Noranda Aluminum Holdings Corp: (NYSE: NOR)

$4.16

-0.06 (-1.42%)

Volume 395,576

May 21 04:02 PM ET

Zacks Rank: 5-Strong Sell

 
 
 
 
#5

Overview Quote

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Stock Activity

Day Low - High 4.11 - 4.38
52wk Low - High 3.18 - 8.57
Previous Close 4.22
Avg. Volume 637,555
Industry METAL PRD-DISTR
Market Cap 285.85 M
Div - Yield 0.16 - 3.79
Beta 0.98
PE (Forward) 0.00
Current Year Est. -0.08
Quarterly Earnings ESP -60.00%

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Zacks Rank Short-Term: 1-3 Months

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Rank Change Trend5

Zacks Recommendation Long-Term: 6+ Months

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Neutral

Zacks Industry Rank

255 out of 265

Equity Research Report

Updated as of 05/10/2013

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Key Earnings Data

PE (Forward) NA
PEG Ratio NA
Current Year Est. -0.08
Current Quarter Estimate -0.05
Most Accurate Estimate -0.08
Earnings ESP -60.00%
Next Earnings Report Date 07-24-2013
EPS Last Year -0.19
Expected Earnings Growth 10.00%

Company Description

Noranda Aluminum Holding Corporation, headquartered in Franklin, Tennessee, is a North American integrated producer of primary aluminum products and rolled aluminum coils. It operates through two segments, Upstream and Downstream. The upstream business is a vertically integrated producer of primary aluminum, consisting of a bauxite mine, an alumina refinery and an aluminum smelter. The bauxite mine provides all of the bauxite ore used for the production of alumina at its alumina refinery. Alumina Refinery processes bauxite, delivered from the bauxite mine, into smelter grade alumina for use in its New Madrid smelter. All of Noranda's primary aluminum production occurs at the New Madrid smelter which also includes a fabrication facility that converts molten aluminum into value added products such as rod, extrusion billet and foundry ingot. The downstream business, known as Norandal USA, Inc. is a manufacturer of aluminum foil and light gauge sheet that owns and operates rolling mills in the southeastern US.

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Earnings Estimates

Current Qtr
(06/2013)
Next Qtr
(09/2013)
Current Year
(12/2013)
Next Year
(12/2014)
Average Estimate -0.05 -0.07 -0.08 0.19
Number of Estimates 4 4 5 6
Low Estimate -0.13 -0.20 -0.48 -0.22
High Estimate 0.01 0.06 0.22 NA
Year Ago EPS 0.11 -0.16 0.02 -0.08
EPS Growth -150.00% 59.37% -510.00% 333.74%

Average Earnings Estimates for NOR

EPS Growth for NOR

Industry Analysis

Name Symbol Previous Close Zacks Rank Zacks Recommendation
NORANDA ALUMINM NOR 4.22
MITSUI MITSY 286.75
MOLYCORP INC MCP 7.22
RELIANCE STEEL RS 68.83
CASTLE (AM) &CO CAS 18.29

Sector:Industrial Products>> Industry:METAL PRD-DISTR

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