Centrus Energy Corp. (NYSE:LEU) Receives Average Recommendation of “Moderate Buy” from Brokerages

Centrus Energy Corp. (NYSE:LEU) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $143.67.

A number of brokerages have recently issued reports on LEU. HC Wainwright began coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price for the company. Citigroup assumed coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 target price for the company. Evercore ISI assumed coverage on Centrus Energy in a research report on Wednesday. They set an “outperform” rating and a $145.00 price target on the stock. StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. Finally, Craig Hallum assumed coverage on Centrus Energy in a report on Tuesday, April 1st. They set a “buy” rating and a $129.00 price target for the company.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total value of $359,428.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LEU. Cape Investment Advisory Inc. bought a new position in Centrus Energy in the 4th quarter valued at $27,000. Stone House Investment Management LLC bought a new position in Centrus Energy in the 1st quarter valued at $28,000. PNC Financial Services Group Inc. boosted its position in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. State of Wyoming bought a new position in Centrus Energy in the 4th quarter valued at $33,000. Finally, Comerica Bank boosted its position in shares of Centrus Energy by 589.5% in the 1st quarter. Comerica Bank now owns 655 shares of the company’s stock worth $41,000 after purchasing an additional 560 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Trading Down 0.6%

Centrus Energy stock opened at $95.75 on Friday. The business has a 50 day moving average price of $71.42 and a two-hundred day moving average price of $79.12. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 21.71 and a beta of 1.14. Centrus Energy has a 12 month low of $33.51 and a 12 month high of $122.95.

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

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.