Analysts Set Centrus Energy Corp. (NYSE:LEU) Price Target at $227.60

Centrus Energy Corp. (NYSE:LEU) has been given an average rating of “Moderate Buy” by the fourteen research firms that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $239.3636.

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

Centrus Energy Price Performance

Shares of LEU opened at $266.13 on Thursday. The business’s 50-day moving average is $318.75 and its 200-day moving average is $239.17. The company has a debt-to-equity ratio of 3.23, a current ratio of 3.46 and a quick ratio of 2.79. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 40.44 and a beta of 1.33. Centrus Energy has a fifty-two week low of $49.40 and a fifty-two week high of $464.25.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.17). Centrus Energy had a net margin of 25.04% and a return on equity of 37.14%. The firm’s revenue was up 29.8% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.30) EPS. Equities research analysts expect that Centrus Energy will post 2.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. IFP Advisors Inc lifted its stake in shares of Centrus Energy by 38.3% in the 3rd quarter. IFP Advisors Inc now owns 148 shares of the company’s stock valued at $46,000 after purchasing an additional 41 shares during the last quarter. Farther Finance Advisors LLC increased its position in Centrus Energy by 15.1% during the third quarter. Farther Finance Advisors LLC now owns 327 shares of the company’s stock worth $101,000 after buying an additional 43 shares during the last quarter. Rothschild Investment LLC raised its holdings in Centrus Energy by 54.9% during the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after buying an additional 45 shares in the last quarter. Allworth Financial LP lifted its position in shares of Centrus Energy by 23.2% in the third quarter. Allworth Financial LP now owns 239 shares of the company’s stock worth $74,000 after buying an additional 45 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in shares of Centrus Energy by 4.2% during the 3rd quarter. Lido Advisors LLC now owns 1,138 shares of the company’s stock worth $353,000 after acquiring an additional 46 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

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.