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

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) have been given an average recommendation of "Moderate Buy" by the seven research firms that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $143.67.

Several analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price target on the stock. Craig Hallum began coverage on shares of Centrus Energy in a research note on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price objective for the company. HC Wainwright assumed coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a "buy" rating and a $300.00 target price on the stock. Finally, Evercore ISI started coverage on Centrus Energy in a research note on Wednesday, May 14th. They issued an "outperform" rating and a $145.00 target price on the stock.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total transaction of $359,428.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by company insiders.

Institutional Trading of Centrus Energy

A number of institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP purchased a new position in Centrus Energy during the 4th quarter valued at about $3,474,000. Barclays PLC grew its stake in Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company's stock valued at $2,061,000 after acquiring an additional 19,140 shares in the last quarter. Legacy Bridge LLC bought a new stake in Centrus Energy during the 4th quarter worth approximately $657,000. Exchange Traded Concepts LLC increased its holdings in Centrus Energy by 290.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock worth $4,732,000 after acquiring an additional 52,866 shares during the period. Finally, TB Alternative Assets Ltd. bought a new position in Centrus Energy in the 4th quarter valued at $7,907,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Centrus Energy Stock Up 19.0%

Shares of LEU traded up $17.74 on Friday, reaching $110.91. The company's stock had a trading volume of 2,624,160 shares, compared to its average volume of 718,964. The stock has a market capitalization of $1.86 billion, a PE ratio of 25.00 and a beta of 1.14. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. Centrus Energy has a twelve month low of $33.51 and a twelve month high of $122.95. The firm has a fifty day moving average of $72.98 and a 200-day moving average of $79.17.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. The company's revenue for the quarter was up 67.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.38) earnings per share. Equities analysts predict that Centrus Energy will post 2.63 EPS for the current year.

About Centrus Energy

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.