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Centrus Energy (NYSE:LEU) Now Covered by Analysts at Stifel Nicolaus

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Stock analysts at Stifel Nicolaus initiated coverage on shares of Centrus Energy (NYSE:LEU - Get Free Report) in a research note issued on Friday, Marketbeat reports. The brokerage set a "buy" rating and a $220.00 price target on the stock. Stifel Nicolaus' target price suggests a potential upside of 6.59% from the company's current price.

LEU has been the subject of a number of other reports. B. Riley reaffirmed a "buy" rating and set a $221.00 price target (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. Northland Securities assumed coverage on shares of Centrus Energy in a report on Monday. They issued an "outperform" rating and a $205.00 price target for the company. William Blair restated an "outperform" rating on shares of Centrus Energy in a report on Wednesday. Bank of America assumed coverage on shares of Centrus Energy in a research note on Wednesday, June 4th. They set a "buy" rating and a $160.00 price objective for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Centrus Energy in a research note on Thursday, June 26th. They set a "neutral" rating and a $148.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $175.00.

View Our Latest Report on LEU

Centrus Energy Price Performance

Shares of LEU stock traded up $8.94 on Friday, hitting $206.40. 1,242,436 shares of the stock traded hands, compared to its average volume of 878,572. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 46.80 and a beta of 1.45. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $211.31. The firm has a 50 day simple moving average of $141.20 and a two-hundred day simple moving average of $99.82. 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 (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 analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same period in the previous year, the company posted ($0.38) earnings per share. The firm's quarterly revenue was up 67.3% on a year-over-year basis. As a group, equities research analysts predict that Centrus Energy will post 2.63 earnings per share for the current fiscal year.

Insider Transactions 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 shares were sold at an average price of $126.00, for a total transaction of $217,728.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP John M. A. Donelson sold 3,732 shares of the company'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. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LEU. Nuveen Asset Management LLC grew its stake in Centrus Energy by 0.6% during the 4th quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock valued at $1,947,000 after acquiring an additional 188 shares in the last quarter. Old West Investment Management LLC increased its position in shares of Centrus Energy by 1.9% during the fourth quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock valued at $676,000 after purchasing an additional 192 shares during the period. PNC Financial Services Group Inc. grew its position in Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after acquiring an additional 192 shares during the period. Summit Investment Advisors Inc. grew its position in Centrus Energy by 16.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock valued at $93,000 after acquiring an additional 195 shares during the period. Finally, New York State Common Retirement Fund grew its position in Centrus Energy by 4.6% in the first quarter. New York State Common Retirement Fund now owns 4,504 shares of the company's stock valued at $280,000 after acquiring an additional 200 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

About Centrus Energy

(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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