Centrus Energy Corp. (NYSE:LEU) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Centrus Energy Corp. (NYSE:LEU) have earned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $265.9091.

Several research firms recently commented on LEU. Citigroup reduced their target price on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Weiss Ratings cut Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. Zacks Research upgraded Centrus Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. B. Riley Financial reduced their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, UBS Group reduced their target price on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, June 16th.

Insider Buying and Selling

In related news, CFO Todd M. Tinelli sold 306 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $203.55, for a total transaction of $62,286.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Centrus Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LEU. Price T Rowe Associates Inc. MD grew its position in Centrus Energy by 126.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 371,822 shares of the company’s stock worth $90,265,000 after buying an additional 207,316 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Centrus Energy by 78.8% in the 3rd quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock worth $137,132,000 after purchasing an additional 194,909 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Centrus Energy by 25.9% in the 3rd quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock worth $242,161,000 after purchasing an additional 160,482 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Centrus Energy by 43.3% in the 4th quarter. Bank of New York Mellon Corp now owns 473,145 shares of the company’s stock worth $114,861,000 after purchasing an additional 143,069 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Centrus Energy by 217.4% in the 1st quarter. Renaissance Technologies LLC now owns 160,542 shares of the company’s stock worth $27,868,000 after purchasing an additional 109,960 shares in the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Centrus Energy News

Here are the key news stories impacting Centrus Energy this week:

• Positive Sentiment: Centrus announced a landmark HALEU fuel deal with Oklo to support Aurora reactors on Oklo’s Ohio campus, strengthening Centrus’s position as a key domestic nuclear fuel supplier. Article: Oklo and Centrus Forge Nuclear Fuel Deal for Ohio Campus
• Positive Sentiment: Shares have been boosted by the market’s view that the Oklo agreement could lead to more upside, with analysts pointing to improving earnings estimate revisions and stronger trading activity. Article: Centrus Energy (LEU) Soars 12.4%: Is Further Upside Left in the Stock?
• Positive Sentiment: Media coverage highlighted the deal as a potential catalyst for future growth, emphasizing that domestic fuel supply agreements could benefit Centrus alongside its partner. Article: Why Centrus Energy Group Stock Surged 12% Higher Today
• Neutral Sentiment: Centrus also extended its Section 382 rights agreement to help preserve tax assets tied to net operating loss carryforwards, a corporate action that is important financially but less likely to be the main stock catalyst. Article: Centrus Energy Corp. Announces Extension of Section 382 Rights Agreement
• Neutral Sentiment: Additional commentary from market outlets noted the stock’s move was also tied to broader enthusiasm around nuclear energy, but did not add a separate company-specific development beyond the Oklo partnership. Article: Oklo Stock Rises on Centrus Pact. Has It Solved the Nuclear Fuel Problem?
• Negative Sentiment: No major negative company-specific news was reported in the latest items, so the stock’s recent move appears driven primarily by the favorable HALEU deal and related optimism.

Centrus Energy Stock Performance

NYSE:LEU opened at $191.94 on Monday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.88 and a current ratio of 5.72. Centrus Energy has a 52-week low of $144.65 and a 52-week high of $464.25. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 63.56, a PEG ratio of 23.38 and a beta of 1.34. The business’s fifty day moving average is $188.82 and its 200 day moving average is $222.74.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The company had revenue of $76.70 million for the quarter, compared to analyst estimates of $76.13 million. During the same period in the previous year, the company posted $1.60 EPS. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts predict that Centrus Energy will post 2.74 EPS for the current year.

About Centrus Energy

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.