Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Century Aluminum (NASDAQ:CENX) Stock Price

Media stories about Century Aluminum (NASDAQ:CENX) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public 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 0.10 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 44.9300936370585 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern’s analysis:

Shares of Century Aluminum (NASDAQ CENX) opened at $20.61 on Thursday. The company has a current ratio of 2.61, a quick ratio of 1.27 and a debt-to-equity ratio of 0.32. The stock has a market cap of $1,800.00, a P/E ratio of -11.51 and a beta of 0.42. Century Aluminum has a 1 year low of $8.73 and a 1 year high of $21.78.

Century Aluminum (NASDAQ:CENX) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.08). Century Aluminum had a negative return on equity of 0.17% and a negative net margin of 10.45%. 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 prior year, the business posted ($0.31) earnings per share. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. sell-side analysts anticipate that Century Aluminum will post 0.35 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the company. BidaskClub cut Century Aluminum from a “buy” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research upgraded Century Aluminum from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 2nd. BMO Capital Markets set a $16.00 price target on Century Aluminum and gave the company a “hold” rating in a report on Friday, October 27th. Deutsche Bank downgraded Century Aluminum from a “buy” rating to a “hold” rating and lowered their price target for the company from $20.00 to $14.00 in a report on Wednesday, December 20th. Finally, Cowen set a $17.00 price target on Century Aluminum and gave the company a “hold” rating in a report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $15.90.

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About Century Aluminum

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.

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