FY2028 EPS Estimates for Energy Fuels Decreased by B. Riley

Energy Fuels Inc (NYSEAMERICAN:UUUU) – Stock analysts at B. Riley decreased their FY2028 earnings per share estimates for Energy Fuels in a note issued to investors on Wednesday, November 5th. B. Riley analyst N. Giles now expects that the company will earn $0.36 per share for the year, down from their previous estimate of $0.38. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Energy Fuels’ current full-year earnings is ($0.10) per share. B. Riley also issued estimates for Energy Fuels’ FY2029 earnings at $0.37 EPS.

A number of other brokerages have also recently issued reports on UUUU. HC Wainwright cut their target price on shares of Energy Fuels to $26.75 and set a “buy” rating for the company in a research report on Tuesday. Roth Capital downgraded Energy Fuels from a “neutral” rating to a “sell” rating and lifted their price objective for the stock from $7.25 to $11.50 in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $13.25.

Energy Fuels Stock Up 3.5%

Energy Fuels stock opened at $15.65 on Thursday. The firm has a market capitalization of $3.61 billion, a PE ratio of -31.94 and a beta of 1.79. Energy Fuels has a 52 week low of $3.20 and a 52 week high of $27.33. The firm’s 50-day simple moving average is $17.12 and its 200 day simple moving average is $10.43.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The firm had revenue of $4.21 million for the quarter. Energy Fuels’s quarterly revenue was up –51.7% on a year-over-year basis.

Hedge Funds Weigh In On Energy Fuels

Institutional investors and hedge funds have recently bought and sold shares of the stock. Alps Advisors Inc. boosted its holdings in shares of Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company’s stock valued at $59,433,000 after purchasing an additional 3,584,798 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Energy Fuels by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company’s stock worth $46,927,000 after buying an additional 1,231,484 shares during the period. Vanguard Group Inc. raised its position in shares of Energy Fuels by 50.6% in the 3rd quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock worth $182,420,000 after buying an additional 3,991,202 shares during the period. Ameriprise Financial Inc. boosted its holdings in Energy Fuels by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock valued at $52,918,000 after acquiring an additional 410,894 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in Energy Fuels during the second quarter valued at about $29,525,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insiders Place Their Bets

In related news, VP Scott Bakken sold 4,629 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $12.00, for a total transaction of $55,548.00. Following the transaction, the vice president owned 108,817 shares of the company’s stock, valued at approximately $1,305,804. This represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $14.85, for a total transaction of $148,500.00. Following the sale, the director owned 195,617 shares in the company, valued at approximately $2,904,912.45. This trade represents a 4.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 368,724 shares of company stock valued at $4,172,959 in the last ninety days. Insiders own 1.77% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.