Uranium Energy Corp. (NYSEAMERICAN:UEC – Free Report) – Stock analysts at Roth Capital issued their Q1 2027 earnings per share estimates for Uranium Energy in a report released on Wednesday, September 24th. Roth Capital analyst J. Reagor forecasts that the basic materials company will post earnings per share of ($0.03) for the quarter. Roth Capital has a “Buy” rating and a $16.00 price target on the stock. The consensus estimate for Uranium Energy’s current full-year earnings is $0.01 per share. Roth Capital also issued estimates for Uranium Energy’s Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at ($0.03) EPS and Q4 2027 earnings at ($0.03) EPS.
Other equities analysts have also issued reports about the company. Canaccord Genuity Group set a $17.50 price target on Uranium Energy and gave the company a “buy” rating in a research note on Wednesday. Zacks Research upgraded shares of Uranium Energy from a “strong sell” rating to a “hold” rating in a report on Monday, September 22nd. The Goldman Sachs Group increased their price objective on shares of Uranium Energy from $13.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday. TD Securities boosted their target price on Uranium Energy from $8.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, August 15th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $14.00 price target (up previously from $7.75) on shares of Uranium Energy in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Uranium Energy has an average rating of “Buy” and an average target price of $13.80.
Uranium Energy Stock Up 1.7%
NYSEAMERICAN UEC opened at $13.67 on Friday. Uranium Energy has a twelve month low of $3.85 and a twelve month high of $15.06. The stock has a fifty day simple moving average of $10.69 and a 200 day simple moving average of $7.44. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of -68.35 and a beta of 1.42.
Insider Transactions at Uranium Energy
In related news, Director David Kong sold 50,800 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $9.62, for a total value of $488,696.00. Following the completion of the sale, the director directly owned 182,237 shares of the company’s stock, valued at approximately $1,753,119.94. This represents a 21.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.
Hedge Funds Weigh In On Uranium Energy
A number of hedge funds and other institutional investors have recently modified their holdings of UEC. State Street Corp grew its stake in Uranium Energy by 9.5% in the 2nd quarter. State Street Corp now owns 23,046,686 shares of the basic materials company’s stock valued at $156,717,000 after purchasing an additional 2,000,516 shares during the period. MMCAP International Inc. SPC boosted its holdings in shares of Uranium Energy by 8.6% in the 1st quarter. MMCAP International Inc. SPC now owns 19,716,341 shares of the basic materials company’s stock worth $94,244,000 after buying an additional 1,559,173 shares during the last quarter. Norges Bank purchased a new position in shares of Uranium Energy in the 2nd quarter worth about $105,058,000. Geode Capital Management LLC grew its position in Uranium Energy by 3.0% during the second quarter. Geode Capital Management LLC now owns 9,902,310 shares of the basic materials company’s stock valued at $67,344,000 after buying an additional 289,662 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Uranium Energy by 10.9% during the second quarter. Ameriprise Financial Inc. now owns 7,379,554 shares of the basic materials company’s stock worth $50,181,000 after buying an additional 722,458 shares during the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.
About Uranium Energy
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto ParanĂ¡ titanium projects in Paraguay.
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