Centrus Energy (NYSE:LEU) Upgraded to “Hold” by StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEUFree Report) from a sell rating to a hold rating in a research report report published on Monday.

LEU has been the subject of several other reports. TheStreet upgraded shares of Centrus Energy from a d- rating to a c rating in a research note on Friday, February 9th. B. Riley reiterated a buy rating and set a $72.00 price objective on shares of Centrus Energy in a research note on Tuesday, February 13th.

Check Out Our Latest Analysis on LEU

Centrus Energy Stock Performance

Centrus Energy stock opened at $40.90 on Monday. Centrus Energy has a one year low of $24.88 and a one year high of $61.35. The company has a current ratio of 1.45, a quick ratio of 0.80 and a debt-to-equity ratio of 4.73. The firm has a fifty day simple moving average of $45.23. The firm has a market capitalization of $641.31 million, a P/E ratio of 7.57 and a beta of 1.39.

Centrus Energy (NYSE:LEUGet Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $3.58 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $2.80. The firm had revenue of $103.60 million during the quarter, compared to analysts’ expectations of $61.05 million. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. Sell-side analysts predict that Centrus Energy will post 2.71 EPS for the current year.

Insiders Place Their Bets

In related news, SVP John M. A. Donelson sold 16,073 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $40.24, for a total transaction of $646,777.52. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 6.40% of the company’s stock.

Hedge Funds Weigh In On Centrus Energy

A number of institutional investors have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Centrus Energy by 6.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock valued at $41,418,000 after purchasing an additional 47,789 shares during the period. BlackRock Inc. raised its position in shares of Centrus Energy by 18.5% in the second quarter. BlackRock Inc. now owns 749,515 shares of the company’s stock valued at $24,404,000 after purchasing an additional 116,848 shares during the period. Vanguard Group Inc. raised its position in shares of Centrus Energy by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 749,031 shares of the company’s stock valued at $40,755,000 after purchasing an additional 36,646 shares during the period. Renaissance Technologies LLC raised its position in shares of Centrus Energy by 28.7% in the first quarter. Renaissance Technologies LLC now owns 390,526 shares of the company’s stock valued at $12,575,000 after purchasing an additional 87,191 shares during the period. Finally, Old West Investment Management LLC raised its position in shares of Centrus Energy by 105.0% in the third quarter. Old West Investment Management LLC now owns 328,881 shares of the company’s stock valued at $18,667,000 after purchasing an additional 168,425 shares during the period. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Company Profile

(Get Free Report)

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.

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