Equities research analysts at Stifel Nicolaus assumed coverage on shares of Centrus Energy (NYSE:LEU - Get Free Report) in a report released on Friday, Marketbeat Ratings reports. The brokerage set a "buy" rating and a $220.00 price target on the stock. Stifel Nicolaus' target price points to a potential upside of 1.72% from the company's previous close.
A number of other equities research analysts have also issued reports on the company. 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 target for the company. Northland Capmk upgraded Centrus Energy to a "strong-buy" rating in a report on Monday, July 7th. B. Riley restated a "buy" rating and set a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. Bank of America began coverage on Centrus Energy in a report on Wednesday, June 4th. They set a "buy" rating and a $160.00 price objective on the stock. Finally, Evercore ISI restated an "outperform" rating and set a $205.00 price objective (up from $145.00) on shares of Centrus Energy in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.00.
Read Our Latest Report on Centrus Energy
Centrus Energy Trading Up 4.8%
Shares of LEU stock traded up $9.87 on Friday, reaching $216.27. 1,010,679 shares of the company's stock were exchanged, compared to its average volume of 881,194. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $219.16. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The stock has a market capitalization of $3.68 billion, a PE ratio of 49.04 and a beta of 1.45. The company's fifty day simple moving average is $141.20 and its 200 day simple moving average is $100.23.
Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. During the same quarter last year, the company posted ($0.38) earnings per share. Centrus Energy's quarterly revenue was up 67.3% compared to the same quarter last year. As a group, analysts forecast that Centrus Energy will post 2.63 EPS for the current year.
Insider Transactions at Centrus Energy
In other Centrus Energy news, SVP John M. A. Donelson sold 3,732 shares of Centrus Energy stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible 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 value of $217,728.00. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.
Institutional Trading of Centrus Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Anatole Investment Management Ltd acquired a new position in shares of Centrus Energy in the 4th quarter valued at about $27,880,000. Soros Fund Management LLC acquired a new position in shares of Centrus Energy in the 4th quarter valued at about $14,821,000. Voloridge Investment Management LLC lifted its holdings in shares of Centrus Energy by 1,300.5% in the 4th quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company's stock valued at $15,664,000 after buying an additional 218,364 shares during the period. Granahan Investment Management LLC acquired a new position in shares of Centrus Energy in the 1st quarter valued at about $13,440,000. Finally, Driehaus Capital Management LLC acquired a new position in shares of Centrus Energy in the 4th quarter valued at about $10,367,000. Institutional investors and hedge funds own 49.96% of the company's stock.
Centrus Energy Company Profile
(
Get Free Report)
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.
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