Century Aluminum Reaches New 1-Year High at $14.86 (CENX)
Century Aluminum (NASDAQ:CENX)’s share price hit a new 52-week high during trading on Friday , AR Network reports. The stock traded as high as $14.86 and last traded at $14.85, with a volume of 241,332 shares trading hands. The stock had previously closed at $14.60.
A number of analysts have recently weighed in on CENX shares. Analysts at Bank of America upgraded shares of Century Aluminum from an “underperform” rating to a “neutral” rating in a research note on Monday. They now have a $14.00 price target on the stock, up previously from $9.00. Separately, analysts at Furey Research Partners initiated coverage on shares of Century Aluminum in a research note on Wednesday, May 7th. They set a “buy” rating and a $18.50 price target on the stock. Finally, analysts at CRT Capital initiated coverage on shares of Century Aluminum in a research note on Wednesday, May 7th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $12.00.
The stock has a 50-day moving average of $13.90 and a 200-day moving average of $11.80. The company’s market cap is $1.325 billion.
Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Thursday, April 24th. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.18. The company had revenue of $420.80 million for the quarter, compared to the consensus estimate of $437.44 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 31.0% on a year-over-year basis. On average, analysts predict that Century Aluminum will post $0.70 earnings per share for the current fiscal year.
Century Aluminum Company (NASDAQ:CENX) is engaged in producing aluminum.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.