Century Aluminum (NASDAQ:CENX) Shares Down 6.9% – What’s Next?

Posted by Francis Steltz on Aug 14th, 2026

Century Aluminum Company (NASDAQ:CENX – Get Free Report) shares traded down 6.9% during trading on Wednesday . The company traded as low as $48.65 and last traded at $48.66. Approximately 1,396,611 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 2,178,126 shares. The stock had previously closed at $52.29.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research downgraded Century Aluminum from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Wall Street Zen cut Century Aluminum from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. B. Riley Financial dropped their target price on Century Aluminum from $86.00 to $74.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Wells Fargo & Company increased their target price on Century Aluminum from $77.00 to $79.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Weiss Ratings downgraded Century Aluminum from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Century Aluminum currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.00.

Read Our Latest Stock Report on Century Aluminum

Century Aluminum Trading Up 2.5%

The firm has a 50 day simple moving average of $48.32 and a 200 day simple moving average of $53.97. The company has a current ratio of 2.75, a quick ratio of 1.61 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $4.71 billion, a PE ratio of 8.21 and a beta of 1.96.

Century Aluminum (NASDAQ:CENX – Get Free Report) last posted its earnings results on Thursday, August 6th. The industrial products company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.33 by $0.13. Century Aluminum had a return on equity of 33.83% and a net margin of 22.63%.The business had revenue of $752.10 million during the quarter, compared to analyst estimates of $817.15 million. The company’s revenue was up 59.0% on a year-over-year basis. Equities analysts expect that Century Aluminum Company will post 8.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Century Aluminum

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp purchased a new position in shares of Century Aluminum during the first quarter valued at approximately $25,000. Private Trust Co. NA purchased a new stake in Century Aluminum in the fourth quarter worth approximately $28,000. Hollencrest Capital Management purchased a new stake in Century Aluminum in the first quarter worth approximately $29,000. EverSource Wealth Advisors LLC boosted its holdings in Century Aluminum by 253.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 1,306 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Century Aluminum in the 3rd quarter worth approximately $34,000. Institutional investors own 61.59% of the company’s stock.

Century Aluminum Company Profile

(Get Free Report)

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.