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

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) have received an average recommendation of "Moderate Buy" from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $170.00.

LEU has been the subject of a number of research reports. B. Riley reaffirmed a "buy" rating and issued a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. Craig Hallum assumed coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target on the stock. JPMorgan Chase & Co. assumed coverage on shares of Centrus Energy in a research report on Thursday, June 26th. They set a "neutral" rating and a $148.00 price target on the stock. Evercore ISI reaffirmed an "outperform" rating and set a $205.00 target price (up from $145.00) on shares of Centrus Energy in a research note on Wednesday, June 18th. Finally, William Blair reaffirmed an "outperform" rating on shares of Centrus Energy in a research report on Wednesday.

Centrus Energy Trading Up 3.2%

LEU stock traded up $5.52 during mid-day trading on Monday, hitting $179.37. 474,928 shares of the company were exchanged, compared to its average volume of 869,925. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm has a market capitalization of $3.06 billion, a P/E ratio of 40.67 and a beta of 1.45. The business has a fifty day simple moving average of $133.81 and a 200-day simple moving average of $97.42. Centrus Energy has a 12-month low of $33.51 and a 12-month high of $211.31.

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 net margin of 16.56% and a return on equity of 84.09%. The business's revenue for the quarter was up 67.3% on a year-over-year basis. During the same period last year, the company posted ($0.38) EPS. On average, equities research analysts predict that Centrus Energy will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Centrus Energy

In other news, CFO Kevin J. Harrill sold 1,728 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP John M. A. Donelson sold 3,732 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total value of $359,428.92. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. NBC Securities Inc. grew its position in shares of Centrus Energy by 2.4% in the 2nd quarter. NBC Securities Inc. now owns 10,516 shares of the company's stock valued at $1,926,000 after buying an additional 244 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Centrus Energy by 2.1% in the 1st quarter. Rhumbline Advisers now owns 21,870 shares of the company's stock valued at $1,361,000 after purchasing an additional 441 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Centrus Energy by 45.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,315 shares of the company's stock valued at $3,379,000 after purchasing an additional 17,014 shares during the last quarter. Cape Investment Advisory Inc. lifted its holdings in shares of Centrus Energy by 125.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 900 shares of the company's stock valued at $56,000 after purchasing an additional 500 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Centrus Energy during the first quarter worth approximately $625,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

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.