Century Aluminum (NASDAQ:CENX) Raised to Buy at Wall Street Zen

Century Aluminum (NASDAQ:CENX) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other research analysts have also recently commented on CENX. Wells Fargo & Company upped their price target on shares of Century Aluminum from $46.00 to $61.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Century Aluminum in a research note on Wednesday, January 21st. B. Riley Financial raised their price objective on Century Aluminum from $37.00 to $64.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Zacks Research upgraded Century Aluminum from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, BMO Capital Markets raised their price target on Century Aluminum from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $53.00.

Century Aluminum Stock Up 0.3%

Shares of NASDAQ:CENX opened at $52.64 on Friday. The firm has a market capitalization of $4.91 billion, a PE ratio of 131.60 and a beta of 2.24. The business has a 50 day simple moving average of $44.83 and a two-hundred day simple moving average of $33.41. Century Aluminum has a 1 year low of $13.05 and a 1 year high of $55.61. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.71 and a quick ratio of 0.79.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings results on Thursday, February 19th. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.25. Century Aluminum had a return on equity of 6.05% and a net margin of 1.65%.The firm had revenue of $633.70 million during the quarter, compared to analyst estimates of $661.63 million. During the same period last year, the company earned $0.49 EPS. Century Aluminum’s quarterly revenue was up .4% compared to the same quarter last year. On average, equities analysts predict that Century Aluminum will post 2.76 EPS for the current year.

Insider Buying and Selling at Century Aluminum

In other news, CEO Jesse E. Gary sold 150,000 shares of the company’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $48.19, for a total transaction of $7,228,500.00. Following the transaction, the chief executive officer directly owned 292,580 shares of the company’s stock, valued at approximately $14,099,430.20. This represents a 33.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On Century Aluminum

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp purchased a new position in Century Aluminum during the first quarter valued at approximately $25,000. Private Trust Co. NA acquired a new position in shares of Century Aluminum in the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its holdings in Century Aluminum by 253.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock worth $33,000 after buying an additional 1,306 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Century Aluminum during the third quarter valued at $34,000. Finally, Transamerica Financial Advisors LLC purchased a new position in Century Aluminum in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 61.59% of the company’s stock.

Century Aluminum News Roundup

Here are the key news stories impacting Century Aluminum this week:

• Positive Sentiment: Company statement backing the Supreme Court IEEPA ruling and U.S. trade policies; Century says Section 232 tariffs helped justify near‑term production increases (~10% at Mt. Holly) and supports plans to build a new smelter in Inola, OK (large capex and job creation — long‑term production upside). Century Aluminum Company Statement on U.S. Supreme Court IEEPA Ruling
• Positive Sentiment: Analyst support and institutional interest: recent buy/overweight ratings and price targets (median ~$61) plus large Q4 additions by some institutions support upside expectations. QuiverQuant institutional & analyst notes
• Positive Sentiment: Sector tailwinds and improving cash flow commentary from analysts — industrials momentum and calls to favor names with rising cash flows include CENX as resilient versus headline earnings. Zacks: rising cash flows
• Neutral Sentiment: Q4 result details are mixed across reports: revenue of ~$633.7M (up 0.4% YoY) but below some estimates; different outlets report varying EPS metrics (some adjusted measures met estimates while other GAAP figures were far weaker), making near‑term guidance clarity important. Yahoo: Q4 earnings snapshot
• Negative Sentiment: Market reaction to Q4: several outlets show a revenue miss and sharply weaker net income/GAAP EPS in the quarter, which pressured the stock after the release. QuiverQuant: Stock falls on Q4 earnings
• Negative Sentiment: Recent insider selling is notable (including large sales reported over the past six months), which can weigh on near‑term sentiment even as institutions adjust positions. QuiverQuant: press release & insider activity
• Neutral Sentiment: Data oddities: a short‑interest entry shows anomalous/zero values — treat as unreliable until confirmed. QuiverQuant: short interest note

About Century Aluminum

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.