Centrus Energy (NYSE:LEU) Price Target Lowered to $195.00 at Roth Mkm

Centrus Energy (NYSE:LEU) had its target price cut by stock analysts at Roth Mkm from $230.00 to $195.00 in a report released on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Roth Mkm’s target price points to a potential upside of 8.54% from the stock’s previous close.

LEU has been the topic of a number of other reports. Citigroup decreased their price objective on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Weiss Ratings cut shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. UBS Group decreased their price target on shares of Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. B. Riley Financial reduced their target price on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Finally, Zacks Research upgraded Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $271.18.

Centrus Energy Stock Down 6.1%

LEU stock opened at $179.66 on Monday. Centrus Energy has a twelve month low of $144.65 and a twelve month high of $464.25. The firm has a market capitalization of $3.53 billion, a PE ratio of 61.71, a PEG ratio of 23.38 and a beta of 1.34. The company has a quick ratio of 4.88, a current ratio of 5.72 and a debt-to-equity ratio of 1.52. The stock has a 50-day simple moving average of $188.82 and a two-hundred day simple moving average of $222.74.

Centrus Energy (NYSE:LEU) last posted its earnings results on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The business had revenue of $76.70 million during the quarter, compared to analysts’ expectations of $76.13 million. During the same period in the previous year, the business earned $1.60 earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. On average, equities analysts predict that Centrus Energy will post 2.74 EPS for the current fiscal year.

Insider Buying and Selling at Centrus Energy

In related news, CFO Todd M. Tinelli sold 306 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.72% of the stock is owned by insiders.

Hedge Funds Weigh In On Centrus Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Vermillion Wealth Management Inc. grew its holdings in shares of Centrus Energy by 5,000.0% in the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the period. Aventura Private Wealth LLC bought a new position in Centrus Energy in the 4th quarter worth $30,000. Western Wealth Management LLC purchased a new stake in Centrus Energy in the first quarter worth about $31,000. RiverPark Advisors LLC bought a new position in shares of Centrus Energy in the third quarter worth about $33,000. Finally, Fulcrum Asset Management LLP bought a new position in shares of Centrus Energy in the third quarter worth about $34,000. 49.96% of the stock is owned by institutional investors.

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.