Century Aluminum Sets New 1-Year High at $22.71 (CENX)
Century Aluminum (NASDAQ:CENX) shares reached a new 52-week high during trading on Thursday , Analyst RN reports. The company traded as high as $22.71 and last traded at $22.30, with a volume of 438,976 shares changing hands. The stock had previously closed at $22.53.
A number of analysts have recently weighed in on CENX shares. Analysts at Zacks upgraded shares of Century Aluminum from a “neutral” rating to an “outperform” rating in a research note on Monday, August 4th. They now have a $20.90 price target on the stock. Separately, analysts at CRT Capital raised their price target on shares of Century Aluminum from $18.50 to $23.00 in a research note on Monday, August 4th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Century Aluminum in a research note on Thursday, July 31st. They now have a $24.00 price target on the stock, up previously from $15.00. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $17.43.
The stock’s 50-day moving average is $19.05 and its 200-day moving average is $14.78. The company’s market cap is $1.973 billion.
Century Aluminum (NASDAQ:CENX) last released its earnings data on Wednesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The company had revenue of $458.30 million for the quarter, compared to the consensus estimate of $438.71 million. During the same quarter in the previous year, the company posted ($0.39) earnings per share. The company’s revenue for the quarter was up 38.1% on a year-over-year basis. On average, analysts predict that Century Aluminum will post $0.97 earnings per share for the current fiscal year.
Century Aluminum Company (NASDAQ:CENX) is engaged in producing aluminum.
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