Century Aluminum Co (NASDAQ:CENX): Positive Stock Sentiment

July 18, 2017 - By Marie Mckinney

 Century Aluminum Co (NASDAQ:CENX): Positive Stock Sentiment

Sentiment for Century Aluminum Co (NASDAQ:CENX)

Century Aluminum Co (NASDAQ:CENX) institutional sentiment decreased to 1.25 in 2016 Q4. Its down -0.03, from 1.28 in 2016Q3. The ratio turned negative, as 70 funds opened new or increased positions, while 56 sold and decreased their stakes in Century Aluminum Co. The funds in our partner’s database now own: 55.61 million shares, up from 50.78 million shares in 2016Q3. Also, the number of funds holding Century Aluminum Co in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 19 Reduced: 37 Increased: 43 New Position: 27.

Century Aluminum Company 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 has market cap of $1.57 billion. The Firm operates through primary aluminum segment. It currently has negative earnings. The Company’s primary aluminum facilities produce standard grade primary aluminum products.

The stock increased 4.82% or $0.81 during the last trading session, reaching $17.6. About shares traded. Century Aluminum Co (NASDAQ:CENX) has risen 116.20% since July 18, 2016 and is uptrending. It has outperformed by 99.50% the S&P500.

Analysts await Century Aluminum Co (NASDAQ:CENX) to report earnings on July, 27. They expect $0.25 EPS, up 600.00 % or $0.30 from last year’s $-0.05 per share. CENX’s profit will be $22.30M for 17.60 P/E if the $0.25 EPS becomes a reality. After $-0.05 actual EPS reported by Century Aluminum Co for the previous quarter, Wall Street now forecasts -600.00 % EPS growth.

Ing Groep Nv holds 0.51% of its portfolio in Century Aluminum Co for 3.02 million shares. Jabre Capital Partners S.A. owns 425,000 shares or 0.42% of their US portfolio. Moreover, Impala Asset Management Llc has 0.32% invested in the company for 704,000 shares. The New York-based Hound Partners Llc has invested 0.2% in the stock. Gargoyle Investment Advisor L.L.C., a New Jersey-based fund reported 42,153 shares.#img1#

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $508,417 activity.

Century Aluminum Co (NASDAQ:CENX) Ratings Coverage

Ratings analysis reveals 0 of Century Aluminum Company’s analysts are positive. Out of 6 Wall Street analysts rating Century Aluminum Company, 0 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $5 while the high is $1400. The stock’s average target of $9 is -48.86% below today’s ($17.6) share price. CENX was included in 18 notes of analysts from July 21, 2015. The stock of Century Aluminum Co (NASDAQ:CENX) has “Hold” rating given on Friday, May 26 by BMO Capital Markets. BMO Capital Markets downgraded Century Aluminum Co (NASDAQ:CENX) on Tuesday, February 23 to “Market Perform” rating. The stock of Century Aluminum Co (NASDAQ:CENX) earned “Market Perform” rating by Cowen & Co on Friday, August 7. On Wednesday, March 1 the stock rating was downgraded by Deutsche Bank to “Sell”. The stock of Century Aluminum Co (NASDAQ:CENX) earned “Market Perform” rating by Cowen & Co on Friday, August 7. Morgan Stanley maintained the shares of CENX in report on Tuesday, August 18 with “Underweight” rating. On Friday, April 29 the stock rating was maintained by Cowen & Co with “Market Perform”. Deutsche Bank maintained it with “Hold” rating and $7.50 target in Monday, May 2 report. The stock of Century Aluminum Co (NASDAQ:CENX) has “Hold” rating given on Friday, June 23 by Deutsche Bank. Cowen & Co maintained it with “Market Perform” rating and $6 target in Friday, February 19 report.

More important recent Century Aluminum Co (NASDAQ:CENX) news were published by: Fool.com which released: “Why Century Aluminum Company Shares Tanked More Than 17% in March” on April 04, 2017, also Prnewswire.com published article titled: “How These Basic Materials Stocks are Performing? — Century Aluminum, Alcoa …”, Reuters.com published: “BRIEF-Century Aluminum says CFO Rick Dillon to depart” on November 18, 2016. More interesting news about Century Aluminum Co (NASDAQ:CENX) was released by: Fool.com and their article: “Why Century Aluminum Co’s Shares Popped 16% Today” with publication date: January 12, 2017.

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