Centrus Energy (NYSE:LEU) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) to a sell rating in a research report released on Monday morning.

Separately, Roth Mkm decreased their target price on shares of Centrus Energy from $65.00 to $62.00 and set a buy rating for the company in a research report on Thursday, May 9th.

Centrus Energy Price Performance

Shares of LEU opened at $42.23 on Monday. The firm has a market capitalization of $662.17 million, a PE ratio of 9.28 and a beta of 1.33. The company’s fifty day moving average price is $44.58 and its 200-day moving average price is $45.69. Centrus Energy has a 1-year low of $28.42 and a 1-year high of $61.35. The company has a debt-to-equity ratio of 3.67, a current ratio of 1.44 and a quick ratio of 0.83.

Centrus Energy (NYSE:LEU) last posted its earnings results on Tuesday, May 7th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.88). The business had revenue of $43.70 million for the quarter, compared to analyst estimates of $72.70 million. Centrus Energy had a net margin of 23.94% and a return on equity of 2,962.50%. On average, equities research analysts predict that Centrus Energy will post 2.61 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LEU. SeaCrest Wealth Management LLC acquired a new position in shares of Centrus Energy in the first quarter worth about $216,000. HighTower Advisors LLC acquired a new position in shares of Centrus Energy in the third quarter worth about $285,000. Vontobel Holding Ltd. raised its position in shares of Centrus Energy by 10.4% in the fourth quarter. Vontobel Holding Ltd. now owns 6,046 shares of the company’s stock worth $329,000 after acquiring an additional 569 shares during the period. Private Advisor Group LLC raised its position in shares of Centrus Energy by 43.6% in the first quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock worth $345,000 after acquiring an additional 2,523 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of Centrus Energy by 24.8% in the fourth quarter. SG Americas Securities LLC now owns 7,030 shares of the company’s stock worth $383,000 after acquiring an additional 1,397 shares during the period. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

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.