Centrus Energy (NYSE:LEU) Issues Earnings Results, Beats Expectations By $0.72 EPS

Key Points

• Centrus reported $1.05 EPS for the quarter, beating the consensus $0.33 estimate by $0.72, and posted a 15.52% return on equity and a 17.34% net margin.
• Shares traded down 0.3% to $206.35 after the release, valuing the company at about $4.06 billion with a P/E of 49.48 and a 12‑month range of $70.43–$464.25.
• Institutional investors own roughly 49.96% of the stock and Price T. Rowe Associates boosted its stake by 126% to 371,822 shares, while analysts hold a consensus Moderate Buy rating with an average target of $268.82 despite recent price‑target cuts.

Centrus Energy (NYSE:LEU - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.72, Zacks reports. Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.

Centrus Energy Stock Down 0.3%

Shares of NYSE LEU traded down $0.57 during mid-day trading on Tuesday, reaching $206.35. 911,899 shares of the company's stock were exchanged, compared to its average volume of 1,039,430. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 18.44 and a beta of 1.43. The company has a current ratio of 5.59, a quick ratio of 4.83 and a debt-to-equity ratio of 1.54. The business has a fifty day simple moving average of $197.83 and a 200 day simple moving average of $253.50. Centrus Energy has a twelve month low of $70.43 and a twelve month high of $464.25.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Centrus Energy by 126.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 371,822 shares of the company's stock worth $90,265,000 after buying an additional 207,316 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Centrus Energy by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 358,799 shares of the company's stock worth $111,260,000 after buying an additional 10,333 shares in the last quarter. Anatole Investment Management Ltd grew its holdings in shares of Centrus Energy by 1.7% during the third quarter. Anatole Investment Management Ltd now owns 162,000 shares of the company's stock worth $50,231,000 after buying an additional 2,700 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Centrus Energy by 61.6% during the third quarter. Franklin Resources Inc. now owns 143,967 shares of the company's stock worth $44,640,000 after buying an additional 54,851 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in shares of Centrus Energy by 1,357.4% during the fourth quarter. Squarepoint Ops LLC now owns 114,567 shares of the company's stock worth $27,812,000 after buying an additional 106,706 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

LEU has been the topic of a number of research analyst reports. Zacks Research lowered Centrus Energy from a "hold" rating to a "strong sell" rating in a research report on Friday, April 17th. B. Riley Financial dropped their price target on Centrus Energy from $315.00 to $295.00 and set a "buy" rating on the stock in a research report on Friday, April 24th. UBS Group dropped their price target on Centrus Energy from $245.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, March 5th. Roth Mkm reaffirmed a "neutral" rating and set a $137.00 price target on shares of Centrus Energy in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. dropped their price target on Centrus Energy from $245.00 to $242.00 and set a "neutral" rating on the stock in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $268.82.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.

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