the price target unchanged to $4. In a note dated May 18, 2022, Wolfe Research downgraded an Peer Perform rating on this stock and revised its target price from $30 to $14.

Century Aluminum Co. [CENX] stock has fluctuated between $5.70 and $19.88 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Century Aluminum Co. [NASDAQ: CENX] shares were valued at $18.93 at the most recent close of the market. An investor can expect a potential drop of -4.91% based on the average CENX price forecast.

Analyzing the CENX fundamentals

Century Aluminum Co. [NASDAQ:CENX] reported sales of 2.12B for the trailing twelve months, which represents a drop of -11.39%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.58 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.59 points at the first support level, and at 16.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.60, and for the 2nd resistance point, it is at 20.27.

Ratios To Look Out For

For context, Century Aluminum Co.’s Current Ratio is 1.67. Further, the Quick Ratio stands at 0.63, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.83, the price to book ratio is 2.92 and price to earnings (TTM) ratio is 8.37.

Transactions by insiders

Recent insider trading involved Gary Jesse E, President and CEO, that happened on Jun 26 ’24 when 60000.0 shares were sold. SVP, Strategy & Business Dev’t, Aboud Matt completed a deal on Mar 04 ’24 to sell 3766.0 shares. Meanwhile, SVP, Finance and Treasurer Trpkovski Peter A sold 13908.0 shares on Dec 28 ’23.

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