Latest news with #CenturyAluminum
Forbes
5 days ago
- Business
- Forbes
Buy Or Fear Century Aluminum Stock?
Photo byCentury Aluminum (NASDAQ:CENX) stock appears to be hazardous – making it a poor selection to acquire at its current price of approximately $22. We have identified several issues with CENX stock that render it risky, even though its current valuation is considered low. We reach our conclusion by evaluating the present valuation of CENX stock alongside its operational performance in recent years as well as its existing and historical financial situation. Our examination of Century Aluminum based on critical metrics of Growth, Profitability, Financial Stability, and Downturn Resilience indicates that the company has a subpar operational performance and financial standing, as outlined below. Nevertheless, for investors seeking lower volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative, having outperformed the S&P 500 and achieved returns surpassing 91% since its inception. How Does Century Aluminum's Valuation Compare to The S&P 500? Considering what you pay per dollar of sales or profit, CENX stock appears inexpensive when compared to the broader market. • Century Aluminum has a price-to-sales (P/S) ratio of 0.9 compared to a figure of 3.1 for the S&P 500 • Additionally, it has a price-to-earnings (P/E) ratio of 17.3 versus the benchmark's 26.9 How Have Century Aluminum's Revenues Grown In Recent Years? Century Aluminum's Revenues have experienced significant growth over recent years. • Century Aluminum has encountered an average annual decline of 1.4% in its top line over the last 3 years (compared to a 5.5% increase for the S&P 500) • Its revenues have increased by 11.4% from $2.1 Billion to $2.4 Billion in the past 12 months (relative to a 5.5% growth for the S&P 500) • Furthermore, its quarterly revenues rose by 29.5% to $634 Million in the most recent quarter from $490 Million a year prior (compared to a 4.8% improvement for the S&P 500) How Profitable Is Century Aluminum? Century Aluminum's profit margins are significantly lower than most companies in the Trefis coverage universe. • Century Aluminum's Operating Income over the last four quarters was $166 Million, reflecting a poor Operating Margin of 7.0% • Century Aluminum's Operating Cash Flow (OCF) during this timeframe was $63 Million, indicating a very poor OCF Margin of 2.6% (compared to 14.9% for S&P 500) • Throughout the last four-quarter period, Century Aluminum's Net Income amounted to $120 Million – signifying a poor Net Income Margin of 5.1% (in contrast to 11.6% for S&P 500) Does Century Aluminum Appear Financially Stable? Century Aluminum's balance sheet appears fragile. • Century Aluminum's Debt stood at $483 Million at the end of the most recent quarter, while its market capitalization is $2.1 Billion (as of 7/21/2025). This results in a moderate Debt-to-Equity Ratio of 23.3% (compared to 19.4% for S&P 500). [Note: A low Debt-to-Equity Ratio is preferred] • Cash (including cash equivalents) constitutes $45 Million of the $2.0 Billion in Total Assets for Century Aluminum. This provides a poor Cash-to-Assets Ratio of 2.3% How Resilient Is CENX Stock In A Downturn? CENX stock has performed worse than the benchmark S&P 500 index during several recent downturns. While investors hope for a smooth landing by the U.S. economy, what potential fallout could occur if another recession strikes? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and after the last six market crashes. • CENX stock decreased 82.1% from a high of $29.49 on March 4, 2022, to $5.28 on September 30, 2022, compared to a peak-to-trough drop of 25.4% for the S&P 500 • The stock is still yet to recover to its pre-Crisis high • The highest price the stock has attained since then is 23.94 on December 3, 2024, and it currently trades around $22 • CENX stock fell 62.1% from a high of $8.02 on January 7, 2020, to $3.04 on April 3, 2020, versus a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully bounced back to its pre-Crisis peak by July 31, 2020 • CENX stock dropped 98.7% from a high of $79.99 on May 20, 2008, to $1.06 on March 9, 2009, compared to a peak-to-trough decline of 56.8% for the S&P 500 • The stock is still not recovered to its pre-Crisis high Bringing It All Together: Implications For CENX Stock To summarize, Century Aluminum's performance across the highlighted parameters is as follows: • Growth: Very Strong • Profitability: Very Weak • Financial Stability: Weak • Downturn Resilience: Very Weak • Overall: Weak Therefore, despite its low valuation, this results in the stock appearing risky, reinforcing our conclusion that CENX is presently a poor stock to purchase. Although CENX stock seems volatile, investing in a single stock can be precarious. Conversely, the Trefis High Quality (HQ) Portfolio, consisting of 30 stocks, boasts a history of consistently outperforming the S&P 500 over the last 4-year duration. What accounts for this? As a collective, HQ Portfolio stocks provided superior returns with lower risk compared to the benchmark index; a smoother journey, as evidenced in HQ Portfolio performance metrics.
Associated Press
19-07-2025
- Business
- Associated Press
CENTURY ALUMINUM INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Century Aluminum Co.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Jul 18, 2025-- The law firm of Kahn Swick & Foti, LLC ('KSF') has commenced an investigation into Century Aluminum Company (NasdaqGS: CENX) ('Century'). KSF is investigating whether Century's officers and/or directors breached their fiduciary duties or otherwise violated state or federal laws. If you hold shares of Century Aluminum Company (NasdaqGS: CENX), we urge you to contact KSF to discuss your legal rights, without obligation or cost to you, by calling KSF toll-free at 1-833-938-0905, or by e-mailing KSF Managing Partner, Lewis Kahn, ( [email protected] ), or visit to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn View source version on CONTACT: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163 KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA NEW YORK INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: Kahn Swick & Foti, LLC Copyright Business Wire 2025. PUB: 07/18/2025 07:28 PM/DISC: 07/18/2025 07:28 PM
Globe and Mail
19-07-2025
- Business
- Globe and Mail
CENTURY ALUMINUM INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Century Aluminum Co.
The law firm of Kahn Swick & Foti, LLC ('KSF') has commenced an investigation into Century Aluminum Company (NasdaqGS: CENX) ('Century'). KSF is investigating whether Century's officers and/or directors breached their fiduciary duties or otherwise violated state or federal laws. If you hold shares of Century Aluminum Company (NasdaqGS: CENX), we urge you to contact KSF to discuss your legal rights, without obligation or cost to you, by calling KSF toll-free at 1-833-938-0905, or by e-mailing KSF Managing Partner, Lewis Kahn, ( or visit to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.
Yahoo
16-07-2025
- Business
- Yahoo
Century Aluminum (CENX) Plans New US Smelter After Higher Aluminum Tariffs
Century Aluminum Company (NASDAQ:CENX) is one of the 10 Best Small-Cap Stocks to Buy According to Billionaires. On June 2, Century Aluminum Company (NASDAQ:CENX) praised President Trump's decision to raise tariffs on imported aluminum from 25% to 50%. This move aims to encourage investment and job growth in the US aluminum industry and support the nation's domestic production of critical metals. A warehouse of aluminum ingots, neatly lined up ready to be shipped. With this support, Century Aluminum Company (NASDAQ:CENX) has announced plans to build the first new aluminum smelter in the US in 50 years. The company also intends to double its domestic production. Century Aluminum Company (NASDAQ:CENX) is the largest producer of primary aluminum in the US. The company is an integrated producer of bauxite, alumina, and primary aluminum products. It also has production facilities in Iceland, the Netherlands, and Jamaica. While we acknowledge the potential of CENX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Reuters
09-06-2025
- Business
- Reuters
Aluminium producers in the US win from Trump's tariffs
LONDON, June 9 (Reuters) - Century Aluminum, the largest primary aluminium producer in the U.S., and top recycler Matalco will be among the big winners from President Donald Trump's higher tariffs on imports of the metal as domestic prices surge, four industry sources said. However, some sector players are worried that Trump's move from June 4 to hike the tariffs to 50%, from 25%, could push prices so high that demand starts to weaken. Higher revenues for U.S. aluminium producers and recyclers are expected mainly due to the way the market prices the metal key for construction, power and packaging industries. The companies typically charge customers the London Metal Exchange aluminium price plus a physical market premium to cover other costs including freight and taxes. The so-called Midwest premium hit a record 62.5 U.S. cents a lb, or $1,377 a metric ton, on Friday. Since Trump was elected for his second term in November, it has surged nearly 190%. Consultancy Harbor Aluminum said the premium would have to rise to 70 cents a lb, or $1,543 a ton, to fully reflect the 50% tariff. Century (CENX.O), opens new tab, in which London-listed miner Glencore (GLEN.L), opens new tab is the top shareholder with a stake of more than 40%, declined to comment beyond a statement it issued last week, in which it welcomed the 50% tariff. Century produced 690,000 metric tons of aluminium last year. Miner Rio Tinto (RIO.L), opens new tab, ( opens new tab, which owns a 50% stake in Matalco, declined to comment, speaking on behalf of the U.S. company, which produced 528,000 tons of recycled or secondary aluminium last year. U.S. imports of scrap aluminium remain free of tariffs, but aluminium recycling needs primary metal to maintain properties of alloys used to make industrial goods. Alcoa (AA.N), opens new tab, one of the world's largest aluminium producers, said its U.S. smelters would also benefit from the tariffs, and that its active production capacity in the United States totalled 291,000 tons. Alcoa's global aluminium output was 2.215 million tons last year. Constellium, which has a capacity to recycle 360,000 tons of aluminium annually in the United States, said it supported the original 25% tariff because it helped address unfair trading practices by non-market economies. "However, we are concerned that increasing the tariff beyond this level could have unintended consequences - potentially disrupting the aluminum supply chain and impacting demand," it added. Higher aluminium costs are likely to be passed on to consumers, which analysts expect will eventually hit demand. With its local primary aluminium industry in decline for years, the U.S. relies on imports of large amounts of unwrought aluminium and alloys - more than 3.9 million tons last year, according to U.S. government data. The U.S. produced more than four million tons of aluminium last year, most of it recycled material, according U.S. Geological Survey. Industry sources expect U.S. scrap aluminium imports to climb as recycling companies take advantage of high premiums to ramp up production. Already U.S. scrap aluminium imports have started to rise. Data from information provider Trade Data Monitor shows U.S. scrap aluminium imports rose more than 30% to 201,968 tons in the first quarter of this year from the same period in 2024. Traders said the high Midwest premium would allow recyclers to bid more for scrap than buyers outside the United States, as they can sell aluminium locally at a higher price. LME aluminium is trading around $2,500 a ton, while the duty-paid premium in Europe has dropped more than 50% to $170 a ton since January on expectations some global producers will divert primary metal to Europe to avoid U.S. tariffs.
