BidaskClub upgraded shares of Century Aluminum (NASDAQ:CENX) from a strong sell rating to a sell rating in a research note released on Wednesday.

CENX has been the subject of a number of other reports. Zacks Investment Research downgraded shares of Century Aluminum from a buy rating to a hold rating in a research note on Monday, October 23rd. BMO Capital Markets set a $16.00 target price on shares of Century Aluminum and gave the stock a hold rating in a research note on Friday, October 27th. J P Morgan Chase & Co downgraded shares of Century Aluminum from an overweight rating to a neutral rating and dropped their target price for the stock from $22.00 to $14.50 in a research note on Monday, October 30th. Deutsche Bank raised shares of Century Aluminum from a hold rating to a buy rating and set a $20.00 target price for the company in a research note on Tuesday, October 17th. Finally, Macquarie started coverage on shares of Century Aluminum in a research note on Thursday, September 7th. They issued a neutral rating for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $17.10.

Shares of Century Aluminum (CENX) traded up $0.40 during mid-day trading on Wednesday, reaching $14.08. 1,785,466 shares of the company traded hands, compared to its average volume of 2,051,126. Century Aluminum has a 12-month low of $8.39 and a 12-month high of $20.68. The company has a quick ratio of 1.27, a current ratio of 2.61 and a debt-to-equity ratio of 0.32.

Century Aluminum (NASDAQ:CENX) last announced its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.08). Century Aluminum had a negative net margin of 10.45% and a negative return on equity of 0.17%. The firm had revenue of $388.80 million for the quarter, compared to the consensus estimate of $392.28 million. During the same period in the prior year, the business earned ($0.31) earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. equities research analysts expect that Century Aluminum will post 0.39 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Century Aluminum by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 4,628,874 shares of the industrial products company’s stock worth $72,117,000 after buying an additional 104,392 shares during the period. Canada Pension Plan Investment Board grew its position in shares of Century Aluminum by 6.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,433,902 shares of the industrial products company’s stock worth $56,934,000 after buying an additional 210,292 shares during the period. Balyasny Asset Management LLC grew its position in shares of Century Aluminum by 742.8% during the 2nd quarter. Balyasny Asset Management LLC now owns 3,027,819 shares of the industrial products company’s stock worth $47,173,000 after buying an additional 2,668,550 shares during the period. Impala Asset Management LLC grew its position in shares of Century Aluminum by 63.2% during the 2nd quarter. Impala Asset Management LLC now owns 2,797,458 shares of the industrial products company’s stock worth $43,584,000 after buying an additional 1,083,314 shares during the period. Finally, ING Groep NV grew its position in shares of Century Aluminum by 760.7% during the 3rd quarter. ING Groep NV now owns 2,443,639 shares of the industrial products company’s stock worth $40,516,000 after buying an additional 2,159,729 shares during the period. Institutional investors own 68.01% of the company’s stock.

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Century Aluminum Company Profile

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products.

Analyst Recommendations for Century Aluminum (NASDAQ:CENX)

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