Streetbeat News

CENX

Century Aluminum Company

https://centuryaluminum.com

Industry

Aluminum

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. The company was incorporated in 1981 and is headquartered in Chicago, Illinois.

Open

21.64

Mkt cap

2.1B

Volume

1.1M

High

22.29

P/E Ratio

7.02

52-wk high

22.77

Low

21.30

Div yield

N/A

52-wk low

6.55

The metals and mining sector is experiencing a decline in share prices due to weak market conditions. This is influenced by August's ISM Manufacturing PMI data indicating economic contraction and anticipation of non-farm payrolls data, which could impact future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 7:23 pm

Century Aluminum shares are trading higher after the company reported better-than-expected Q2 financial results last week.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:53 pm

U.S. stocks were mostly lower on Monday, with the Dow Jones index falling around 150 points. However, several stocks saw significant gains. KE Holdings (NYSE:BEKE) rose 6.9% after reporting better-than-expected Q2 results and increasing its repurchase authorization. Revance Therapeutics (NASDAQ:RVNC) surged 85.4% following a merger agreement with Crown Laboratories. KeyCorp (NYSE:KEY) shares jumped 13% after Scotiabank acquired a 14.9% stake. Other notable gainers included Montauk Renewables (NASDAQ:MNTK), New Fortress Energy (NASDAQ:NFE), and Starbucks (NASDAQ:SBUX).

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 2:09 pm

B. Riley Securities has maintained a Buy rating on Century Aluminum (NASDAQ:CENX) but lowered the price target from $24 to $22.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:35 pm

BMO Capital analyst Katja Jancic maintains a Market Perform rating on Century Aluminum (NASDAQ:CENX) but lowers the price target from $17 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 4:01 pm

Century Aluminum (CENX) has projected its Q3 adjusted EBITDA to be in the range of $65 million to $75 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:16 pm

Century Aluminum (NASDAQ:CENX) reported Q2 2024 adjusted EPS of $0.01 and sales of $560.8 million, beating the analyst estimate of $495.967 million. However, sales decreased by 2.55% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:15 pm

Shares of companies in the broader metals sector are trading lower amid an overall market selloff on weak US jobs data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:55 pm

Shares of metals stocks are trading higher following the attempted assassination of Donald Trump, which has lifted stocks that could potentially benefit from a Trump presidency. During his presidency, Trump raised tariffs on steel and aluminum.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 3:27 pm

Tesla reported Q2 deliveries, leading to an 8.6% rise in its stock price. Other stocks like Wheels Up Experience, Lufax Holding, Nikola Corporation, and Archer Aviation also saw significant gains. The Nasdaq Composite gained around 100 points.

Portfolio Pulse from Avi Kapoor

July 02, 2024 | 6:18 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.