Centrus Energy Corp. (NYSE:LEU) Receives $227.60 Consensus PT from Analysts

Shares of Centrus Energy Corp. (NYSE:LEU) have received a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $239.3636.

Several research firms have issued reports on LEU. HC Wainwright reiterated a “buy” rating and set a $300.00 price objective on shares of Centrus Energy in a research note on Tuesday, August 26th. Needham & Company LLC began coverage on shares of Centrus Energy in a research report on Friday. They set a “buy” rating and a $357.00 price target for the company. JPMorgan Chase & Co. cut their price objective on Centrus Energy from $275.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Weiss Ratings started coverage on Centrus Energy in a research report on Friday. They issued a “hold (c)” rating for the company. Finally, UBS Group set a $245.00 target price on Centrus Energy in a research note on Tuesday, November 25th.

Institutional Trading of Centrus Energy

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Centrus Energy by 8.8% in the third quarter. Vanguard Group Inc. now owns 1,072,118 shares of the company’s stock valued at $332,432,000 after purchasing an additional 86,509 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Centrus Energy by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock valued at $62,955,000 after buying an additional 32,002 shares during the last quarter. Van ECK Associates Corp boosted its position in Centrus Energy by 25.9% in the 3rd quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock valued at $242,161,000 after buying an additional 160,482 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Centrus Energy by 78.8% during the third quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock valued at $137,132,000 after acquiring an additional 194,909 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Centrus Energy by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 358,799 shares of the company’s stock worth $111,260,000 after acquiring an additional 10,333 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Performance

Shares of NYSE:LEU opened at $268.07 on Thursday. The business has a 50-day moving average of $317.80 and a two-hundred day moving average of $241.43. The firm has a market capitalization of $4.88 billion, a PE ratio of 40.74 and a beta of 1.33. The company has a debt-to-equity ratio of 3.23, a current ratio of 3.46 and a quick ratio of 2.79. Centrus Energy has a 12 month low of $49.40 and a 12 month high of $464.25.

Centrus Energy (NYSE:LEU) last issued its earnings results on Thursday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.17). Centrus Energy had a return on equity of 37.14% and a net margin of 25.04%.The business’s revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.30) EPS. As a group, research analysts forecast that Centrus Energy will post 2.63 earnings per share for the current year.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.