Century Aluminum (CENX) Projected to Post Quarterly Earnings on Wednesday

Century Aluminum (NASDAQ:CENX) is anticipated to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $530.40 million for the quarter.

Century Aluminum Stock Up 5.6 %

CENX stock opened at $21.76 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 0.56 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average price is $19.57 and its 200 day moving average price is $17.73. Century Aluminum has a 52 week low of $9.65 and a 52 week high of $25.39. The company has a market cap of $2.02 billion, a P/E ratio of 7.28 and a beta of 2.50.

Insider Transactions at Century Aluminum

In related news, CEO Jesse E. Gary sold 29,243 shares of Century Aluminum stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $18.97, for a total transaction of $554,739.71. Following the completion of the sale, the chief executive officer now owns 50,753 shares in the company, valued at approximately $962,784.41. This trade represents a 36.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CENX shares. BMO Capital Markets boosted their price target on Century Aluminum from $16.00 to $18.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 5th. Wolfe Research upgraded Century Aluminum from a “peer perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research report on Tuesday, December 3rd. StockNews.com upgraded Century Aluminum from a “sell” rating to a “hold” rating in a research report on Saturday, November 9th. Finally, B. Riley boosted their price objective on shares of Century Aluminum from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th.

About Century Aluminum

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.