Century Aluminum Stock Target Price and Analyst Consensus
| CENX Stock | USD 17.64 0.13 0.74% |
The current analyst and expert consensus on Century Aluminum is Buy, with only one strong buy opinion. The current projected Century Aluminum target price consensus is 7.67 with 3 analyst opinions. The most common way Century Aluminum analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Century Aluminum executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Century Aluminum. We encourage you to use your own analysis of Century Aluminum to validate this buy or sell advice. Century Aluminum buy-or-sell recommendation module provides average expert sentiment on the projected Century Aluminum target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Century Aluminum to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
Lowest Forecast 6.98 | Highest Forecast 8.51 | Target Price 7.67 |
Century |
It's important to approach Century Aluminum's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Century Aluminum Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Century target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Century Aluminum's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Buy |
Most Century analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Century stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Century Aluminum, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCentury Aluminum Target Price Projection
Century Aluminum's current and average target prices are 17.64 and 7.67, respectively. The current price of Century Aluminum is the price at which Century Aluminum is currently trading. On the other hand, Century Aluminum's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Century Aluminum Market Quote on 18th of April 2024
Target Price
Analyst Consensus On Century Aluminum Target Price
Century Aluminum Analyst Ratings
Century Aluminum's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Century Aluminum stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Century Aluminum's financials, market performance, and future outlook by experienced professionals. Century Aluminum's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Century Aluminum price targets
Century Aluminum's stock target price is an estimate of its future price, usually made by analysts. Using Century Aluminum's target price to determine if it is a suitable investment can be done through the following steps:- Look at Century Aluminum's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Century Aluminum's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Century Aluminum Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Century Aluminum is a key component of Century Aluminum valuation and have some predictive power on the future returns of a Century Aluminum.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Century Aluminum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Warren Buffett Holdings Invested over 70 shares | |
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Check out Macroaxis Advice on Century Aluminum to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Century Stock analysis
When running Century Aluminum's price analysis, check to measure Century Aluminum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.
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The data published in Century Aluminum's official financial statements usually reflect Century Aluminum's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Century Aluminum. For example, before you start analyzing numbers published by Century accountants, it's critical to develop an understanding of what Century Aluminum's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Century Aluminum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Century Aluminum's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Century Aluminum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Century Aluminum. Please utilize our Beneish M Score to check the likelihood of Century Aluminum's management manipulating its earnings.