Centrus Energy Corp. (NYSE:LEU) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Centrus Energy Corp. (NYSE:LEU) have been assigned an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $258.8333.

Several equities analysts recently weighed in on the stock. Roth Mkm reissued a “neutral” rating and issued a $137.00 target price on shares of Centrus Energy in a research note on Wednesday, February 11th. Zacks Research lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Evercore reiterated an “outperform” rating and issued a $390.00 price target on shares of Centrus Energy in a research note on Monday, January 5th. B. Riley Financial lifted their price objective 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, JPMorgan Chase & Co. lowered their price objective on shares of Centrus Energy from $245.00 to $242.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th.

Institutional Trading of Centrus Energy

Several institutional investors and hedge funds have recently bought and sold shares of LEU. Rockefeller Capital Management L.P. raised its stake in Centrus Energy by 349.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 49,479 shares of the company’s stock valued at $12,012,000 after buying an additional 38,472 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Centrus Energy during the 4th quarter worth approximately $654,000. Pacer Advisors Inc. bought a new position in shares of Centrus Energy during the 4th quarter worth approximately $2,422,000. Alpine Woods Capital Investors LLC acquired a new position in shares of Centrus Energy during the 4th quarter worth approximately $612,000. Finally, Beacon Pointe Advisors LLC increased its holdings in shares of Centrus Energy by 251.0% during the 4th quarter. Beacon Pointe Advisors LLC now owns 2,671 shares of the company’s stock worth $648,000 after acquiring an additional 1,910 shares during the last quarter. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Performance

LEU opened at $186.86 on Friday. Centrus Energy has a 52-week low of $49.40 and a 52-week high of $464.25. The firm has a market capitalization of $3.68 billion, a PE ratio of 44.81 and a beta of 1.26. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.83 and a current ratio of 5.59. The business’s 50-day simple moving average is $242.84 and its 200 day simple moving average is $273.03.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.63). The company had revenue of $146.20 million during the quarter, compared to the consensus estimate of $145.40 million. Centrus Energy had a net margin of 17.34% and a return on equity of 15.52%. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. As a group, sell-side 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.