Equities Analysts Offer Predictions for Century Aluminum’s FY2025 Earnings (NASDAQ:CENX)

Century Aluminum (NASDAQ:CENX – Get Rating) – Stock analysts at B. Riley issued their FY2025 earnings per share estimates for Century Aluminum in a report issued on Wednesday, March 1st. B. Riley analyst L. Pipes expects that the industrial products company will earn $0.62 per share for the year. B. Riley has a “Neutral” rating and a $12.00 price objective on the stock. The consensus estimate for Century Aluminum’s current full-year earnings is $1.52 per share.

A number of other equities analysts have also commented on CENX. Wolfe Research raised Century Aluminum from an “underperform” rating to a “peer perform” rating in a report on Friday, February 24th. TheStreet lowered Century Aluminum from a “c” rating to a “d+” rating in a report on Thursday, February 23rd. Finally, StockNews.com lowered Century Aluminum from a “hold” rating to a “sell” rating in a report on Thursday, November 10th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. Based on data from MarketBeat, Century Aluminum currently has a consensus rating of “Hold” and a consensus price target of $8.33.

Century Aluminum Price Performance

Shares of NASDAQ CENX opened at $12.52 on Thursday. The stock has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $8.47. Century Aluminum has a 1-year low of $5.27 and a 1-year high of $30.36. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of -46.37 and a beta of 2.72. The company has a current ratio of 1.65, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96.

Institutional Investors Weigh In On Century Aluminum

Institutional investors and hedge funds have recently made changes to their positions in the business. Mutual of America Capital Management LLC raised its position in shares of Century Aluminum by 18.6% in the third quarter. Mutual of America Capital Management LLC now owns 10,178 shares of the industrial products company’s stock worth $54,000 after buying an additional 1,597 shares in the last quarter. Royce & Associates LP raised its position in Century Aluminum by 2.3% during the third quarter. Royce & Associates LP now owns 465,438 shares of the industrial products company’s stock valued at $2,458,000 after purchasing an additional 10,600 shares in the last quarter. Hunter Associates Investment Management LLC purchased a new stake in Century Aluminum during the second quarter valued at about $258,000. Louisiana State Employees Retirement System purchased a new stake in Century Aluminum during the third quarter valued at about $129,000. Finally, Merit Financial Group LLC purchased a new stake in Century Aluminum during the second quarter valued at about $122,000. Hedge funds and other institutional investors own 55.18% of the company’s stock.

About Century Aluminum

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Century Aluminum Co is a producer of aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its products include standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow. The company was founded in 1995 and is headquartered in Chicago, IL.