Centrus Energy Corp. (NYSE:LEU - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $190.04, but opened at $198.76. Centrus Energy shares last traded at $202.49, with a volume of 489,682 shares.
Wall Street Analyst Weigh In
LEU has been the subject of a number of research analyst reports. Citigroup initiated coverage on shares of Centrus Energy in a research note on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 target price for the company. Craig Hallum started coverage on Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price objective for the company. William Blair assumed coverage on Centrus Energy in a research note on Wednesday, May 28th. They issued an "outperform" rating on the stock. Bank of America assumed coverage on Centrus Energy in a research note on Wednesday, June 4th. They issued a "buy" rating and a $160.00 target price for the company. Finally, HC Wainwright began coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a "buy" rating and a $300.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $154.57.
View Our Latest Report on LEU
Centrus Energy Trading Down 0.2%
The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The company has a market cap of $3.23 billion, a P/E ratio of 43.21 and a beta of 1.37. The business has a 50-day moving average price of $106.91 and a two-hundred day moving average price of $88.65.
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, topping 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%. The firm's revenue was up 67.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.38) EPS. On average, analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.
Insiders Place Their Bets
In other Centrus Energy news, SVP John M. A. Donelson sold 3,732 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Kevin J. Harrill sold 1,728 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.
Institutional Investors Weigh In On Centrus Energy
Several hedge funds have recently bought and sold shares of LEU. Venturi Wealth Management LLC bought a new stake in shares of Centrus Energy during the 4th quarter valued at $113,000. Canton Hathaway LLC acquired a new stake in shares of Centrus Energy during the 4th quarter worth approximately $161,000. Cape Investment Advisory Inc. bought a new position in Centrus Energy in the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new position in Centrus Energy in the fourth quarter valued at approximately $225,000. Finally, Reaves W H & Co. Inc. acquired a new position in Centrus Energy during the fourth quarter valued at approximately $15,215,000. 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.
See Also
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