Centrus Energy (NYSE:LEU) Research Coverage Started at Evercore ISI

Evercore ISI started coverage on shares of Centrus Energy (NYSE:LEU) in a research report released on Wednesday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $145.00 target price on the stock.

LEU has been the subject of several other research reports. HC Wainwright initiated coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price for the company. StockNews.com raised Centrus Energy to a “sell” rating in a research report on Monday, February 10th. Citigroup started coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price objective for the company. Finally, Craig Hallum assumed coverage on Centrus Energy in a research report on Tuesday, April 1st. They set a “buy” rating and a $129.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Centrus Energy has an average rating of “Hold” and an average price target of $143.67.

Centrus Energy Stock Down 0.6%

Centrus Energy stock opened at $95.75 on Wednesday. The business’s 50-day simple moving average is $71.42 and its two-hundred day simple moving average is $79.28. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The company has a market cap of $1.61 billion, a PE ratio of 21.71 and a beta of 1.14. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $122.95.

Centrus Energy (NYSE:LEU) last released its earnings results on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. During the same quarter in the prior year, the business earned ($0.38) earnings per share. Centrus Energy’s quarterly revenue was up 67.3% on a year-over-year basis. Equities analysts anticipate that Centrus Energy will post 2.63 EPS for the current year.

Insider Buying and Selling at Centrus Energy

In other news, SVP John M. A. Donelson sold 3,732 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total transaction of $359,428.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Centrus Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cape Investment Advisory Inc. grew its holdings in Centrus Energy by 125.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 900 shares of the company’s stock valued at $56,000 after buying an additional 500 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Centrus Energy during the 1st quarter valued at about $625,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Centrus Energy by 3.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after purchasing an additional 32,002 shares during the last quarter. Granahan Investment Management LLC purchased a new position in Centrus Energy during the first quarter worth about $13,440,000. Finally, Royal Bank of Canada raised its stake in Centrus Energy by 57.6% during the first quarter. Royal Bank of Canada now owns 17,266 shares of the company’s stock worth $1,074,000 after purchasing an additional 6,312 shares during the period. Institutional investors and hedge funds own 49.96% of the company’s stock.

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.