Centrus Energy (NYSE:LEU) Given New $195.00 Price Target at Roth Mkm

by · The Markets Daily

Centrus Energy (NYSE:LEU – Get Free Report) had its price objective cut by investment analysts at Roth Mkm from $230.00 to $195.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Roth Mkm’s price target indicates a potential upside of 8.54% from the stock’s current price.

A number of other research firms have also recently issued reports on LEU. Citigroup cut their price objective on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. B. Riley Financial decreased their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, April 24th. UBS Group dropped their price target on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Weiss Ratings cut Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Finally, Zacks Research raised Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $271.18.

View Our Latest Research Report on LEU

Centrus Energy Stock Performance

Shares of LEU stock opened at $179.66 on Monday. The stock has a market cap of $3.53 billion, a P/E ratio of 61.71, a P/E/G ratio of 23.38 and a beta of 1.34. 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 company has a fifty day moving average price of $188.82 and a two-hundred day moving average price of $222.74. Centrus Energy has a one year low of $144.65 and a one year high of $464.25.

Centrus Energy (NYSE:LEU – Get Free Report) last issued 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 company had revenue of $76.70 million for the quarter, compared to analysts’ expectations of $76.13 million. During the same period in the prior year, the firm earned $1.60 EPS. Centrus Energy’s quarterly revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts predict that Centrus Energy will post 2.74 EPS for the current year.

Insider Buying and Selling at Centrus Energy

In other news, CFO Todd M. Tinelli sold 306 shares of the company’s stock in a transaction 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On Centrus Energy

A number of hedge funds have recently made changes to their positions in the stock. Vermillion Wealth Management Inc. grew its position in Centrus Energy by 5,000.0% in the 4th quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Aventura Private Wealth LLC bought a new stake in Centrus Energy during the fourth quarter worth $30,000. Western Wealth Management LLC bought a new position in shares of Centrus Energy during the 1st quarter worth approximately $31,000. RiverPark Advisors LLC purchased a new stake in shares of Centrus Energy during the 3rd quarter valued at $33,000. Finally, Fulcrum Asset Management LLP bought a new stake in shares of Centrus Energy in the 3rd quarter worth approximately $34,000. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Company Profile

(Get Free Report)

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.

See Also