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

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the thirteen brokerages that are currently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $246.1667.

Several analysts have recently weighed in on LEU shares. Zacks Research raised shares of Centrus Energy from a "strong sell" rating to a "hold" rating in a report on Monday, May 18th. Bank of America cut their price target on shares of Centrus Energy from $240.00 to $205.00 and set a "neutral" rating for the company in a report on Thursday, July 9th. Truist Financial began coverage on shares of Centrus Energy in a research report on Monday, July 13th. They issued a "buy" rating and a $215.00 price objective for the company. UBS Group lowered their price objective on Centrus Energy from $195.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, June 16th. Finally, Roth Capital reiterated a "neutral" rating and set a $188.00 target price on shares of Centrus Energy in a research report on Thursday.

Centrus Energy Price Performance

Shares of NYSE LEU opened at $188.77 on Tuesday. The stock has a fifty day moving average price of $170.90 and a 200 day moving average price of $196.54. Centrus Energy has a 1-year low of $142.13 and a 1-year high of $464.25. The company has a debt-to-equity ratio of 1.39, a current ratio of 5.39 and a quick ratio of 4.52. The company has a market cap of $3.71 billion, a PE ratio of 85.80, a P/E/G ratio of 24.59 and a beta of 1.36.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $1.03. The company had revenue of $176.10 million for the quarter. Centrus Energy had a net margin of 10.23% and a return on equity of 7.06%. The business's quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.59 earnings per share. Sell-side analysts forecast that Centrus Energy will post 2.6 EPS for the current year.

Institutional Trading of Centrus Energy

A number of institutional investors have recently modified their holdings of LEU. Vanguard Group Inc. lifted its holdings in Centrus Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 1,086,443 shares of the company's stock valued at $263,745,000 after acquiring an additional 14,325 shares during the period. Van ECK Associates Corp grew its stake in shares of Centrus Energy by 14.7% during the 4th quarter. Van ECK Associates Corp now owns 895,867 shares of the company's stock worth $217,481,000 after purchasing an additional 114,881 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Centrus Energy by 43.3% during the 4th quarter. Bank of New York Mellon Corp now owns 473,145 shares of the company's stock worth $114,861,000 after purchasing an additional 143,069 shares during the period. Geode Capital Management LLC increased its holdings in shares of Centrus Energy by 7.8% in the 4th quarter. Geode Capital Management LLC now owns 414,933 shares of the company's stock valued at $100,746,000 after purchasing an additional 29,857 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Centrus Energy by 126.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 371,822 shares of the company's stock valued at $90,265,000 after purchasing an additional 207,316 shares in the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.

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