Centrus Energy (NYSE:LEU) Price Target Raised to $205.00 at Evercore ISI

Centrus Energy (NYSE:LEU - Get Free Report) had its price objective upped by equities researchers at Evercore ISI from $145.00 to $205.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Evercore ISI's price objective suggests a potential upside of 13.77% from the stock's previous close.

LEU has been the subject of several other research reports. Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 target price for the company. Bank of America initiated coverage on shares of Centrus Energy in a research note on Wednesday, June 4th. They set a "buy" rating and a $160.00 target price for the company. William Blair assumed coverage on shares of Centrus Energy in a research report on Wednesday, May 28th. They set an "outperform" rating on the stock. Craig Hallum initiated coverage on Centrus Energy in a research note on Tuesday, April 1st. They set a "buy" rating and a $129.00 target price on the stock. Finally, HC Wainwright initiated coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $154.57.

Centrus Energy Stock Up 4.1%

LEU traded up $7.15 during trading on Wednesday, reaching $180.18. 706,724 shares of the stock traded hands, compared to its average volume of 806,753. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 40.93 and a beta of 1.37. 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 fifty-two week low of $33.51 and a fifty-two week high of $181.15. The stock's 50-day simple moving average is $99.65 and its two-hundred day simple moving average is $86.39.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, beating 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 business's quarterly revenue was up 67.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.38) earnings per share. As a group, equities research analysts expect that Centrus Energy will post 2.63 EPS for the current year.

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was 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 Securities & Exchange Commission, which is available at this link. Also, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were 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 modified their holdings of LEU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Centrus Energy by 3.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company's stock valued at $62,955,000 after purchasing an additional 32,002 shares in the last quarter. Vanguard Group Inc. lifted its position in Centrus Energy by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company's stock worth $64,438,000 after acquiring an additional 71,872 shares in the last quarter. Anatole Investment Management Ltd acquired a new position in Centrus Energy in the 4th quarter worth $27,880,000. Geode Capital Management LLC grew its position in shares of Centrus Energy by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 325,603 shares of the company's stock worth $21,694,000 after buying an additional 5,668 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Centrus Energy by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company's stock worth $21,375,000 after buying an additional 8,539 shares during the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.