HC Wainwright Forecasts Stronger Earnings for Centrus Energy

Centrus Energy Corp. (NYSE:LEUFree Report) – Investment analysts at HC Wainwright boosted their FY2025 earnings per share estimates for shares of Centrus Energy in a research note issued on Friday, November 7th. HC Wainwright analyst S. Joshi now expects that the company will post earnings of $4.36 per share for the year, up from their previous forecast of $4.00. HC Wainwright currently has a “Buy” rating and a $300.00 target price on the stock. The consensus estimate for Centrus Energy’s current full-year earnings is $2.63 per share. HC Wainwright also issued estimates for Centrus Energy’s FY2026 earnings at $4.66 EPS.

Several other research firms have also issued reports on LEU. Evercore ISI lifted their price objective on shares of Centrus Energy from $251.00 to $252.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Northland Securities set a $275.00 target price on Centrus Energy in a report on Thursday, August 7th. JPMorgan Chase & Co. reduced their price target on Centrus Energy from $275.00 to $245.00 and set a “neutral” rating for the company in a research report on Friday. Bank of America reiterated a “neutral” rating and set a $285.00 price target (up previously from $210.00) on shares of Centrus Energy in a research note on Thursday, August 7th. Finally, UBS Group raised Centrus Energy to a “hold” rating and set a $215.00 price objective on the stock in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $224.60.

Get Our Latest Report on Centrus Energy

Centrus Energy Stock Performance

LEU stock opened at $290.20 on Monday. The firm has a 50 day moving average of $314.19 and a two-hundred day moving average of $216.91. Centrus Energy has a 12 month low of $49.40 and a 12 month high of $464.25. The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 65.81 and a beta of 1.56. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.

Centrus Energy (NYSE:LEUGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.17). Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.30) EPS.

Institutional Investors Weigh In On Centrus Energy

Several hedge funds and other institutional investors have recently made changes to their positions in LEU. Teacher Retirement System of Texas increased its stake in shares of Centrus Energy by 21.1% in the first quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company’s stock worth $866,000 after purchasing an additional 2,422 shares during the period. Arizona State Retirement System boosted its stake in Centrus Energy by 10.6% during the 1st quarter. Arizona State Retirement System now owns 4,496 shares of the company’s stock valued at $280,000 after purchasing an additional 432 shares during the period. New York State Common Retirement Fund grew its holdings in Centrus Energy by 4.6% in the 1st quarter. New York State Common Retirement Fund now owns 4,504 shares of the company’s stock valued at $280,000 after buying an additional 200 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Centrus Energy in the 1st quarter valued at approximately $744,000. Finally, Hussman Strategic Advisors Inc. bought a new position in Centrus Energy in the 1st quarter worth approximately $1,960,000. 49.96% of the stock is owned by institutional investors and hedge funds.

About Centrus Energy

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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.

See Also

Earnings History and Estimates for Centrus Energy (NYSE:LEU)

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