Were Analysts Bullish Century Aluminum Company (NASDAQ:CENX) This Week?

Lloyd Doyle
January 19, 2018

Century Alum Co (Call) now has $1.91 billion valuation. The stock increased 3.12% or $0.66 during the last trading session, reaching $21.81.

Century Aluminum Company, together with its subsidiaries, produces primary aluminum in the United States and Iceland. It has outperformed by 90.46% the S&P500. 259.60 million shares or 1.44% more from 255.91 million shares in 2017Q2 were reported. Atlantic Trust Group Llc who had been investing in Genesis Energy LP Unit Ltd Partners for a number of months, seems to be less bullish one the $3.01B market cap company.

Shares of Century Aluminum (NASDAQ CENX) traded up $0.66 during trading on Tuesday, reaching $21.81. At a certain point in the past four quarters, the shares traded as low as $48.92 but made a 39.04% recovery since then. Seagate Technology plc (NASDAQ:STX) has risen 107.16% since January 18, 2017 and is uptrending. It also reduced its holding in Lowe's Companies Inc.

Investors sentiment decreased to 0.99 in Q3 2017. The firm has a market capitalization of $1,810.00, a price-to-earnings ratio of -12.18 and a beta of 0.42. Sold All: 20 Reduced: 50 Increased: 39 New Position: 30. Century Aluminum reported sales of $339.84 million during the same quarter last year, which would suggest a positive year over year growth rate of 26.5%. BidaskClub upgraded shares of Century Aluminum from a "sell" rating to a "hold" rating in a report on Thursday, December 14th. Corecommodity Management Lc holds 22,270 shares or 0.35% of its portfolio. Its book value per share for the most recent quarter is $8.85 while its price to book ratio for the same period is 2.46, as for as the company's cash per share for the most recent quarter is $1.94, however its price to cash per share ratio for the same period is 11.26. Hgk Asset Mngmt accumulated 14,195 shares. Tudor Et Al has invested 0.01% in Century Aluminum Company (NASDAQ:CENX). Tci Wealth Advsrs has 114 shares.

Horseman Capital Management Ltd holds 2.93% of its portfolio in Century Aluminum Company for 793,989 shares. Geode Management Limited Liability Corp invested in 745,205 shares. 6,162 were reported by Nuveen Asset Mgmt. Sector Pension Investment Board invested in 46,784 shares or 0% of the stock. According to the latest data, the consensus recommendation for Century Aluminum Company (CENX) is Hold. Tiaa Cref Invest Ltd Llc invested in 129,972 shares. Ls Investment Advsrs Ltd owns 1,728 shares or 0% of their USA portfolio.

Cubist Systematic Strategies Ltd Com reported 0.04% of its portfolio in Century Aluminum Company (NASDAQ:CENX). Seagate Technology Plc had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Overweight" rating by JP Morgan on Monday, August 21. The rating was downgraded by Deutsche Bank to "Hold" on Wednesday, December 20. The rating was maintained by Sterne Agee CRT on Friday, August 14 with "Buy". The firm has "Market Perform" rating given on Friday, April 29 by Cowen & Co. The rating was downgraded by Deutsche Bank on Wednesday, March 1 to "Sell". The firm earned "Underweight" rating on Tuesday, August 18 by Morgan Stanley. The stock's average target of $11.80 is -45.90% below today's ($21.81) share price. As per Friday, October 28, the company rating was upgraded by JP Morgan. The company was maintained on Friday, February 19 by Cowen & Co. Quantbot Tech Lp has invested 0.07% in Century Aluminum Company (NASDAQ:CENX). The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.08). GEL's profit will be $44.14M for 17.06 P/E if the $0.36 EPS becomes a reality.

According to 5 stock analysts, Century Aluminum Company, is being kept at an average Hold, rating, with at least 17.34% of shares outstanding that are now legally short sold.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.56, from 1.55 in 2017Q2.

Several hedge funds and other institutional investors have recently bought and sold shares of CENX. 27 funds opened positions while 40 raised stakes. Invesco Limited stated it has 374,651 shares. Guggenheim Ltd Llc has invested 0% in Genesis Energy, L.P. (NYSE:GEL). Bnp Paribas Arbitrage Sa accumulated 7,171 shares. First Eagle Management Ltd Liability Corporation accumulated 293,500 shares. Wellington Group Llp invested in 164,872 shares or 0% of the stock. Texas Cap Bank Incorporated Tx holds 17.64% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 300,000 shares. (NASDAQ:CROX). Comerica Bancorp reported 0.01% stake. Century Aluminum had a negative net margin of 10.45% and a negative return on equity of 0.17%.

The shares of the company (CENX) staged the smart recovery as has roared back some 93.66% after stumbling to its new 52-weeks low. The stock has "Buy" rating by Stifel Nicolaus on Thursday, October 1.

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