Q3 2024 Earnings Estimate for Energy Fuels Inc. (NYSE:UUUU) Issued By Roth Capital

Energy Fuels Inc. (NYSE:UUUU) – Equities researchers at Roth Capital lowered their Q3 2024 earnings per share estimates for shares of Energy Fuels in a research report issued on Tuesday, August 6th. Roth Capital analyst J. Reagor now forecasts that the company will earn ($0.05) per share for the quarter, down from their prior estimate of ($0.04). Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Energy Fuels’ current full-year earnings is ($0.11) per share. Roth Capital also issued estimates for Energy Fuels’ Q4 2024 earnings at ($0.05) EPS and FY2024 earnings at ($0.12) EPS.

UUUU has been the topic of a number of other reports. HC Wainwright decreased their price target on Energy Fuels from $10.75 to $10.50 and set a “buy” rating on the stock in a research note on Tuesday. B. Riley began coverage on Energy Fuels in a report on Thursday, April 18th. They set a “buy” rating and a $9.00 target price for the company. Finally, Roth Mkm downgraded Energy Fuels from a “buy” rating to a “neutral” rating and dropped their target price for the company from $6.50 to $6.25 in a research report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $8.58.

Energy Fuels Price Performance

NYSE:UUUU opened at $4.43 on Thursday. Energy Fuels has a fifty-two week low of $4.19 and a fifty-two week high of $9.02. The business’s 50 day moving average is $5.87. The stock has a market cap of $713.63 million, a PE ratio of -63.21 and a beta of 1.62.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings results on Friday, August 2nd. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The business had revenue of $8.72 million during the quarter, compared to analysts’ expectations of $3.85 million. Energy Fuels had a negative net margin of 24.83% and a negative return on equity of 6.27%.

Institutional Trading of Energy Fuels

A number of large investors have recently modified their holdings of the stock. MMCAP International Inc. SPC lifted its position in Energy Fuels by 56.5% in the first quarter. MMCAP International Inc. SPC now owns 5,780,394 shares of the company’s stock valued at $36,359,000 after acquiring an additional 2,087,385 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Energy Fuels by 44.4% in the 2nd quarter. Van ECK Associates Corp now owns 1,277,401 shares of the company’s stock valued at $7,742,000 after purchasing an additional 392,862 shares during the last quarter. Vident Advisory LLC boosted its position in shares of Energy Fuels by 30.8% in the 1st quarter. Vident Advisory LLC now owns 1,507,537 shares of the company’s stock valued at $9,482,000 after purchasing an additional 355,242 shares during the period. Fielder Capital Group LLC acquired a new position in Energy Fuels during the fourth quarter worth approximately $1,772,000. Finally, Cercano Management LLC lifted its stake in Energy Fuels by 76.7% in the first quarter. Cercano Management LLC now owns 445,104 shares of the company’s stock valued at $2,800,000 after buying an additional 193,225 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.