FY2028 EPS Estimates for Uranium Energy Increased by Analyst

Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) - National Bank Financial raised their FY2028 earnings per share (EPS) estimates for Uranium Energy in a research note issued to investors on Monday, June 2nd. National Bank Financial analyst M. Sidibe now anticipates that the basic materials company will post earnings per share of $0.68 for the year, up from their prior forecast of $0.57. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Uranium Energy's current full-year earnings is $0.01 per share.

Several other analysts have also recently weighed in on UEC. BMO Capital Markets assumed coverage on shares of Uranium Energy in a research report on Tuesday. They set an "outperform" rating and a $7.75 price objective on the stock. Stifel Nicolaus set a $10.50 price objective on Uranium Energy in a report on Wednesday, March 12th. National Bankshares set a $10.00 target price on Uranium Energy and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Stifel Canada raised Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, HC Wainwright reissued a "buy" rating and set a $12.25 price target on shares of Uranium Energy in a research note on Thursday, March 13th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Uranium Energy currently has an average rating of "Buy" and a consensus price target of $10.13.

Uranium Energy Trading Down 0.5%

Shares of Uranium Energy stock traded down $0.03 during trading on Wednesday, hitting $6.12. The stock had a trading volume of 13,700,305 shares, compared to its average volume of 8,583,224. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of -51.00 and a beta of 1.88. Uranium Energy has a 12 month low of $3.85 and a 12 month high of $8.93. The business's 50-day moving average is $5.22 and its 200 day moving average is $6.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. increased its position in shares of Uranium Energy by 947.4% during the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock valued at $26,000 after buying an additional 3,515 shares during the period. Generali Investments Management Co LLC bought a new stake in Uranium Energy during the 4th quarter valued at approximately $30,000. Versant Capital Management Inc purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $27,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $36,000. Finally, Farther Finance Advisors LLC raised its position in shares of Uranium Energy by 43.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,801 shares of the basic materials company's stock worth $36,000 after acquiring an additional 2,364 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.