How did Century Aluminum Co (CENX) surprise investors with its report?

Currently, Century Aluminum Co [CENX] is trading at $23.94, up 5.56%. An important factor to consider is whether the stock is rising or falling in short-term value. The CENX shares have gain 3.01% over the last week, with a monthly amount glided 39.02%, 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 December 03, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $27 for it. Previously, B. Riley Securities upgraded its rating to Buy on January 09, 2024, and elevated its price target to $14. On December 18, 2023, upgrade upgraded it’s rating to Peer Perform. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $6 on July 11, 2023. B. Riley Securities downgraded its rating to a Neutral but $12 remained the price target by the analyst firm on March 01, 2023. Wolfe Research upgraded its rating to Peer Perform for this stock on February 24, 2023. In a note dated September 30, 2022, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $4.

This stock has fluctuated between a low of $7.28 and a high of $24.21 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Century Aluminum Co [NASDAQ: CENX] shares were valued at $23.94 at the most recent close of the market. An investor can expect a potential drop of -33.17% based on the average CENX price forecast.

Analyzing the CENX fundamentals

Trailing Twelve Months sales for Century Aluminum Co [NASDAQ:CENX] were 2.10B which represents -1.12% decline. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.58 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.

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 23.09 points at the first support level, and at 22.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.09, and for the 2nd resistance point, it is at 26.24.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Century Aluminum Co [NASDAQ:CENX] is 1.71. On the other hand, the Quick Ratio is 0.56, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 3.41 and price to earnings (TTM) ratio is 7.80.

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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