Century Aluminum (CENX) Earning Somewhat Favorable Press Coverage, Study Shows

Press coverage about Century Aluminum (NASDAQ:CENX) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Century Aluminum earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 44.6465069853635 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

Century Aluminum (NASDAQ:CENX) traded up 0.66% on Thursday, reaching $15.22. The company’s stock had a trading volume of 3,723,775 shares. The company’s market capitalization is $1.33 billion. The stock has a 50 day moving average price of $17.40 and a 200-day moving average price of $15.77. Century Aluminum has a 1-year low of $6.51 and a 1-year high of $20.68.

Century Aluminum (NASDAQ:CENX) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.09). Century Aluminum had a negative return on equity of 5.61% and a negative net margin of 16.48%. The business had revenue of $388.80 million for the quarter, compared to the consensus estimate of $392.28 million. During the same period in the previous year, the firm earned ($0.31) earnings per share. The company’s revenue was up 16.5% compared to the same quarter last year. Equities analysts predict that Century Aluminum will post $0.56 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on CENX. Zacks Investment Research raised Century Aluminum from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Tuesday, July 11th. BMO Capital Markets reissued a “hold” rating and set a $14.00 price target on shares of Century Aluminum in a research report on Sunday, July 2nd. BidaskClub downgraded Century Aluminum from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Cowen and Company set a $17.00 price target on Century Aluminum and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Finally, J P Morgan Chase & Co raised Century Aluminum from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $15.00 to $22.00 in a research report on Monday, August 21st. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Century Aluminum currently has a consensus rating of “Hold” and a consensus target price of $18.40.

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Century Aluminum Company Profile

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products.

Insider Buying and Selling by Quarter for Century Aluminum (NASDAQ:CENX)

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