Century Aluminum (NASDAQ:CENX) Trading Down 7.5% – What’s Next?

Posted by Geri Gentry on Sep 12th, 2026

Century Aluminum Company (NASDAQ:CENX – Get Free Report) traded down 7.5% during mid-day trading on Thursday . The company traded as low as $44.17 and last traded at $44.0980. 720,886 shares were traded during trading, a decline of 66% from the average session volume of 2,138,765 shares. The stock had previously closed at $47.69.

Analyst Ratings Changes

Several research firms have issued reports on CENX. Zacks Research downgraded Century Aluminum from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Weiss Ratings lowered Century Aluminum from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. UBS Group initiated coverage on Century Aluminum in a research note on Monday, August 10th. They issued a “buy” rating and a $60.00 price objective on the stock. Wall Street Zen upgraded Century Aluminum from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, B. Riley Financial reiterated a “buy” rating on shares of Century Aluminum in a report on Tuesday, August 18th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Century Aluminum has a consensus rating of “Moderate Buy” and a consensus price target of $72.00.

View Our Latest Analysis on CENX

Century Aluminum Trading Down 0.7%

The firm has a market cap of $4.36 billion, a P/E ratio of 7.61 and a beta of 1.99. 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 company’s fifty day moving average price is $45.75 and its two-hundred day moving average price is $53.41.

Century Aluminum (NASDAQ:CENX – Get Free Report) last released its quarterly 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 for the quarter, compared to analyst estimates of $817.15 million. Century Aluminum’s revenue for the quarter was up 59.0% on a year-over-year basis. As a group, sell-side analysts predict that Century Aluminum Company will post 7.75 EPS for the current fiscal year.

Hedge Funds Weigh In On Century Aluminum

A number of institutional investors have recently modified their holdings of the stock. Lido Advisors LLC boosted its stake in Century Aluminum by 1.4% during the 1st quarter. Lido Advisors LLC now owns 13,091 shares of the industrial products company’s stock worth $768,000 after acquiring an additional 180 shares during the last quarter. Summit Global Investments increased its stake in shares of Century Aluminum by 3.2% during the 1st quarter. Summit Global Investments now owns 7,866 shares of the industrial products company’s stock worth $462,000 after purchasing an additional 241 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Century Aluminum by 26.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,419 shares of the industrial products company’s stock valued at $83,000 after buying an additional 297 shares during the last quarter. ProShare Advisors LLC lifted its position in Century Aluminum by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 10,269 shares of the industrial products company’s stock worth $402,000 after acquiring an additional 308 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Century Aluminum by 48.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,185 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 386 shares during the period. 61.59% of the stock is owned by institutional investors.

Century Aluminum Company Profile

(Get Free Report)

Century Aluminum Company is a producer of primary aluminum. The company operates aluminum smelters that convert alumina into aluminum metal, supplying standard-grade and value-added products used in transportation, construction, packaging, and other industrial applications.

Century Aluminum’s operations are primarily located in the United States and Iceland. Its U.S. portfolio includes facilities in Sebree, Kentucky, and Mount Holly, South Carolina, while its Icelandic operations include the Grundartangi smelter, operated through its Norðurál subsidiary.