Media coverage about Century Aluminum (NASDAQ:CENX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. 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 coverage optimism score of 0.03 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 44.9034157480866 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
Shares of Century Aluminum (NASDAQ:CENX) opened at $21.42 on Friday. The firm has a market cap of $1,904.60, a PE ratio of -11.83 and a beta of 0.41. Century Aluminum has a 12 month low of $11.26 and a 12 month high of $22.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.27 and a current ratio of 2.61.
Century Aluminum (NASDAQ:CENX) last released its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.08). The business had revenue of $388.80 million for the quarter, compared to analyst estimates of $392.28 million. Century Aluminum had a negative return on equity of 0.17% and a negative net margin of 10.45%. Century Aluminum’s revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.31) EPS. analysts expect that Century Aluminum will post 0.33 EPS for the current year.
A number of brokerages have recently issued reports on CENX. BidaskClub lowered shares of Century Aluminum from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Zacks Investment Research lowered shares of Century Aluminum from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Deutsche Bank lowered shares of Century Aluminum from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $20.00 to $14.00 in a research note on Wednesday, December 20th. JPMorgan Chase & Co. lowered shares of Century Aluminum from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $22.00 to $14.50 in a research note on Monday, October 30th. Finally, Cowen set a $16.00 price objective on shares of Century Aluminum and gave the stock a “hold” rating in a research note on Sunday, October 29th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and an average price target of $15.90.
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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.
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