Centrus Energy Corp. (NYSE:LEU) Receives $252.92 Average Price Target from Brokerages

Shares of Centrus Energy Corp. (NYSE:LEU) have been given a consensus recommendation of “Moderate Buy” by the fifteen analysts that are covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $263.00.

A number of research firms recently commented on LEU. Needham & Company LLC reissued a “buy” rating and issued a $357.00 target price on shares of Centrus Energy in a research note on Monday, December 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Centrus Energy in a research report on Monday, December 29th. Northland Securities set a $285.00 target price on Centrus Energy in a research report on Thursday, February 12th. B. Riley Financial increased their price target on shares of Centrus Energy from $221.00 to $315.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Finally, Zacks Research lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th.

Hedge Funds Weigh In On Centrus Energy

Large investors have recently bought and sold shares of the stock. Vermillion Wealth Management Inc. grew its holdings in shares of Centrus Energy by 5,000.0% in the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Aventura Private Wealth LLC purchased a new position in Centrus Energy during the 4th quarter valued at $30,000. RiverPark Advisors LLC bought a new position in Centrus Energy in the 3rd quarter worth $33,000. Nisa Investment Advisors LLC boosted its stake in shares of Centrus Energy by 157.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 183 shares of the company’s stock valued at $34,000 after purchasing an additional 112 shares in the last quarter. Finally, Fulcrum Asset Management LLP purchased a new position in shares of Centrus Energy during the 3rd quarter worth approximately $34,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Stock Down 1.3%

LEU opened at $201.15 on Tuesday. The firm has a market capitalization of $3.96 billion, a P/E ratio of 48.24 and a beta of 1.21. Centrus Energy has a one year low of $49.40 and a one year high of $464.25. The company has a fifty day moving average price of $265.90 and a 200-day moving average price of $272.92. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.59 and a quick ratio of 4.83.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.63). Centrus Energy had a net margin of 17.34% and a return on equity of 15.52%. The business had revenue of $146.20 million for the quarter, compared to the consensus estimate of $145.40 million. Centrus Energy’s revenue for the quarter was down 3.6% compared to the same quarter last year. Equities research analysts expect that Centrus Energy will post 2.63 earnings per share for the current fiscal year.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.