Energy Fuels Inc. (NYSE:UUUU - Free Report) - Research analysts at Roth Capital lifted their Q3 2024 earnings per share estimates for shares of Energy Fuels in a report issued on Monday, April 22nd. Roth Capital analyst J. Reagor now forecasts that the company will earn ($0.04) per share for the quarter, up from their previous estimate of ($0.05). The consensus estimate for Energy Fuels' current full-year earnings is ($0.16) per share. Roth Capital also issued estimates for Energy Fuels' Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at ($0.13) EPS and FY2025 earnings at $0.07 EPS.
UUUU has been the subject of a number of other reports. Roth Mkm boosted their target price on shares of Energy Fuels from $9.25 to $10.50 and gave the company a "buy" rating in a research report on Tuesday, January 23rd. B. Riley initiated coverage on Energy Fuels in a report on Thursday, April 18th. They set a "buy" rating and a $9.00 target price on the stock. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $9.83.
Check Out Our Latest Stock Analysis on Energy Fuels
Energy Fuels Stock Up 2.5 %
Shares of NYSE:UUUU traded up $0.13 during trading on Wednesday, hitting $5.37. The stock had a trading volume of 3,201,657 shares, compared to its average volume of 2,957,602. Energy Fuels has a 12-month low of $5.02 and a 12-month high of $9.02. The firm has a market capitalization of $866.02 million, a PE ratio of 8.32 and a beta of 1.53. The business's 50-day moving average price is $6.83.
Energy Fuels (NYSE:UUUU - Get Free Report) last posted its quarterly earnings results on Friday, February 23rd. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.10). Energy Fuels had a negative return on equity of 7.97% and a net margin of 263.04%. The company had revenue of $0.47 million during the quarter, compared to analysts' expectations of $6.45 million.
Insider Buying and Selling at Energy Fuels
In other news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total transaction of $92,800.00. Following the transaction, the director now owns 187,380 shares in the company, valued at approximately $1,738,886.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.30% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Energy Fuels
Several hedge funds and other institutional investors have recently made changes to their positions in UUUU. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Energy Fuels by 7.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,368,888 shares of the company's stock worth $67,498,000 after purchasing an additional 638,709 shares during the last quarter. Alps Advisors Inc. boosted its position in shares of Energy Fuels by 16.1% during the 3rd quarter. Alps Advisors Inc. now owns 8,763,538 shares of the company's stock valued at $72,036,000 after acquiring an additional 1,212,972 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Energy Fuels by 17.2% in the third quarter. Ameriprise Financial Inc. now owns 6,879,065 shares of the company's stock valued at $56,546,000 after purchasing an additional 1,009,007 shares during the period. Vanguard Group Inc. increased its position in Energy Fuels by 0.3% during the third quarter. Vanguard Group Inc. now owns 5,820,471 shares of the company's stock worth $47,844,000 after purchasing an additional 19,558 shares during the last quarter. Finally, MMCAP International Inc. SPC raised its stake in Energy Fuels by 50.7% during the fourth quarter. MMCAP International Inc. SPC now owns 3,693,009 shares of the company's stock worth $25,888,000 after purchasing an additional 1,242,546 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.
About Energy Fuels
(
Get Free Report)
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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