Centrus Energy (NYSE:LEU) Now Covered by Analysts at Northland Securities

Equities researchers at Northland Securities assumed coverage on shares of Centrus Energy (NYSE:LEU - Get Free Report) in a research report issued on Monday, Marketbeat reports. The brokerage set an "outperform" rating and a $205.00 price target on the stock. Northland Securities' price objective would suggest a potential upside of 11.63% from the company's previous close.

A number of other analysts have also recently issued reports on the stock. Evercore ISI reissued an "outperform" rating and issued a $205.00 price objective (up from $145.00) on shares of Centrus Energy in a research note on Wednesday, June 18th. William Blair assumed coverage on shares of Centrus Energy in a research note on Wednesday, May 28th. They issued an "outperform" rating for the company. JPMorgan Chase & Co. assumed coverage on shares of Centrus Energy in a research report on Thursday, June 26th. They set a "neutral" rating and a $148.00 target price for the company. Bank of America assumed coverage on shares of Centrus Energy in a research report on Wednesday, June 4th. They set a "buy" rating and a $160.00 target price for the company. Finally, B. Riley restated a "buy" rating and set a $221.00 target price (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $170.00.

Centrus Energy Price Performance

Shares of NYSE LEU traded up $8.00 during midday trading on Monday, reaching $183.65. The stock had a trading volume of 1,048,050 shares, compared to its average volume of 865,979. The stock has a 50-day moving average of $129.49 and a 200-day moving average of $96.07. 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 company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 41.64 and a beta of 1.45. Centrus Energy has a 12-month low of $33.51 and a 12-month high of $211.31.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings data 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 net margin of 16.56% and a return on equity of 84.09%. The company's quarterly revenue was up 67.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.38) earnings per share. As a group, research analysts anticipate that Centrus Energy will post 2.63 EPS for the current fiscal year.

Insiders Place Their Bets

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Centrus Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Nuveen Asset Management LLC grew its stake in shares of Centrus Energy by 0.6% in the 4th quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock worth $1,947,000 after buying an additional 188 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after buying an additional 192 shares in the last quarter. Old West Investment Management LLC grew its stake in shares of Centrus Energy by 1.9% in the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock worth $676,000 after buying an additional 192 shares in the last quarter. Summit Investment Advisors Inc. grew its stake in shares of Centrus Energy by 16.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock worth $93,000 after buying an additional 195 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in shares of Centrus Energy by 4.6% in the 1st quarter. New York State Common Retirement Fund now owns 4,504 shares of the company's stock worth $280,000 after buying an additional 200 shares in the last quarter. 49.96% of the stock is owned by hedge funds and other 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.