Stock Price & Analysis

Based on recent market performance and analyst upgrades, CENX stock shows positive momentum with potential upside. However, consider the risks associated with tariff impacts and industry uncertainties.

Century Aluminum Co (CENX) is expected to reach a price target of $22 by the end of 2025, driven by improving market conditions and analyst upgrades. The stock is currently trading at $20.10, with a potential upside of 9.7% based on BMO Capital's recent upgrade to Outperform. The positive outlook is supported by the company's valuation becoming more attractive after recent sell-offs and the potential benefits from increased tariffs on aluminum imports.

The S1 support level for CENX Stock is $17.07 ,The R1 resistant level for CENX Stock is $20.42.

As of the end of day on 2025-03-19, the price of CENX Stock was $19.72.

The target price for CENX Stock according to analyst rating is 25.00, with the highest price target at 28.00 and the lowest at 22.00. Analysts have a Moderate Buy rating on CENX Stock overall.

The market cap of CENX is $1.9B.

Analysis and Insights

Valuation Metrics:

Century Aluminum Co. (CENX) currently exhibits mixed valuation signals. The stock's price-to-earnings (P/E) ratio ranges between 5.2 and 7.57, which is relatively low compared to industry averages, suggesting undervaluation. The EV/EBITDA ratio of 10.28 to 21.4 indicates moderate valuation, while the price-to-sales (P/S) ratio of 0.68 to 0.8 reflects a low valuation relative to revenue. The price-to-book (P/B) ratio of 2.31 to 2.85 suggests a premium to book value but remains within reasonable bounds. The dividend yield is 0%, indicating no income component.

Market Sentiment and News Impact:

Recent news indicates that CENX has benefited from U.S. tariffs on steel and aluminum imports, with the stock rising 9.7% on the announcement. The CEO of Century Aluminum has expressed support for the tariffs, citing their potential to boost domestic production and investment. However, some analysts caution that these tariffs could lead to higher costs for downstream industries, potentially offsetting benefits.

Technical Analysis:

The stock is currently trading near its Fibonacci support level of 17.07, with a Fibonacci pivot point of 18.74. The RSI (14) of 54.12 indicates a neutral position, suggesting no immediate overbought or oversold conditions. The MACD is slightly bullish, with a signal line crossover, indicating weak upward momentum.

Conclusion:

Based on the analysis, CENX does not appear to be significantly overvalued at current levels. The stock's low P/E and P/S ratios, combined with moderate EV/EBITDA, suggest reasonable valuation. However, investors should monitor the impact of tariffs and potential downstream industry challenges. The stock's technical indicators suggest stability, but further upside may depend on broader market conditions and industry dynamics.

Century Aluminum Company is a global producer of primary aluminum and operates aluminum reduction facilities, or smelters. The Company operates in the United States and Iceland. The Company's primary aluminum reduction facilities produce primary aluminum products. The Company's annual production capacity is approximately 1,016,000 tons per year (tpy). In addition to its primary aluminum assets, it owns a carbon anode production facility located in the Netherlands (Vlissingen). Carbon anodes are consumed in the production of primary aluminum. Vlissingen supplies carbon anodes to its aluminum smelter in Grundartangi, Iceland. Each of its aluminum smelters in the United States produces anodes at on-site facilities. Through its Natur-Al product line, it provides low-carbon aluminum products. The Grundartangi facility, located in Grundartangi, Iceland, is an aluminum reduction facility owned and operated by the Company’s wholly owned subsidiary, Nordural Grundartangi ehf.

Century Aluminum (CENX) is predicted to reach a stock price of $30 to $40 by 2030. This estimate is based on favorable tariff policies, improving profitability, and strong analyst sentiment. The company's focus on low-carbon aluminum products positions it well for future growth in a sustainable industry.

CENX has a total of 2939 employees.