Brokerages Set Centrus Energy Corp. (NYSE:LEU) PT at $252.08

Shares of Centrus Energy Corp. (NYSE:LEU) have earned a consensus rating of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $252.0833.

A number of research firms have weighed in on LEU. B. Riley Financial cut their price target on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Roth Capital dropped their price objective on Centrus Energy from $230.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. Truist Financial began coverage on Centrus Energy in a report on Monday, July 13th. They set a “buy” rating and a $215.00 price objective for the company. UBS Group cut their target price on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Finally, Zacks Research upgraded Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th.

Insider Activity at Centrus Energy

In other news, CFO Todd M. Tinelli sold 306 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $203.55, for a total value of $62,286.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.72% of the stock is currently owned by company insiders.

Institutional Trading of Centrus Energy

A number of institutional investors have recently modified their holdings of the company. Vermillion Wealth Management Inc. raised its holdings in Centrus Energy by 5,000.0% in the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the period. Fulcrum Asset Management LLP acquired a new position in Centrus Energy during the third quarter valued at approximately $34,000. Aventura Private Wealth LLC purchased a new stake in Centrus Energy during the fourth quarter worth approximately $30,000. IFP Advisors Inc grew its stake in Centrus Energy by 38.3% during the third quarter. IFP Advisors Inc now owns 148 shares of the company’s stock worth $46,000 after buying an additional 41 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Centrus Energy in the fourth quarter worth $36,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Trading Up 0.1%

Shares of LEU stock opened at $156.23 on Friday. The firm has a market cap of $3.07 billion, a P/E ratio of 51.73, a PEG ratio of 19.33 and a beta of 1.35. Centrus Energy has a 1-year low of $142.13 and a 1-year high of $464.25. The company has a debt-to-equity ratio of 1.52, a current ratio of 5.72 and a quick ratio of 4.88. The firm’s 50-day simple moving average is $173.67 and its 200-day simple moving average is $210.03.

Centrus Energy (NYSE:LEU) last released its earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The firm had revenue of $76.70 million during the quarter, compared to the consensus estimate of $76.13 million. During the same period in the previous year, the firm earned $1.60 earnings per share. Centrus Energy’s revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts forecast that Centrus Energy will post 2.7 EPS for the current year.

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.