Century Aluminum to release quarterly earnings on Thursday

Century Aluminum last announced its earnings results on Thursday, February 20th. The company reported ($0.11) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.22) by $0.11. The company had revenue of $401.20 million for the quarter, compared to the consensus estimate of $400.29 million. On average, analysts expect Century Aluminum to post $0.35 EPS for the current fiscal year and $0.94 EPS for the next fiscal year.
Shares of Century Aluminum opened at 14.00 on Wednesday. Century Aluminum has a 52 week low of $6.40 and a 52 week high of $14.24. The stock has a 50-day moving average of $12.89 and a 200-day moving average of $10.63. The company’s market cap is $1.242 billion.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. upgraded shares of Century Aluminum from an “equal weight” rating to a “positive” rating in a research note on Thursday, March 6th. On a related note, analysts at Barclays raised their price target on shares of Century Aluminum from $11.00 to $13.00 in a research note on Friday, February 21st. They now have an “overweight” rating on the stock. Finally, analysts at Cowen and Company downgraded shares of Century Aluminum from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 5th. They now have a $9.00 price target on the stock, down previously from $10.00. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $9.92.
Century Aluminum Company is engaged in producing aluminum.
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