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Century Aluminum (NASDAQ:CENX) 株価情報, 空売り情報

Century Aluminum

Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard-grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.

Century Aluminum Co

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Shares of companies within the broader materials sector are trading higher amid overall market strength after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A decrease of trade tensions could reduce demand uncertainty for materials.

Century Aluminum shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results.

Century Aluminum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.56 by 35.71 percent. This is a 1300 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $633.90 million which beat the analyst consensus estimate of $577.60 million by 9.75 percent. This is a 29.50 percent increase over sales of $489.50 million the same period last year.

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Century Aluminum Q1 Adj. EPS $0.36 Misses $0.56 Estimate, Sales $633.90M Beat $577.60M Estimate

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Earnings Scheduled For May 7, 2025

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Shares of metals stocks are trading lower, pulling back after surging Wednesday following President Trump's tariff pause announcement. The sector has been volatile amid trade war concerns.

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Shares of companies within the broader materials sector are trading lower as markets react to President Trump's announcement of sweeping tariffs.

Robert F Hoffman, SVP at Century Aluminum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>), reported an insider sell on March 24, according to a new SEC filing. 
What Happened: Hoffman's decision to sell 5,000 shares of Century Aluminum was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000949157/000094915725000030//Archives/edgar/data/949157/000094915725000030/0000949157-25-000030-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value of the sale is $101,199.
The latest update on Tuesday morning shows Century Aluminum shares down by 0.79%, trading at $18.76.
<h3>Delving into Century Aluminum's Background</h3>
Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard-grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.
<h3>Financial Insights: Century Aluminum</h3>
Revenue Growth: Century Aluminum displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 23.15%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.
Exploring Profitability:
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<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 10.51%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Century Aluminum's EPS is below the industry average. The company faced challenges with a current EPS of 0.46. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Century Aluminum's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.76, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Navigating Market Valuation:
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Price to Earnings (P/E) Ratio: Century Aluminum's P/E ratio of 5.78 is below the industry average, suggesting the stock may be undervalued.
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<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.84, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Century Aluminum's EV/EBITDA ratio, lower than industry averages at 4.99, indicates attractively priced shares.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>The Relevance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000949157">Check Out The Full List Of Century Aluminum's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Insider Decision: Robert F Hoffman Offloads $101K Worth Of Century Aluminum Stock

Management

Century Aluminum Company Appoints Peter Trpkovski To Be The Company's Next Executive Vice President And Chief Financial Officer

When President Trump announced a 50% tariff on Canadian aluminum and steel imports, it created a cloud of fear and <a href="https://www.benzinga.com/markets/equities/25/03/44269301/trumps-25-tariffs-on-steel-and-aluminum-imports-take-effect-eu-retaliates-us-steel-nucor-century-aluminum-and-other-domestic-stocks-cheer">uncertainty in the markets</a>. 
Stocks dropped as the 25% previously announced tariffs set to be implemented on Wednesday were anticipated to be doubled.
Trump later hinted at reconsideration after Ontario's premier suspended a surcharge on electricity exports. While domestic producers may benefit, higher costs could dent the profits of industries that rely heavily on these materials.
Also Read: <a href="https://www.benzinga.com/news/25/03/44253100/trump-slaps-50-tariff-on-canadian-steel-aluminum-threatens-auto-industry">Trump Slaps 50% Tariff On Canadian Steel &amp; Aluminum, Threatens Auto Industry</a>
This has presented a good opportunity to look into exchange-traded funds, <a href="https://www.benzinga.com/etfs">ETFs, that may gain or lose</a>:
<ul>
<li>VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>): The ETF gained 1.3% on Tuesday. Its U.S. exposure is at 53.78%, with Brazil and Australia following at 14.65% and 10.71%, respectively. SLX has the least exposure to Canada at less than 1%. The ETF carries an expense ratio of 56 basis points. Tariffs on materials imports from Canada bode well for domestic producers. SLX has exposure to United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) and Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>).</li>
</ul>
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<li>iShares U.S. Basic Materials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYM#NYSE">IYM</a>): This fund appeals to investors seeking a conservative way to gain aluminum exposure. The ETF&#8217;s exposure is spread out to base metals stocks and other materials sectors like chemicals and forestry products. This makes it a less speculative investment. This reduces risks from an aluminum market downturn. The ETF holds stocks of aluminum leaders such as Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) and Reliance Steel &amp; Aluminum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>). Both stand to gain if the tariffs are implemented.</li>
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<li>The Invesco Building &amp; Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKB#NYSE">PKB</a>): One of the outcomes of the 50% (or even 25%) tariffs on steel and aluminum imported from Canada is that it will drive up materials prices in the U.S. Higher steel prices may weigh on the construction sector. This fund could face profitability issues as steel is a key raw material in the industry it is exposed to.</li>
</ul>
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<li>The Invesco Food &amp; Beverage ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBJ#NYSE">PBJ</a>): This fund could see headwinds as higher aluminum costs may pressure the food and beverage bottling industry as well. Companies like Diageo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEO#NYSE">DEO</a>), Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), and PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) likely to face increased costs.</li>
</ul>
<h2 class="wp-block-heading">U.S. Steel Industry Backs The Move</h2>
Despite the market jitters, U.S. steel manufacturers are largely in favor of the tariffs. In a <a href="https://www.steel.org/2025/03/five-steel-groups-pledge-support-for-steel-tariffs-applaud-actions/">letter </a>to the president, five steel industry executives, represented by American Iron and Steel Institute, expressed their strong support for the 25% tariffs. Moreover,&nbsp;Jesse Gary, the CEO of&nbsp;Century Aluminum&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) <a href="https://www.benzinga.com/markets/equities/25/03/44269301/trumps-25-tariffs-on-steel-and-aluminum-imports-take-effect-eu-retaliates-us-steel-nucor-century-aluminum-and-other-domestic-stocks-cheer">told the New York Times</a>, &#8220;The new tariffs will close those loopholes back up and enable us to begin investing again, and bring on more production here in the U.S.&#8221;
While steel producers in the U.S. are supportive, the aluminum industry has shown a mixed reaction. Alcoa CEO William Oplinger <a href="https://www.investopedia.com/alcoa-s-ceo-says-trump-tariffs-could-wipe-out-100-000-u-s-jobs-11686292">voiced </a>concerns that tariffs could hurt the U.S. aluminum sector due to the company's strong ties to Canadian operations.
The impact of tariffs will likely trickle down to consumers as well. Domestic steel prices have already surged from around $700 to nearly $1,000 per ton since Trump's initial announcement in February. A Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-03-11/trump-s-metal-tariffs-set-to-hit-favorites-like-baseball-bats-and-fishing-reels">report </a> said that higher costs could affect a range of products, from aluminum baseball bats to stainless steel cookware and fishing reels.
Investors should keep an eye on ETFs exposed to these sectors, as they may see significant movement in the coming weeks. Whether Trump follows through with the full 50% tariff or retreats from the threat, the ripple effects will be felt across multiple industries and investment tools.
Read Next: 
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<li><a href="https://www.benzinga.com/etfs/new-etfs/25/03/44285737/dailydelta-rolls-out-etfs-for-daily-nasdaq-100-index-movements">DailyDelta Rolls Out ETFs For Daily Nasdaq-100 Index Movements</a></li>
</ul>
Image: Midjourney

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Steel & Aluminum Import Tariff Threat: 4 ETFs Gaining & Losing In The Market Shake-Up

Shares of steel and aluminum stocks are trading higher amid US steel and aluminum tariffs.

The&nbsp;25% tariffs on steel and&nbsp;aluminum imports imposed by U.S. President&nbsp;Donald Trump&nbsp;have now taken effect, triggering a swift retaliation from the European Union.
What Happened: The tariffs were enforced on Wednesday, impacting several countries including Canada, Australia, and the EU. The White House issued confirmation about the duties late Tuesday but also revealed that Trump had abandoned plans to increase tariffs on Canadian metals to 50%, <a href="https://www.cnbc.com/2025/03/12/trumps-25percent-tariffs-on-steel-and-aluminum-imports-take-effect.html">reported</a> CNBC.
In response, the European Union announced counter-tariffs on $28.33 billion&nbsp;worth of U.S. goods beginning in April. The European Commission stated that these measures aim&nbsp;to &#8220;protect European businesses, workers&nbsp;and consumers from the impact&nbsp;of these unjustified trade restrictions.&#8221;
Meanwhile, Australian Prime Minister&nbsp;Anthony Albanese&nbsp;criticized Trump&#8217;s move as &#8220;entirely unjustified,&#8221; adding that Australia will refrain from imposing reciprocal tariffs on U.S. imports to prevent price inflation for Australian consumers.
SEE ALSO: <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44268979/melania-trumps-official-memecoin-worth-over-13-billion-barely-two-months-ago-is-now-valued-at-367-million">Melania Trump&#8217;s Official Memecoin, Worth Over $13 Billion Barely Two Months Ago, Is Now Valued At $367 Million</a>
Why It Matters: This development marks another chapter in the ongoing trade war, characterized by Trump&#8217;s bold tariff promises and subsequent reversals. The trade tensions have recently rattled markets, amid intensifying concerns that the tariffs could edge the world&#8217;s largest economy towards a recession.
Furthermore, Trump&#8217;s decision to <a href="https://www.benzinga.com/25/03/44267277/trump-scraps-50-tariff-hike-on-canadian-steel-aluminum-after-ontario-backs-down">scrap plans to hike </a>tariffs on Canadian metals to 50% came after Ontario paused&nbsp;a 25% tax on electricity&nbsp;exports to the U.S. This indicates a complex and rapidly evolving situation, with decisions being made and reversed in quick succession, adding to the uncertainty in global markets.
That being said, some of the domestic industry bodies hail the President&#8217;s move. American Iron and Steel Institute (AISI), representing U.S. steelmakers, supported the tariffs, stating they would generate jobs and strengthen domestic steel production, reported BBC. Furthermore, Jesse Gary, the CEO of Century Aluminum told the New York Times, "The new tariffs will close those loopholes back up and enable us to begin investing again, and bring on more production here in the U.S."
On the flipside, Bill Reinsch, a former Commerce Department official told BBC, &#8220;It protects [the steel and aluminium] industries but hurts downstream users of their products by making them more expensive.&#8221; 
The shares of domestic steelmakers, United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) and Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) climbed more than 13% year to date, as per<a href="http://pro.benzinga.com"> Benzinga Pro.</a> Meanwhile, Aluminum stocks Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) and Century Aluminum Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) closed the last session with gains of 3% and 9%, respectively.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/25/03/44268596/trumps-net-worth-plummets-by-nearly-300m-as-djt-stock-drops-to-its-lowest-since-october">Trump&#8217;s Net Worth Plummets By Nearly $300M As DJT Stock Drops To Its Lowest Since October</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

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Trump's 25% Tariffs On Steel And Aluminum Imports Take Effect, EU Retaliates: US Steel, Nucor, Century Aluminum And Other Domestic Stocks Cheer

Macro Economic Events

Economics

Shares of steel and aluminum stocks are trading higher after President Trump instructed the Secretary of Commerce to add additional tariffs on steel and aluminum coming into the US from Canada.

Shares of companies within the broader materials sector are trading lower amid economic worries driven by tariffs and trade policies. Investors may be expecting a decline in investment, which may also be weighing on the industry.

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Shares of several companies in the broader industrials space are trading higher amid overall market strength on reports indicating that President Trump will delay auto tariffs.

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Russia's Putin On Talks With U.S. Says, Next Contacts Between With U.S. Will Focus Primarily On Bilateral Relations; We Could Agree With The U.S. To Cut Defence Budgets, That's A Good Idea; Russia's Putin On Aluminum, Says Russia And U.S. Could Consider Working Together On Aluminum Production, We Could Think Of A Joint Project With U.S. In Russia

Century Aluminum Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) shares are trading higher on Monday after BMO Capital analyst Katja Jancic upgraded the stock from <a href="https://www.benzinga.com/topic/aluminum">Market Perform to Outperform</a>.
Jancic maintains <a href="https://www.benzinga.com/quote/CENX/analyst-ratings" target="_blank" rel="noreferrer noopener">a price target from $22 to $22</a>.
The analyst writes that Century's valuation has become attractive following the recent sell-off. CENX shares are currently trading at 5.6x/5.3x our 2025E/2026E EBITDA based on aluminum/MWP prices of $1.15/lb/$0.30/lb.
At these levels, the analyst estimates EBITDA of $450 million to $500 million, implying a spot valuation under 4.0x.
Jancic says that the company is actively reviewing options for its idled smelter, with high interest in the asset.
The company may either sell or restart the smelter. This could generate $200-250 million in EBITDA at current spot prices, adds the analyst.
Read: <a href="https://www.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan" target="_blank" rel="noreferrer noopener">US Steel, Aluminum Stocks Rally As Trump Revives 25% Tariff Plan</a>
The company may benefit from the increased 25% aluminum tariffs, which will take effect on March 12, Jancic says.
Currently, U.S. domestic primary aluminum supply meets only around 20% of consumption needs, meaning the reliance on imported material is expected to drive up the Midwest Aluminum Premium (MWP), which has already risen to ~$0.40/lb, from the low 20s in January, adds the analyst.
Jancic writes that if this trend continues, it could add approximately $70 million, or more than 20%, to their 2025 EBITDA estimate.
Additionally, there is potential for the MWP to increase to the $0.45-0.50/lb range as tariffs fully take effect, offering further upside, adds the analyst.
Price Action: CENX shares are up 9.32% at $19.00&nbsp;at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/global/25/02/43635740/eu-president-vows-firm-and-proportionate-countermeasures-after-trump-imposes-steel-aluminum-tariffs" target="_blank" rel="noreferrer noopener">EU President Vows &#8216;Firm And Proportionate Countermeasures&#8217; After Trump Imposes Steel, Aluminum Tariffs</a></li>
</ul>
Image: Midjourney

Mid Cap

Upgrades

Movers

GOOGL

Century Aluminum Stock Soars On Analyst Upgrade And Smelter Restart Potential

Century Aluminum shares are trading higher after BMO Capital upgraded its stock rating from market perform to outperform.

BMO Capital analyst Katja Jancic upgrades Century Aluminum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) from Market Perform to Outperform and maintains the price target from $22 to $22.

Price Target

Analyst Ratings

BMO Capital Upgrades Century Aluminum to Outperform, Maintains Price Target to $22

Century Aluminum shares are trading lower. The company reported Q4 financial results.

Guidance

Century Aluminum Expects Q1 Adjusted EBITDA To Range $75M - $85M

Press Releases

Century Aluminum Sets Date for Third Quarter 2024 Earnings Announcement

Century Aluminum Applauds Biden Administration Final Rules on 45X

Century Aluminum Company Reports Third Quarter 2024 Results

Politics

Century Aluminum Applauds President Trump's Decisive Action to Strengthen Section 232 Tariffs

Century Aluminum Sets Date for Fourth Quarter 2024 Earnings Announcement

Century Aluminum Company Reports Fourth Quarter 2024 Results

Jesse Gary, Century's President and CEO, will present at the BMO 2025 Global Metals, Mining & Critical Minerals Conference

Century Aluminum Names Veteran Executive Peter Trpkovski Chief Financial Officer

Century Aluminum Sets Date for First Quarter 2025 Earnings Announcement

Century Aluminum Company Reports First Quarter 2025 Results

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