Q1 EPS Estimates for Century Aluminum Lowered by B. Riley

Century Aluminum (NASDAQ:CENX) – Research analysts at B. Riley reduced their Q1 2025 earnings per share estimates for Century Aluminum in a report released on Tuesday, April 29th. B. Riley analyst N. Giles now anticipates that the industrial products company will post earnings of $0.53 per share for the quarter, down from their prior forecast of $0.77. The consensus estimate for Century Aluminum’s current full-year earnings is $2.76 per share. B. Riley also issued estimates for Century Aluminum’s Q2 2025 earnings at $0.97 EPS, FY2025 earnings at $3.36 EPS, FY2026 earnings at $3.31 EPS and FY2027 earnings at $3.48 EPS.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.05. Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%. The firm had revenue of $631.00 million for the quarter, compared to analyst estimates of $515.27 million. During the same period in the previous year, the firm earned $0.39 EPS.

A number of other brokerages have also recently weighed in on CENX. StockNews.com cut Century Aluminum from a “hold” rating to a “sell” rating in a research note on Monday, March 24th. BMO Capital Markets raised Century Aluminum from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a research report on Monday, February 24th.

Century Aluminum Stock Up 2.9 %

Century Aluminum stock opened at $17.29 on Friday. The company has a market capitalization of $1.60 billion, a PE ratio of 5.47 and a beta of 2.56. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.56 and a current ratio of 1.71. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The firm has a 50 day moving average price of $17.49 and a 200 day moving average price of $19.11.

Institutional Investors Weigh In On Century Aluminum

Hedge funds have recently bought and sold shares of the stock. Barclays PLC raised its holdings in Century Aluminum by 266.5% in the third quarter. Barclays PLC now owns 97,396 shares of the industrial products company’s stock valued at $1,581,000 after acquiring an additional 70,825 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Century Aluminum by 7.9% during the third quarter. Franklin Resources Inc. now owns 30,115 shares of the industrial products company’s stock worth $524,000 after purchasing an additional 2,198 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Century Aluminum by 17.0% in the third quarter. Principal Financial Group Inc. now owns 301,992 shares of the industrial products company’s stock valued at $4,901,000 after buying an additional 43,881 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Century Aluminum by 49.9% in the third quarter. JPMorgan Chase & Co. now owns 959,033 shares of the industrial products company’s stock valued at $15,565,000 after buying an additional 319,164 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in Century Aluminum during the 4th quarter worth about $54,000. Institutional investors and hedge funds own 61.59% of the company’s stock.

Insider Transactions at Century Aluminum

In related news, CAO Robert F. Hoffman sold 2,500 shares of the business’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $19.99, for a total transaction of $49,975.00. Following the completion of the transaction, the chief accounting officer now directly owns 64,083 shares of the company’s stock, valued at $1,281,019.17. The trade was a 3.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

About Century Aluminum

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.