Centrus Energy Corp. (NYSE:LEU) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Centrus Energy Corp. (NYSE:LEU) have earned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $202.0909.

Several brokerages recently commented on LEU. B. Riley reissued a “buy” rating and set a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. Stifel Nicolaus started coverage on shares of Centrus Energy in a report on Friday, July 11th. They set a “buy” rating and a $220.00 price target on the stock. UBS Group raised shares of Centrus Energy to a “hold” rating and set a $215.00 price target for the company in a research report on Monday, July 21st. Bank of America reaffirmed a “neutral” rating and issued a $285.00 price objective (up from $210.00) on shares of Centrus Energy in a research report on Thursday, August 7th. Finally, JPMorgan Chase & Co. lifted their target price on Centrus Energy from $150.00 to $164.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th.

Centrus Energy Stock Down 1.1%

LEU stock opened at $396.16 on Wednesday. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The business has a 50 day moving average of $254.24 and a 200 day moving average of $176.01. Centrus Energy has a twelve month low of $49.40 and a twelve month high of $430.00. The firm has a market cap of $7.21 billion, a PE ratio of 89.83 and a beta of 1.51.

Centrus Energy (NYSE:LEU) last released its earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.During the same period in the previous year, the company earned $1.89 EPS. The business’s revenue was down 18.3% on a year-over-year basis. On average, research analysts forecast that Centrus Energy will post 2.63 EPS for the current fiscal year.

Institutional Trading of Centrus Energy

A number of institutional investors have recently made changes to their positions in the stock. Baader Bank Aktiengesellschaft purchased a new position in shares of Centrus Energy during the second quarter valued at approximately $1,302,000. GC Wealth Management RIA LLC bought a new stake in Centrus Energy in the 2nd quarter worth approximately $1,099,000. Dynamic Technology Lab Private Ltd purchased a new stake in Centrus Energy during the 1st quarter valued at $625,000. Clear Creek Financial Management LLC purchased a new stake in Centrus Energy during the 2nd quarter valued at $227,000. Finally, GAMMA Investing LLC raised its stake in Centrus Energy by 8,075.0% during the 1st quarter. GAMMA Investing LLC now owns 12,753 shares of the company’s stock valued at $793,000 after buying an additional 12,597 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Company Profile

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.