Q3 2024 EPS Estimates for Energy Fuels Inc. (NYSE:UUUU) Lifted by Roth Capital

Energy Fuels Inc. (NYSE:UUUU) – Equities researchers at Roth Capital lifted their Q3 2024 EPS estimates for Energy Fuels in a note issued to investors on Monday, April 22nd. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of ($0.04) 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.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings data on Friday, February 23rd. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.10). The business had revenue of $0.47 million for the quarter, compared to the consensus estimate of $6.45 million. Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%.

Several other equities analysts have also weighed in on UUUU. Roth Mkm raised their price objective 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 began coverage on shares of Energy Fuels in a research report on Thursday, April 18th. They issued a “buy” rating and a $9.00 price target on the stock. One analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $9.83.

Energy Fuels Stock Performance

Shares of UUUU opened at $5.37 on Wednesday. The company has a market capitalization of $866.02 million, a price-to-earnings ratio of 8.48 and a beta of 1.53. The company’s 50 day simple moving average is $6.80. Energy Fuels has a twelve month low of $5.08 and a twelve month high of $9.02.

Insider Activity

In other news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total value of $92,800.00. Following the transaction, the director now owns 187,380 shares of the company’s stock, valued at $1,738,886.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently modified their holdings of the stock. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Energy Fuels in the fourth quarter worth $31,000. Optiver Holding B.V. grew its stake in shares of Energy Fuels by 1,282.2% in the fourth quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock worth $32,000 after acquiring an additional 4,103 shares during the last quarter. IFP Advisors Inc acquired a new stake in Energy Fuels during the third quarter worth $51,000. Exchange Traded Concepts LLC acquired a new stake in Energy Fuels during the third quarter worth $63,000. Finally, Avior Wealth Management LLC acquired a new stake in Energy Fuels during the third quarter worth $64,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

About Energy Fuels

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.