Analysts Set Centrus Energy Corp. (NYSE:LEU) Target Price at $258.83

Shares of Centrus Energy Corp. (NYSE:LEU) have been assigned a consensus rating of “Moderate Buy” from the fifteen brokerages that are covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $258.8333.

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Centrus Energy from $245.00 to $242.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. B. Riley Financial boosted their target price on shares of Centrus Energy from $221.00 to $315.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Citigroup reduced their price target on shares of Centrus Energy from $292.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Zacks Research lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Evercore reaffirmed an “outperform” rating and set a $390.00 price objective on shares of Centrus Energy in a research report on Monday, January 5th.

Centrus Energy Trading Up 1.5%

Shares of NYSE LEU opened at $212.75 on Friday. The company has a quick ratio of 4.83, a current ratio of 5.59 and a debt-to-equity ratio of 1.54. The stock’s 50 day moving average price is $251.07 and its two-hundred day moving average price is $273.99. Centrus Energy has a 52-week low of $49.40 and a 52-week high of $464.25. The stock has a market capitalization of $4.18 billion, a P/E ratio of 51.02 and a beta of 1.26.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, February 10th. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.63). Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.The firm had revenue of $146.20 million during the quarter, compared to analyst estimates of $145.40 million. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. On average, analysts anticipate that Centrus Energy will post 2.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Centrus Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vermillion Wealth Management Inc. raised its position in shares of Centrus Energy by 5,000.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. RiverPark Advisors LLC acquired a new position in Centrus Energy during the 3rd quarter valued at approximately $33,000. Fulcrum Asset Management LLP bought a new position in Centrus Energy during the 3rd quarter worth $34,000. Aventura Private Wealth LLC bought a new position in Centrus Energy during the 4th quarter worth $30,000. Finally, Rothschild Investment LLC increased its position in Centrus Energy by 54.9% in the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock worth $39,000 after buying an additional 45 shares during the period. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Company Profile

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.