FY2028 Earnings Forecast for Energy Fuels Issued By B. Riley

Key Points

• Analysts at B. Riley have lowered their FY2028 earnings estimate for Energy Fuels to $0.36 per share from $0.38, while maintaining a "Strong-Buy" rating on the stock.
• The average target price for Energy Fuels is $13.25, with a consensus rating of "Moderate Buy" from various analysts.
• Recently, institutional investors have increased their stakes in Energy Fuels, with Wealth Enhancement Advisory Services LLC boosting its position by 48.9%.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) - Analysts at B. Riley cut their FY2028 earnings estimates for shares of Energy Fuels in a research report issued on Wednesday, November 5th. B. Riley analyst N. Giles now expects that the company will earn $0.36 per share for the year, down from their previous estimate of $0.38. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Energy Fuels' current full-year earnings is ($0.10) per share. B. Riley also issued estimates for Energy Fuels' FY2029 earnings at $0.37 EPS.

A number of other equities research analysts have also recently commented on the company. HC Wainwright decreased their price target on Energy Fuels to $26.75 and set a "buy" rating on the stock in a report on Tuesday. Roth Capital cut Energy Fuels from a "neutral" rating to a "sell" rating and raised their price target for the company from $7.25 to $11.50 in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $13.25.

Energy Fuels Stock Performance

NYSEAMERICAN UUUU opened at $16.21 on Thursday. The company has a market capitalization of $3.74 billion, a PE ratio of -33.08 and a beta of 1.79. The business's fifty day moving average is $16.97 and its 200 day moving average is $10.32. Energy Fuels has a fifty-two week low of $3.20 and a fifty-two week high of $27.33.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). The company had revenue of $4.21 million during the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The firm's quarterly revenue was up –51.7% on a year-over-year basis.

Institutional Trading of Energy Fuels

Several large investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of Energy Fuels by 48.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 27,319 shares of the company's stock valued at $102,000 after acquiring an additional 8,972 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Energy Fuels by 16.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 99,620 shares of the company's stock valued at $372,000 after acquiring an additional 13,860 shares during the period. D.A. Davidson & CO. lifted its stake in Energy Fuels by 120.4% during the 1st quarter. D.A. Davidson & CO. now owns 49,097 shares of the company's stock valued at $183,000 after acquiring an additional 26,825 shares during the period. Alps Advisors Inc. boosted its holdings in Energy Fuels by 29.0% in the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after purchasing an additional 3,584,798 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in Energy Fuels in the first quarter valued at $84,000. Hedge funds and other institutional investors own 48.24% of the company's stock.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 6,000 shares of Energy Fuels stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $14.88, for a total value of $89,280.00. Following the completion of the sale, the director directly owned 218,881 shares in the company, valued at $3,256,949.28. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $14.85, for a total transaction of $148,500.00. Following the completion of the sale, the director directly owned 195,617 shares of the company's stock, valued at $2,904,912.45. The trade was a 4.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 618,724 shares of company stock valued at $6,782,959. 1.77% of the stock is currently owned by company insiders.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.

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