Brokerages Set Centrus Energy Corp. (NYSE:LEU) PT at $165.63

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twelve research firms that are presently covering the stock, Marketbeat.com reports. Four 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 price objective among brokerages that have updated their coverage on the stock in the last year is $170.00.

Several research firms recently weighed in on LEU. Northland Securities started coverage on shares of Centrus Energy in a research note on Monday. They set an "outperform" rating and a $205.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on Centrus Energy in a research note on Thursday, June 26th. They set a "neutral" rating and a $148.00 price objective on the stock. Evercore ISI restated an "outperform" rating and issued a $205.00 price target (up from $145.00) on shares of Centrus Energy in a report on Wednesday, June 18th. Northland Capmk upgraded Centrus Energy to a "strong-buy" rating in a research report on Monday. Finally, B. Riley restated a "buy" rating and set a $221.00 target price (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd.

Insider Transactions at Centrus Energy

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

Hedge Funds Weigh In On Centrus Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Exchange Traded Concepts LLC grew its position in shares of Centrus Energy by 35.2% during the 2nd quarter. Exchange Traded Concepts LLC now owns 73,112 shares of the company's stock worth $13,393,000 after purchasing an additional 19,051 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Centrus Energy by 12.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,236 shares of the company's stock worth $1,271,000 after acquiring an additional 787 shares during the period. Baader Bank Aktiengesellschaft acquired a new position in Centrus Energy in the 2nd quarter valued at $1,302,000. NBC Securities Inc. lifted its position in shares of Centrus Energy by 2.4% during the 2nd quarter. NBC Securities Inc. now owns 10,516 shares of the company's stock valued at $1,926,000 after acquiring an additional 244 shares during the period. Finally, Rhumbline Advisers grew its holdings in shares of Centrus Energy by 2.1% during the 1st quarter. Rhumbline Advisers now owns 21,870 shares of the company's stock worth $1,361,000 after purchasing an additional 441 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Trading Up 10.1%

Shares of NYSE LEU traded up $18.09 during midday trading on Monday, hitting $197.46. The stock had a trading volume of 1,514,887 shares, compared to its average volume of 872,496. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $211.31. The firm has a market cap of $3.36 billion, a P/E ratio of 44.78 and a beta of 1.45. The company's 50-day simple moving average is $136.01 and its 200 day simple moving average is $97.98.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share 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%. Centrus Energy's revenue for the quarter was up 67.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.38) earnings per share. Research analysts anticipate 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.