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

Key Points

• Nine brokerages give Uranium Energy (NYSEAMERICAN:UEC) an average rating of Moderate Buy (1 strong buy, 6 buy, 2 hold) with an average 12‑month price target of about $17.66.
• In Q1 UEC reported EPS of ($0.03), matching estimates, and revenue of $20.2M which topped estimates of $12.85M; sell‑side analysts project about 0.01 EPS for the current year.
• Institutions own 62.28% of the shares with recent inflows from HSBC, ARP Global, Pacer Advisors and Balboa Wealth; UEC trades near $15.16 with a $7.43B market cap and a 52‑week range of $4.66–$20.34.

Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Get Free Report) have been given an average rating of "Moderate Buy" by the nine brokerages that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $17.6563.

UEC has been the subject of several research reports. National Bank Financial lifted their price target on Uranium Energy from $15.50 to $16.50 and gave the company an "outperform" rating in a report on Friday, December 19th. HC Wainwright raised their price objective on shares of Uranium Energy from $26.50 to $26.75 and gave the company a "buy" rating in a research report on Wednesday, March 11th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $18.00 price objective on shares of Uranium Energy in a research report on Wednesday, February 4th. Roth Mkm set a $17.00 price objective on shares of Uranium Energy in a research report on Wednesday, March 11th. Finally, TD Securities cut their price objective on shares of Uranium Energy from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Wednesday, March 11th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UEC. Balboa Wealth Partners raised its stake in shares of Uranium Energy by 2.9% in the first quarter. Balboa Wealth Partners now owns 27,820 shares of the basic materials company's stock valued at $376,000 after purchasing an additional 775 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Uranium Energy in the fourth quarter valued at $2,857,000. ARP Global Capital Ltd acquired a new position in shares of Uranium Energy in the fourth quarter valued at $1,150,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Uranium Energy in the fourth quarter valued at $39,000. Finally, Pacer Advisors Inc. acquired a new position in shares of Uranium Energy in the fourth quarter valued at $2,190,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Uranium Energy Stock Up 2.3%

NYSEAMERICAN:UEC opened at $15.16 on Friday. The business's 50-day moving average price is $14.38 and its 200 day moving average price is $14.19. The firm has a market cap of $7.43 billion, a P/E ratio of -126.33 and a beta of 1.18. Uranium Energy has a 52-week low of $4.66 and a 52-week high of $20.34.

Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last released its earnings results on Tuesday, March 10th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.03). The firm had revenue of $20.20 million for the quarter, compared to analyst estimates of $12.85 million. Sell-side analysts expect that Uranium Energy will post 0.01 EPS for the current 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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