Centrus Energy (NYSE:LEU) Price Target Lowered to $62.00 at Roth Mkm

Centrus Energy (NYSE:LEU - Get Free Report) had its target price reduced by analysts at Roth Mkm from $65.00 to $62.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a "buy" rating on the stock. Roth Mkm's price target would indicate a potential upside of 41.01% from the company's current price.

A number of other research analysts also recently issued reports on LEU. B. Riley restated a "buy" rating and issued a $72.00 price objective on shares of Centrus Energy in a research note on Tuesday, February 13th. TheStreet raised shares of Centrus Energy from a "d-" rating to a "c" rating in a research report on Friday, February 9th. Finally, StockNews.com raised shares of Centrus Energy from a "sell" rating to a "hold" rating in a research report on Tuesday, April 30th.

Centrus Energy Stock Up 4.4 %

Shares of LEU stock traded up $1.84 on Thursday, hitting $43.97. The stock had a trading volume of 271,514 shares, compared to its average volume of 196,688. Centrus Energy has a 12-month low of $24.88 and a 12-month high of $61.35. The stock has a market cap of $689.45 million, a price-to-earnings ratio of 8.14 and a beta of 1.36. The business has a 50 day moving average of $41.97 and a 200 day moving average of $47.55. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its earnings results on Thursday, February 8th. The company reported $3.58 EPS for the quarter, topping the consensus estimate of $0.78 by $2.80. The firm had revenue of $103.60 million for the quarter, compared to analysts' expectations of $61.05 million. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. As a group, analysts expect that Centrus Energy will post 2.71 EPS for the current year.

Insider Activity at Centrus Energy

In other news, SVP John M. A. Donelson sold 16,073 shares of Centrus Energy stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $40.24, for a total value of $646,777.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.40% of the stock is currently owned by company insiders.

Institutional Trading of Centrus Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in LEU. Old West Investment Management LLC grew its position in shares of Centrus Energy by 105.0% during the 3rd quarter. Old West Investment Management LLC now owns 328,881 shares of the company's stock valued at $18,667,000 after purchasing an additional 168,425 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Centrus Energy by 189.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company's stock valued at $5,587,000 after acquiring an additional 64,421 shares in the last quarter. Heartland Advisors Inc. bought a new stake in shares of Centrus Energy during the 1st quarter valued at about $2,076,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Centrus Energy by 6.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company's stock worth $41,418,000 after purchasing an additional 47,789 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Centrus Energy in the third quarter worth approximately $2,448,000. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Company Profile

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.