Shares of Century Aluminum Co (NASDAQ:CENX) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $14.00.

A number of research analysts have issued reports on CENX shares. Morgan Stanley started coverage on shares of Century Aluminum in a research report on Friday, December 21st. They set an “equal weight” rating and a $10.00 target price on the stock. ValuEngine upgraded shares of Century Aluminum from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. BidaskClub upgraded shares of Century Aluminum from a “strong sell” rating to a “sell” rating in a research report on Saturday, January 19th. Berenberg Bank upgraded shares of Century Aluminum from a “sell” rating to a “hold” rating and cut their target price for the company from $10.00 to $9.00 in a research report on Monday, January 14th. They noted that the move was a valuation call. Finally, B. Riley set a $15.00 target price on shares of Century Aluminum and gave the company a “buy” rating in a research report on Friday, February 22nd.

Century Aluminum stock traded down $0.67 during trading hours on Thursday, reaching $8.30. 1,547,928 shares of the company’s stock traded hands, compared to its average volume of 1,516,938. The company has a current ratio of 2.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.33. Century Aluminum has a fifty-two week low of $6.54 and a fifty-two week high of $20.19. The company has a market cap of $731.25 million, a PE ratio of -59.29 and a beta of 1.57.

Century Aluminum (NASDAQ:CENX) last released its earnings results on Thursday, February 21st. The industrial products company reported ($0.43) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.10. Century Aluminum had a negative net margin of 3.58% and a negative return on equity of 1.34%. The company had revenue of $481.80 million for the quarter, compared to the consensus estimate of $489.02 million. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue was down 1.0% compared to the same quarter last year. Research analysts forecast that Century Aluminum will post -0.47 EPS for the current year.

Large investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board raised its position in shares of Century Aluminum by 0.6% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,862,802 shares of the industrial products company’s stock valued at $46,238,000 after acquiring an additional 23,300 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Century Aluminum by 1,531.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 9,106 shares of the industrial products company’s stock valued at $109,000 after acquiring an additional 8,548 shares during the period. Vanguard Group Inc raised its position in shares of Century Aluminum by 2.0% in the 3rd quarter. Vanguard Group Inc now owns 5,030,941 shares of the industrial products company’s stock valued at $60,221,000 after acquiring an additional 97,105 shares during the period. Rhumbline Advisers raised its position in shares of Century Aluminum by 19.6% in the 4th quarter. Rhumbline Advisers now owns 147,655 shares of the industrial products company’s stock valued at $1,079,000 after acquiring an additional 24,186 shares during the period. Finally, Virginia Retirement Systems ET AL acquired a new stake in shares of Century Aluminum in the 3rd quarter valued at approximately $444,000. Institutional investors and hedge funds own 55.84% of the company’s stock.

About Century Aluminum

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary and secondary aluminum in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.

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Analyst Recommendations for Century Aluminum (NASDAQ:CENX)

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