Centrus Energy (NYSE:LEU) Rating Increased to Hold at UBS Group

Centrus Energy (NYSE:LEU - Get Free Report) was upgraded by research analysts at UBS Group to a "hold" rating in a report released on Monday, MarketBeat Ratings reports. The firm currently has a $215.00 price target on the stock. UBS Group's price target suggests a potential downside of 9.93% from the company's previous close.

LEU has been the topic of several other reports. William Blair reissued an "outperform" rating on shares of Centrus Energy in a research report on Wednesday, July 9th. Stifel Nicolaus started coverage on shares of Centrus Energy in a research report on Friday, July 11th. They issued a "buy" rating and a $220.00 target price on the stock. Bank of America started coverage on shares of Centrus Energy in a research report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 target price on the stock. JPMorgan Chase & Co. started coverage on shares of Centrus Energy in a research report on Thursday, June 26th. They issued a "neutral" rating and a $148.00 target price on the stock. Finally, B. Riley reissued a "buy" rating and issued a $221.00 target price (up from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. One analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $178.64.

Centrus Energy Price Performance

NYSE:LEU traded up $9.18 during mid-day trading on Monday, hitting $238.69. 621,595 shares of the company's stock traded hands, compared to its average volume of 973,455. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The firm's 50 day simple moving average is $163.73 and its 200 day simple moving average is $108.39. Centrus Energy has a 1 year low of $33.51 and a 1 year high of $250.88. The company has a market cap of $4.07 billion, a PE ratio of 54.13 and a beta of 1.45.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings results 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%. The company's revenue was up 67.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.38) earnings per share. Sell-side analysts expect that Centrus Energy will post 2.63 EPS for the current year.

Insiders Place Their Bets

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

Institutional Trading of Centrus Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in LEU. Charles Schwab Investment Management Inc. increased its stake in shares of Centrus Energy by 5.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company's stock worth $8,086,000 after buying an additional 6,709 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Centrus Energy in the fourth quarter worth $370,000. PNC Financial Services Group Inc. increased its stake in shares of Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after buying an additional 192 shares during the last quarter. Swiss National Bank increased its stake in shares of Centrus Energy by 2.6% in the fourth quarter. Swiss National Bank now owns 27,600 shares of the company's stock worth $1,838,000 after buying an additional 700 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Centrus Energy by 58.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 6,479 shares of the company's stock valued at $432,000 after purchasing an additional 2,384 shares during the last quarter. Institutional investors own 49.96% of the company's stock.

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.