Century Aluminum (CENX) to Release Quarterly Earnings on Monday

Century Aluminum (NASDAQ:CENX) is set to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Century Aluminum (NASDAQ:CENX) last released its earnings results on Thursday, August 8th. The industrial products company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Century Aluminum had a net margin of 10.32% and a negative return on equity of 0.04%. The firm had revenue of $560.80 million during the quarter, compared to the consensus estimate of $530.90 million. On average, analysts expect Century Aluminum to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Century Aluminum Trading Down 2.4 %

Shares of CENX stock opened at $17.22 on Friday. The business has a 50-day moving average price of $15.51 and a two-hundred day moving average price of $16.20. Century Aluminum has a 12-month low of $6.25 and a 12-month high of $21.37. The company has a quick ratio of 0.63, a current ratio of 1.72 and a debt-to-equity ratio of 0.77. The firm has a market cap of $1.60 billion, a P/E ratio of 8.28 and a beta of 2.48.

Analyst Ratings Changes

A number of research analysts have commented on the stock. BMO Capital Markets reduced their price target on shares of Century Aluminum from $17.00 to $15.00 and set a “market perform” rating on the stock in a research report on Friday, August 9th. B. Riley reduced their target price on shares of Century Aluminum from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, StockNews.com downgraded shares of Century Aluminum from a “hold” rating to a “sell” rating in a research note on Friday.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.