Centrus Energy Corp. (NYSE:LEU - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $181.18, but opened at $163.46. Centrus Energy shares last traded at $169.35, with a volume of 901,551 shares changing hands.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on LEU shares. Evercore ISI restated an "outperform" rating and issued a $205.00 price target (up previously from $145.00) on shares of Centrus Energy in a report on Wednesday, June 18th. B. Riley restated a "buy" rating and issued a $221.00 price target (up previously from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. Craig Hallum started coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target for the company. Bank of America assumed coverage on shares of Centrus Energy in a report on Wednesday, June 4th. They issued a "buy" rating and a $160.00 price target for the company. Finally, William Blair assumed coverage on shares of Centrus Energy in a research note on Wednesday, May 28th. They set an "outperform" rating for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Centrus Energy currently has a consensus rating of "Hold" and an average price target of $165.63.
Read Our Latest Analysis on Centrus Energy
Centrus Energy Stock Performance
The company has a market cap of $2.87 billion, a PE ratio of 38.24 and a beta of 1.36. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The firm's 50-day simple moving average is $118.53 and its two-hundred day simple moving average is $92.28.
Centrus Energy (NYSE:LEU - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. Centrus Energy's revenue was up 67.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.38) EPS. As a group, research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.
Insider Activity at Centrus Energy
In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the company'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 Securities & Exchange Commission, which can be accessed through this link. 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 transaction of $359,428.92. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.
Institutional Investors Weigh In On Centrus Energy
A number of hedge funds have recently modified their holdings of LEU. Rhumbline Advisers grew its holdings in shares of Centrus Energy by 2.1% in the first quarter. Rhumbline Advisers now owns 21,870 shares of the company's stock valued at $1,361,000 after purchasing an additional 441 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Centrus Energy by 45.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,315 shares of the company's stock valued at $3,379,000 after purchasing an additional 17,014 shares during the period. Cape Investment Advisory Inc. grew its holdings in shares of Centrus Energy by 125.0% in the first quarter. Cape Investment Advisory Inc. now owns 900 shares of the company's stock valued at $56,000 after purchasing an additional 500 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Centrus Energy in the first quarter valued at about $625,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 during the period. 49.96% of the stock is currently owned by institutional investors and hedge funds.
Centrus Energy Company Profile
(
Get Free Report)
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.
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