After finishing at $11.73 in the prior trading day, Century Aluminum Co. (NASDAQ: CENX) closed at $12.67, up 8.01%. In other words, the price has increased by $+0.94 from its previous closing price. On the day, 1505497 shares were traded.
Ratios:
Our goal is to gain a better understanding of CENX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on January 09, 2024, Upgraded its rating to Buy and sets its target price to $14 from $10 previously.
Wolfe Research Downgraded its Peer Perform to Underperform on July 11, 2023, while the target price for the stock was maintained at $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when Aboud Matt sold 3,766 shares for $10.61 per share. The transaction valued at 39,957 led to the insider holds 59,248 shares of the business.
Trpkovski Peter A sold 13,908 shares of CENX for $171,347 on Dec 28 ’23. The SVP, Finance and Treasurer now owns 41,998 shares after completing the transaction at $12.32 per share. On Dec 27 ’23, another insider, Gary Jesse E, who serves as the President and CEO of the company, sold 68,162 shares for $12.60 each. As a result, the insider received 858,841 and left with 76,443 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CENX now has a Market Capitalization of 1.17B and an Enterprise Value of 1.56B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 3.30. Its current Enterprise Value per Revenue stands at 0.72 whereas that against EBITDA is 36.06.
Stock Price History:
Over the past 52 weeks, CENX has reached a high of $13.17, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 10.92, while the 200-Day Moving Average is calculated to be 8.87.
Shares Statistics:
The stock has traded on average 1.45M shares per day over the past 3-months and 1.32M shares per day over the last 10 days, according to various share statistics. A total of 92.69M shares are outstanding, with a floating share count of 51.11M. Insiders hold about 44.69% of the company’s shares, while institutions hold 64.97% stake in the company. Shares short for CENX as of Feb 29, 2024 were 6.87M with a Short Ratio of 4.72, compared to 8.25M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.41% and a Short% of Float of 16.01%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.84.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.19, while EPS last year was -$0.11. The consensus estimate for the next quarter is $0.03, with high estimates of $0.11 and low estimates of -$0.05.
Analysts are recommending an EPS of between $0.2 and -$0.16 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $1, with 2 analysts recommending between $1.32 and $0.68.
Revenue Estimates
2 analysts predict $493.65M in revenue for the current quarter. It ranges from a high estimate of $520.3M to a low estimate of $467M. As of the current estimate, Century Aluminum Co.’s year-ago sales were $552.4M, an estimated decrease of -10.60% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $531M, a decrease of -7.70% over than the figure of -$10.60% in the same quarter last year. There is a high estimate of $531M for the next quarter, whereas the lowest estimate is $531M.
A total of 2 analysts have provided revenue estimates for CENX’s current fiscal year. The highest revenue estimate was $2.11B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $2B. In the same quarter a year ago, actual revenue was $2.19B, down -8.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.27B in the next fiscal year. The high estimate is $2.53B and the low estimate is $2.01B. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
