Brokers Offer Predictions for enCore Energy FY2025 Earnings

enCore Energy Corp. (NASDAQ:EU) – B. Riley issued their FY2025 earnings per share (EPS) estimates for enCore Energy in a report released on Tuesday, November 18th. B. Riley analyst N. Giles anticipates that the company will post earnings of ($0.08) per share for the year. B. Riley currently has a “Buy” rating and a $4.00 price target on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.20) per share. B. Riley also issued estimates for enCore Energy’s FY2026 earnings at $0.00 EPS.

enCore Energy (NASDAQ:EU) last posted its earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter. enCore Energy had a negative net margin of 118.78% and a negative return on equity of 19.83%. The business had revenue of $8.88 million for the quarter.

Other research analysts also recently issued reports about the company. HC Wainwright lifted their price target on enCore Energy from $2.75 to $4.00 and gave the company a “buy” rating in a report on Tuesday, August 12th. Wall Street Zen upgraded enCore Energy from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Zacks Research upgraded shares of enCore Energy to a “hold” rating in a report on Tuesday, August 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of enCore Energy in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $4.00.

enCore Energy Stock Performance

Shares of EU stock opened at $2.63 on Thursday. The firm has a market cap of $492.47 million, a price-to-earnings ratio of -9.39 and a beta of 1.97. enCore Energy has a 52-week low of $1.01 and a 52-week high of $4.18. The company has a quick ratio of 12.48, a current ratio of 13.64 and a debt-to-equity ratio of 0.39. The company’s 50 day moving average is $2.98 and its 200 day moving average is $2.60.

Insider Transactions at enCore Energy

In other news, Director William B. Harris sold 80,000 shares of the firm’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $3.41, for a total transaction of $272,800.00. Following the sale, the director owned 280,001 shares of the company’s stock, valued at $954,803.41. This trade represents a 22.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dennis Stover sold 20,000 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $3.54, for a total transaction of $70,800.00. Following the transaction, the director owned 468,500 shares in the company, valued at approximately $1,658,490. This trade represents a 4.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 120,000 shares of company stock worth $410,200. Insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On enCore Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EU. Bogart Wealth LLC bought a new position in enCore Energy in the 3rd quarter worth $26,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of enCore Energy by 192.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 8,137 shares of the company’s stock valued at $26,000 after purchasing an additional 5,356 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of enCore Energy by 222.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,405 shares of the company’s stock worth $27,000 after purchasing an additional 5,797 shares during the period. Osaic Holdings Inc. bought a new position in shares of enCore Energy during the 2nd quarter valued at approximately $29,000. Finally, Ballentine Partners LLC purchased a new stake in enCore Energy during the 2nd quarter valued at $29,000. Institutional investors own 20.86% of the company’s stock.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.