Centrus Energy (NYSE:LEU) Stock Rating Upgraded by Roth Capital

Centrus Energy (NYSE:LEU – Get Free Report) was upgraded by investment analysts at Roth Capital from a “neutral” rating to a “buy” rating in a report released on Friday, Marketbeat reports. The firm presently has a $115.00 price objective on the stock. Roth Capital‘s price objective points to a potential upside of 9.99% from the stock’s previous close.

Several other analysts also recently issued reports on LEU. Needham & Company LLC reduced their price target on shares of Centrus Energy from $262.00 to $206.00 and set a “buy” rating on the stock in a report on Tuesday, October 20th. UBS Group dropped their price objective on shares of Centrus Energy from $185.00 to $120.00 and set a “neutral” rating for the company in a research note on Friday, October 23rd. B. Riley Financial cut their price objective on Centrus Energy from $295.00 to $188.00 and set a “buy” rating for the company in a research report on Wednesday, October 28th. Seaport Research Partners upgraded Centrus Energy to an “overweight” rating in a research report on Friday. Finally, Weiss Ratings raised Centrus Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.06.

Read Our Latest Analysis on LEU

Centrus Energy Price Performance

Centrus Energy stock opened at $104.56 on Friday. The firm has a market capitalization of $2.09 billion, a PE ratio of 30.57, a P/E/G ratio of 10.02 and a beta of 1.40. Centrus Energy has a 52 week low of $84.86 and a 52 week high of $345.60. The firm’s 50-day simple moving average is $136.02 and its 200 day simple moving average is $181.07. The company has a quick ratio of 4.52, a current ratio of 8.61 and a debt-to-equity ratio of 1.27.

Centrus Energy (NYSE:LEU – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.33). Centrus Energy had a net margin of 16.77% and a return on equity of 8.73%. The business had revenue of $55.50 million for the quarter. During the same period in the prior year, the business earned $0.19 EPS. The company’s quarterly revenue was down 25.9% compared to the same quarter last year. On average, equities research analysts predict that Centrus Energy will post 3.49 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LEU. Salomon & Ludwin LLC acquired a new stake in shares of Centrus Energy during the 3rd quarter worth about $28,000. Western Wealth Management LLC purchased a new stake in shares of Centrus Energy during the first quarter worth about $31,000. IFP Advisors Inc grew its holdings in shares of Centrus Energy by 172.4% during the second quarter. IFP Advisors Inc now owns 237 shares of the company’s stock worth $40,000 after buying an additional 150 shares in the last quarter. Vestor Capital LLC acquired a new position in shares of Centrus Energy in the first quarter valued at approximately $55,000. Finally, Fortitude Family Office LLC raised its position in shares of Centrus Energy by 5,100.0% in the third quarter. Fortitude Family Office LLC now owns 416 shares of the company’s stock valued at $58,000 after buying an additional 408 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

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Centrus Energy Company Profile

(Get Free Report)

Centrus Energy Corp. (NYSE:LEU) is a U.S.-based supplier of nuclear fuel and related services. The company provides enriched uranium products, including low-enriched uranium used to fuel commercial nuclear reactors, as well as uranium and fuel-management services for utilities and other customers in the nuclear energy industry.

Centrus is also developing high-assay low-enriched uranium (HALEU), an advanced fuel intended for certain next-generation and small modular reactors. Its American Centrifuge technology is being developed to support domestic uranium enrichment and reduce reliance on foreign fuel-supply chains.

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Analyst Recommendations for Centrus Energy (NYSE:LEU)

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