Wall Street brokerages expect Century Aluminum Co (NASDAQ:CENX) to report earnings of $0.10 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Century Aluminum’s earnings, with the highest EPS estimate coming in at $0.20 and the lowest estimate coming in at $0.00. Century Aluminum reported earnings of $0.15 per share in the same quarter last year, which indicates a negative year over year growth rate of 33.3%. The company is expected to announce its next quarterly earnings report on Thursday, October 25th.

According to Zacks, analysts expect that Century Aluminum will report full year earnings of $0.91 per share for the current fiscal year, with EPS estimates ranging from $0.81 to $1.00. For the next year, analysts forecast that the company will post earnings of $2.25 per share, with EPS estimates ranging from $1.94 to $2.58. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Century Aluminum.

Century Aluminum (NASDAQ:CENX) last announced its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.05. The firm had revenue of $470.00 million during the quarter, compared to analyst estimates of $458.03 million. Century Aluminum had a return on equity of 8.11% and a net margin of 4.22%. The company’s revenue was up 20.9% on a year-over-year basis. During the same period last year, the company earned $0.01 earnings per share.

A number of analysts recently commented on the company. ValuEngine upgraded Century Aluminum from a “hold” rating to a “buy” rating in a research report on Friday, June 1st. Zacks Investment Research lowered Century Aluminum from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 5th. BidaskClub upgraded Century Aluminum from a “sell” rating to a “hold” rating in a research report on Tuesday, June 26th. Finally, B. Riley started coverage on Century Aluminum in a research report on Thursday, June 21st. They set a “buy” rating and a $27.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $21.17.

CENX stock traded down $0.19 during midday trading on Friday, reaching $11.85. The stock had a trading volume of 2,208,200 shares, compared to its average volume of 2,074,849. The company has a quick ratio of 1.16, a current ratio of 2.89 and a debt-to-equity ratio of 0.29. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 32.78 and a beta of 0.70. Century Aluminum has a twelve month low of $11.04 and a twelve month high of $24.77.

Several institutional investors have recently bought and sold shares of the company. Swiss National Bank grew its position in shares of Century Aluminum by 5.6% during the 1st quarter. Swiss National Bank now owns 91,150 shares of the industrial products company’s stock worth $1,508,000 after buying an additional 4,800 shares during the period. Cornerstone Wealth Management LLC acquired a new position in shares of Century Aluminum during the 2nd quarter worth about $400,000. Global X Management Co. LLC grew its position in shares of Century Aluminum by 154.6% during the 1st quarter. Global X Management Co. LLC now owns 12,906 shares of the industrial products company’s stock worth $213,000 after buying an additional 7,836 shares during the period. Principal Financial Group Inc. grew its position in shares of Century Aluminum by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 382,560 shares of the industrial products company’s stock worth $6,328,000 after buying an additional 10,091 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in shares of Century Aluminum by 497.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,550 shares of the industrial products company’s stock worth $207,000 after buying an additional 10,450 shares during the period. Institutional investors own 56.12% 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.

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