Century Aluminum(CENX)

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Century (CENX) Up 13.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-04 17:37
A month has gone by since the last earnings report for Century Aluminum (CENX) . Shares have added about 13.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Century due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Century Aluminum's Q3 Earnings Surpass Estimates, ...
What Makes Century Aluminum (CENX) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-12-03 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Is Century Aluminum (CENX) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2024-11-28 15:45
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Century Aluminum (CENX) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Century Aluminum is a member of our Industrial Products group, which includes 212 different companies and currently sits at #12 in the Zacks Sector Rank. T ...
4 Metal Fabrication Stocks to Watch Amid Improving Industry Trends
ZACKS· 2024-11-22 14:50
The Zacks Metal Products - Procurement and Fabrication industry is poised to gain from diverse end-market demand. As inflation continues to ease, order volumes are anticipated to rise. Signs of improving supply-chain conditions add to the positive outlook.Players like Norsk Hydro ASA (NHYDY) , ESAB Corporation (ESAB) , Century Aluminum (CENX) and Northwest Pipe Company (NWPX) have witnessed order growth and delivered improved performances. Solid end-market demand, efforts to gain market share and investment ...
Here's Why Century Aluminum (CENX) is a Great Momentum Stock to Buy
ZACKS· 2024-11-12 18:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Is Century Aluminum (CENX) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2024-11-12 15:45
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Century Aluminum (CENX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Century Aluminum is a member of the Industrial Pr ...
Surging Earnings Estimates Signal Upside for Century (CENX) Stock
ZACKS· 2024-11-11 18:20
Century Aluminum (CENX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this aluminum producer reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trend ...
Century (CENX) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-11-11 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Century Aluminum's Q3 Earnings Surpass Estimates, Revenues Miss
ZACKS· 2024-11-06 13:10
Century Aluminum Company (CENX) logged earnings of 46 cents per share for the third quarter of 2024, beating the Zacks Consensus Estimate of 32 cents. The figure compares favorably with the prior-year quarter’s loss of 45 cents and a loss of 3 cents in the previous quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The sequential increase in earnings in the third quarter was due to the recognition of full-year 2023 and year-to-date 2024 Inflation Reduction Act Advanced Manufactur ...
Century Aluminum(CENX) - 2024 Q3 - Earnings Call Transcript
2024-11-05 02:01
Century Aluminum Company (NASDAQ:CENX) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Ryan Crawford - Financial Planning & Analysis & Investor Relations Manager Jesse Gary - President & Chief Executive Officer Jerry Bialek - Executive Vice President & Chief Financial Officer Peter Trpkovski - Senior Vice President of Finance & Treasurer Conference Call Participants Lucas Pipes - B. Riley Securities Katja Jancic - BMO Capital Markets John Tumazos - Very Independent Research ...