Centrus Energy Corp. (NYSE:LEU) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Centrus Energy Corp. has received a consensus rating of "Moderate Buy" from fourteen analysts, with seven recommending a buy and one a strong buy.
• The company's stock has a 52-week low of $34.91 and a high of $264.90, currently opening at $185.28.
• In the latest earnings report, Centrus Energy reported $1.59 EPS, significantly beating the consensus estimate of $0.58, although revenue decreased by 18.3% year-over-year.

Centrus Energy Corp. (NYSE:LEU - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fourteen analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $202.0909.

Several research firms recently commented on LEU. B. Riley reiterated a "buy" rating and issued a $221.00 target price (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. Stifel Nicolaus initiated coverage on Centrus Energy in a research note on Friday, July 11th. They issued a "buy" rating and a $220.00 target price for the company. Northland Securities set a $275.00 price target on Centrus Energy in a research note on Thursday, August 7th. William Blair restated an "outperform" rating on shares of Centrus Energy in a research note on Wednesday, July 9th. Finally, Evercore ISI upped their price target on Centrus Energy from $251.00 to $252.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th.

Institutional Investors Weigh In On Centrus Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in LEU. Anatole Investment Management Ltd acquired a new stake in Centrus Energy during the fourth quarter worth about $27,880,000. Soros Fund Management LLC acquired a new stake in Centrus Energy during the fourth quarter worth about $14,821,000. Voloridge Investment Management LLC increased its stake in Centrus Energy by 1,300.5% during the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company's stock worth $15,664,000 after acquiring an additional 218,364 shares during the last quarter. Granahan Investment Management LLC acquired a new stake in Centrus Energy during the first quarter worth about $13,440,000. Finally, American Century Companies Inc. increased its stake in Centrus Energy by 483.8% during the second quarter. American Century Companies Inc. now owns 247,352 shares of the company's stock worth $45,310,000 after acquiring an additional 204,983 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Trading Down 3.7%

Centrus Energy stock traded down $7.65 during trading on Tuesday, hitting $201.73. The company's stock had a trading volume of 1,433,952 shares, compared to its average volume of 1,062,935. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 45.74 and a beta of 1.35. The stock's fifty day moving average is $202.73 and its 200 day moving average is $131.63. Centrus Energy has a 1-year low of $34.91 and a 1-year high of $264.90. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93.

Centrus Energy (NYSE:LEU - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.Centrus Energy's revenue was down 18.3% on a year-over-year basis. During the same period last year, the company earned $1.89 earnings per share. As a group, equities research analysts predict that Centrus Energy will post 2.63 EPS for the current year.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.