Centrus Energy (NYSE:LEU) Earns Outperform Rating from Analysts at Northland Securities

Analysts at Northland Securities started coverage on shares of Centrus Energy (NYSE:LEU - Get Free Report) in a note issued to investors on Monday, Marketbeat reports. The brokerage set an "outperform" rating and a $205.00 price target on the stock. Northland Securities' price target would suggest a potential upside of 3.82% from the company's previous close.

Several other analysts have also weighed in on LEU. B. Riley reaffirmed a "buy" rating and issued a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. JPMorgan Chase & Co. initiated coverage on Centrus Energy in a research note on Thursday, June 26th. They set a "neutral" rating and a $148.00 price target on the stock. Evercore ISI reissued an "outperform" rating and set a $205.00 price target (up from $145.00) on shares of Centrus Energy in a research note on Wednesday, June 18th. Craig Hallum initiated coverage on Centrus Energy in a research note on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target on the stock. Finally, William Blair initiated coverage on Centrus Energy in a research note on Wednesday, May 28th. They set an "outperform" rating on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $170.00.

Centrus Energy Price Performance

NYSE:LEU traded up $18.09 during trading hours on Monday, hitting $197.46. The company's stock had a trading volume of 1,516,638 shares, compared to its average volume of 872,506. The stock has a fifty day simple moving average of $136.01 and a 200-day simple moving average of $97.98. The company has a market capitalization of $3.36 billion, a P/E ratio of 44.78 and a beta of 1.45. 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 twelve month low of $33.51 and a twelve month high of $211.31.

Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, beating 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%. The firm's revenue was up 67.3% on a year-over-year basis. During the same period last year, the firm earned ($0.38) EPS. On average, analysts anticipate that Centrus Energy will post 2.63 EPS for the current fiscal year.

Insider Activity at Centrus Energy

In related news, CFO Kevin J. Harrill sold 1,728 shares of the company's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction 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. 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. Anatole Investment Management Ltd bought a new stake in shares of Centrus Energy during the 4th quarter valued at $27,880,000. Soros Fund Management LLC bought a new stake in shares of Centrus Energy during the 4th quarter valued at $14,821,000. Voloridge Investment Management LLC raised its stake in shares of Centrus Energy by 1,300.5% during the 4th quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company's stock valued at $15,664,000 after purchasing an additional 218,364 shares during the period. Granahan Investment Management LLC bought a new stake in shares of Centrus Energy during the 1st quarter valued at $13,440,000. Finally, Driehaus Capital Management LLC bought a new stake in shares of Centrus Energy during the 4th quarter valued at $10,367,000. 49.96% of the stock is currently owned by institutional investors.

About Centrus Energy

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.