Equities analysts expect Century Aluminum Co (NASDAQ:CENX) to post earnings per share (EPS) of ($0.29) for the current quarter, Zacks reports. Two analysts have made estimates for Century Aluminum’s earnings. The lowest EPS estimate is ($0.29) and the highest is ($0.28). Century Aluminum posted earnings per share of $0.32 in the same quarter last year, which would indicate a negative year over year growth rate of 190.6%. The firm is scheduled to announce its next earnings report after the market closes on Thursday, August 1st.

On average, analysts expect that Century Aluminum will report full-year earnings of ($1.41) per share for the current year. For the next fiscal year, analysts forecast that the company will report earnings of $0.16 per share, with EPS estimates ranging from ($0.25) to $0.57. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Century Aluminum.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported ($0.70) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.71) by $0.01. Century Aluminum had a negative return on equity of 9.33% and a negative net margin of 5.29%. The firm had revenue of $490.00 million during the quarter, compared to the consensus estimate of $482.58 million. During the same quarter in the previous year, the company posted ($0.04) EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year.

A number of research firms have recently weighed in on CENX. ValuEngine upgraded XPO Logistics from a “strong sell” rating to a “sell” rating in a research report on Thursday, April 4th. Zacks Investment Research downgraded German American Bancorp. from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. BidaskClub upgraded WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Thursday. TheStreet downgraded Wayside Technology Group from a “b-” rating to a “c” rating in a research report on Wednesday, May 22nd. Finally, Morgan Stanley set a $196.00 target price on Alibaba Group and gave the stock a “buy” rating in a research report on Tuesday, March 26th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $12.14.

Shares of CENX stock traded up $0.23 on Monday, reaching $7.39. 1,326,384 shares of the stock were exchanged, compared to its average volume of 1,337,853. The company has a market capitalization of $635.87 million, a PE ratio of -52.79 and a beta of 1.86. Century Aluminum has a one year low of $5.37 and a one year high of $13.80. The company has a current ratio of 2.11, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average price is $6.48.

In other news, Director Andrew G. Michelmore bought 5,000 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was bought at an average price of $5.78 per share, for a total transaction of $28,900.00. Following the completion of the transaction, the director now directly owns 40,598 shares in the company, valued at approximately $234,656.44. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.03% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in CENX. SG Americas Securities LLC increased its holdings in Century Aluminum by 26.0% in the first quarter. SG Americas Securities LLC now owns 80,464 shares of the industrial products company’s stock valued at $715,000 after purchasing an additional 16,580 shares during the last quarter. Legal & General Group Plc increased its holdings in Century Aluminum by 2.4% in the fourth quarter. Legal & General Group Plc now owns 115,304 shares of the industrial products company’s stock valued at $846,000 after purchasing an additional 2,701 shares during the last quarter. Oregon Public Employees Retirement Fund bought a new stake in Century Aluminum in the fourth quarter valued at about $136,000. BNP Paribas Arbitrage SA increased its holdings in Century Aluminum by 893.0% in the first quarter. BNP Paribas Arbitrage SA now owns 11,598 shares of the industrial products company’s stock valued at $103,000 after purchasing an additional 10,430 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Century Aluminum by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 562,761 shares of the industrial products company’s stock valued at $4,112,000 after purchasing an additional 17,070 shares during the last quarter. Institutional investors own 53.39% of the company’s stock.

About Century Aluminum

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

See Also: New Google Finance Tool and Screening Stocks

Get a free copy of the Zacks research report on Century Aluminum (CENX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Century Aluminum (NASDAQ:CENX)

Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.