Century Aluminum (NASDAQ:CENX) Given New $28.00 Price Target at B. Riley

by · The Markets Daily

Century Aluminum (NASDAQ:CENX – Free Report) had its target price boosted by B. Riley from $25.00 to $28.00 in a research report released on Tuesday morning, MarketBeat reports. B. Riley currently has a buy rating on the industrial products company’s stock. B. Riley also issued estimates for Century Aluminum’s Q3 2025 earnings at $0.88 EPS, Q4 2025 earnings at $1.19 EPS and FY2025 earnings at $2.30 EPS.

CENX has been the subject of a number of other reports. BMO Capital Markets reissued an “outperform” rating on shares of Century Aluminum in a report on Friday, August 8th. Zacks Research raised shares of Century Aluminum from a “hold” rating to a “strong-buy” rating in a report on Monday, August 18th. Finally, Wall Street Zen lowered shares of Century Aluminum from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, Century Aluminum has a consensus rating of “Buy” and a consensus target price of $25.67.

Get Our Latest Report on Century Aluminum

Century Aluminum Trading Up 9.6%

CENX stock opened at $24.52 on Tuesday. The firm has a fifty day moving average price of $21.69 and a 200 day moving average price of $18.94. Century Aluminum has a fifty-two week low of $12.90 and a fifty-two week high of $25.39. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 1.75. The firm has a market cap of $2.29 billion, a PE ratio of 21.14 and a beta of 2.55.

Century Aluminum (NASDAQ:CENX – Get Free Report) last posted its earnings results on Thursday, August 7th. The industrial products company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.39). Century Aluminum had a net margin of 4.94% and a return on equity of 18.02%. The business had revenue of $628.10 million during the quarter, compared to analysts’ expectations of $606.10 million. Sell-side analysts anticipate that Century Aluminum will post 2.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Century Aluminum news, SVP Matt Aboud sold 12,027 shares of Century Aluminum stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $23.27, for a total transaction of $279,868.29. Following the completion of the transaction, the senior vice president directly owned 62,589 shares of the company’s stock, valued at $1,456,446.03. The trade was a 16.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.76% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CENX. Boston Partners boosted its stake in Century Aluminum by 340.1% during the second quarter. Boston Partners now owns 1,733,668 shares of the industrial products company’s stock worth $31,248,000 after buying an additional 1,339,744 shares during the period. Sourcerock Group LLC boosted its stake in Century Aluminum by 612.0% during the second quarter. Sourcerock Group LLC now owns 1,424,088 shares of the industrial products company’s stock worth $25,662,000 after buying an additional 1,224,088 shares during the period. Woodline Partners LP purchased a new position in Century Aluminum during the first quarter worth $19,317,000. Nuveen LLC purchased a new stake in shares of Century Aluminum during the first quarter valued at $14,726,000. Finally, Encompass Capital Advisors LLC purchased a new stake in shares of Century Aluminum during the first quarter valued at $13,920,000. 61.59% of the stock is owned by hedge funds and other institutional investors.

Century Aluminum Company Profile

(Get Free Report)

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.

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