Century Aluminum (NASDAQ:CENX) released its earnings results on Thursday. The industrial products company reported ($0.17) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.28) by $0.11, Bloomberg Earnings reports. The firm had revenue of $473.10 million during the quarter, compared to analysts’ expectations of $475.87 million. Century Aluminum had a negative net margin of 5.29% and a negative return on equity of 9.33%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 EPS.
Shares of CENX stock traded down $0.01 during mid-day trading on Friday, reaching $7.02. The company’s stock had a trading volume of 1,415,283 shares, compared to its average volume of 1,203,603. Century Aluminum has a 1-year low of $5.37 and a 1-year high of $13.47. The company has a market capitalization of $623.45 million, a P/E ratio of -50.14 and a beta of 1.94. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 2.11. The firm’s 50-day moving average is $6.94.
Several equities analysts recently commented on CENX shares. TheStreet cut shares of Century Aluminum from a “c-” rating to a “d+” rating in a research note on Wednesday, May 22nd. Zacks Investment Research cut shares of Century Aluminum from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Finally, BidaskClub cut shares of Century Aluminum from a “buy” rating to a “hold” rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $12.14.
About Century Aluminum
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.
Further Reading: What is a Fiduciary?
Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.