Analysts Set Expectations for Uranium Energy FY2025 Earnings

Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) - Equities researchers at HC Wainwright dropped their FY2025 EPS estimates for shares of Uranium Energy in a note issued to investors on Tuesday, June 3rd. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will earn ($0.18) per share for the year, down from their prior forecast of ($0.15). HC Wainwright currently has a "Buy" rating and a $12.25 target price on the stock. The consensus estimate for Uranium Energy's current full-year earnings is $0.01 per share.

A number of other research analysts have also weighed in on UEC. National Bank Financial initiated coverage on Uranium Energy in a research report on Wednesday, February 12th. They set an "outperform" rating and a $10.00 price objective for the company. BMO Capital Markets began coverage on Uranium Energy in a report on Tuesday. They set an "outperform" rating and a $7.75 price target for the company. National Bankshares set a $10.00 price target on Uranium Energy and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Stifel Nicolaus set a $10.50 price objective on shares of Uranium Energy in a research report on Wednesday, March 12th. Finally, Stifel Canada upgraded shares of Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $10.13.

Uranium Energy Price Performance

NYSEAMERICAN UEC traded down $0.03 during trading hours on Thursday, reaching $6.12. 13,700,305 shares of the company's stock traded hands, compared to its average volume of 8,589,017. Uranium Energy has a 52-week low of $3.85 and a 52-week high of $8.93. The firm has a 50-day simple moving average of $5.25 and a 200 day simple moving average of $6.45. The firm has a market cap of $2.59 billion, a PE ratio of -51.00 and a beta of 1.88.

Institutional Investors Weigh In On Uranium Energy

Several large investors have recently bought and sold shares of the business. Barclays PLC boosted its holdings in Uranium Energy by 394.5% in the third quarter. Barclays PLC now owns 697,045 shares of the basic materials company's stock worth $4,329,000 after purchasing an additional 556,081 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Uranium Energy by 22.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,975 shares of the basic materials company's stock worth $114,000 after buying an additional 3,150 shares during the last quarter. KBC Group NV grew its holdings in shares of Uranium Energy by 62.5% in the fourth quarter. KBC Group NV now owns 18,471 shares of the basic materials company's stock worth $124,000 after acquiring an additional 7,106 shares during the period. DAVENPORT & Co LLC bought a new stake in shares of Uranium Energy in the fourth quarter worth $140,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Uranium Energy during the fourth quarter valued at $323,000. 62.28% of the stock is currently owned by institutional investors.

Uranium Energy Company Profile

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.