Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a note issued to investors on Monday,Benzinga reports. They presently have a $29.00 price target on the stock. HC Wainwright’s price target points to a potential upside of 78.35% from the company’s previous close.
Several other equities research analysts also recently weighed in on UUUU. The Goldman Sachs Group lowered their target price on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. Roth Mkm reaffirmed a “neutral” rating and set a $17.00 price target on shares of Energy Fuels in a research report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $23.50.
View Our Latest Report on UUUU
Energy Fuels Trading Down 1.8%
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.During the same quarter in the previous year, the business earned ($0.13) earnings per share. The firm’s quarterly revenue was up 112.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Energy Fuels will post -0.14 earnings per share for the current year.
Insider Buying and Selling at Energy Fuels
In related news, VP Daniel Kapostasy sold 15,000 shares of the business’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $18.71, for a total transaction of $280,650.00. Following the completion of the transaction, the vice president directly owned 30,486 shares in the company, valued at $570,393.06. The trade was a 32.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.97% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Harbour Investments Inc. raised its holdings in shares of Energy Fuels by 74.5% during the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after acquiring an additional 741 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Energy Fuels by 75.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after purchasing an additional 758 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in Energy Fuels during the fourth quarter worth about $27,000. State of Wyoming acquired a new stake in Energy Fuels during the fourth quarter worth about $34,000. Finally, EFG International AG purchased a new position in Energy Fuels during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 48.24% of the company’s stock.
Energy Fuels Company Profile
Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.
At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.
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