Uranium Energy Corp. (NYSEAMERICAN:UEC) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts give UEC a consensus rating of “Moderate Buy” (nine analysts: 1 strong buy, 6 buy, 2 hold) with an average 12‑month target of $17.53.
• Large institutional buying—Vanguard boosted its stake to 35.7M shares (+34.5%) and Norges Bank opened a ~$105M position—leaving institutions owning 62.28% of the company.
• Shares opened at $12.09, trade within a 1‑year range of $3.85–$20.34 with a $5.93B market cap, and the latest quarter showed $20.2M in revenue (above estimates) with EPS of (‑$0.03) in line with consensus.

Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $17.5313.

A number of brokerages have issued reports on UEC. The Goldman Sachs Group reissued a "buy" rating and issued a $18.00 target price on shares of Uranium Energy in a research report on Wednesday, February 4th. HC Wainwright lifted their price objective on Uranium Energy from $26.50 to $26.75 and gave the company a "buy" rating in a research note on Wednesday, March 11th. TD Securities cut their price objective on Uranium Energy from $22.00 to $21.00 and set a "buy" rating on the stock in a report on Wednesday, March 11th. National Bank Financial increased their target price on Uranium Energy from $15.50 to $16.50 and gave the stock an "outperform" rating in a research note on Friday, December 19th. Finally, Roth Mkm restated a "buy" rating and set a $16.00 target price on shares of Uranium Energy in a report on Thursday, December 11th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in Uranium Energy by 34.5% in the 3rd quarter. Vanguard Group Inc. now owns 35,726,216 shares of the basic materials company's stock valued at $476,588,000 after buying an additional 9,159,024 shares during the period. Norges Bank purchased a new stake in shares of Uranium Energy during the second quarter worth $105,058,000. Osaic Holdings Inc. raised its stake in shares of Uranium Energy by 88.4% in the second quarter. Osaic Holdings Inc. now owns 214,323 shares of the basic materials company's stock valued at $1,457,000 after acquiring an additional 100,560 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of Uranium Energy by 38.2% in the third quarter. Pinnacle Associates Ltd. now owns 1,463,561 shares of the basic materials company's stock valued at $19,524,000 after acquiring an additional 404,799 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Uranium Energy by 195.0% in the third quarter. Voya Investment Management LLC now owns 1,605,986 shares of the basic materials company's stock valued at $21,424,000 after purchasing an additional 1,061,566 shares during the period. Hedge funds and other institutional investors own 62.28% of the company's stock.

Uranium Energy Price Performance

Shares of UEC opened at $12.09 on Monday. The firm has a 50-day simple moving average of $15.96 and a two-hundred day simple moving average of $14.08. The stock has a market cap of $5.93 billion, a PE ratio of -100.75 and a beta of 1.21. Uranium Energy has a 1-year low of $3.85 and a 1-year high of $20.34.

Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The basic materials company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $20.20 million during the quarter, compared to analyst estimates of $12.85 million. As a group, sell-side analysts expect that Uranium Energy will post 0.01 earnings per share for the current fiscal year.

Uranium Energy Company Profile

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company's core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy's approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company's primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.

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