Wall Street Zen upgraded shares of Centrus Energy (NYSE:LEU – Free Report) from a strong sell rating to a sell rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.
A number of other research firms also recently weighed in on LEU. Zacks Research downgraded Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Needham & Company LLC cut their target price on Centrus Energy from $262.00 to $206.00 and set a “buy” rating on the stock in a report on Tuesday, October 20th. UBS Group reduced their price target on Centrus Energy from $185.00 to $120.00 and set a “neutral” rating on the stock in a research report on Friday, October 23rd. Stifel Nicolaus decreased their price target on Centrus Energy from $246.00 to $216.00 and set a “buy” rating for the company in a research note on Tuesday, August 25th. Finally, Texas Capital upgraded Centrus Energy to a “strong-buy” rating in a research report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Centrus Energy currently has an average rating of “Moderate Buy” and an average price target of $191.88.
View Our Latest Stock Analysis on Centrus Energy
Centrus Energy Price Performance
LEU stock opened at $117.33 on Friday. The company has a fifty day moving average price of $134.84 and a 200-day moving average price of $180.14. The company has a market capitalization of $2.34 billion, a P/E ratio of 27.07, a PEG ratio of 8.87 and a beta of 1.40. Centrus Energy has a 52-week low of $84.86 and a 52-week high of $345.60. The company has a debt-to-equity ratio of 1.39, a quick ratio of 4.52 and a current ratio of 5.39.
Centrus Energy (NYSE:LEU – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.33). Centrus Energy had a return on equity of 9.58% and a net margin of 16.77%. The business had revenue of $55.50 million for the quarter. During the same quarter in the previous year, the business posted $0.19 EPS. The business’s revenue for the quarter was down 25.9% compared to the same quarter last year. As a group, equities analysts expect that Centrus Energy will post 3.49 EPS for the current year.
Hedge Funds Weigh In On Centrus Energy
Institutional investors and hedge funds have recently modified their holdings of the business. WINTON GROUP Ltd acquired a new stake in shares of Centrus Energy in the 2nd quarter valued at about $1,356,000. Arlington Capital Management Inc. acquired a new position in Centrus Energy during the 1st quarter worth approximately $3,115,000. Engineers Gate Manager LP raised its stake in Centrus Energy by 261.4% during the 2nd quarter. Engineers Gate Manager LP now owns 4,756 shares of the company’s stock worth $798,000 after buying an additional 3,440 shares during the period. California State Teachers Retirement System raised its stake in Centrus Energy by 24.3% during the 1st quarter. California State Teachers Retirement System now owns 19,606 shares of the company’s stock worth $3,403,000 after buying an additional 3,837 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Centrus Energy by 217.4% in the first quarter. Renaissance Technologies LLC now owns 160,542 shares of the company’s stock worth $27,868,000 after acquiring an additional 109,960 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors.
About Centrus Energy
Centrus Energy Corp. is a U.S.-based supplier of nuclear fuel and related services. Its main business includes providing low-enriched uranium (LEU), a fuel used by many commercial nuclear power plants, and uranium enrichment services to utilities and other customers.
The company also develops and operates centrifuge technology and provides engineering, manufacturing, and technical services to government and commercial customers. In recent years, Centrus has worked under U.S. Department of Energy contracts to demonstrate production of high-assay low-enriched uranium (HALEU), an advanced fuel intended for certain next-generation reactors.
Formerly known as USEC Inc, the company adopted the Centrus Energy name in 2014.
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