Todd Tinelli Sells 306 Shares of Centrus Energy (NYSE:LEU) Stock

Centrus Energy Corp. (NYSE:LEU) CFO Todd Tinelli sold 306 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $203.55, for a total value of $62,286.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Centrus Energy Price Performance

LEU stock traded up $5.31 during trading on Monday, hitting $212.64. The company had a trading volume of 1,081,659 shares, compared to its average volume of 1,042,757. The company has a fifty day moving average price of $198.47 and a two-hundred day moving average price of $249.36. The company has a current ratio of 5.72, a quick ratio of 4.88 and a debt-to-equity ratio of 1.52. The company has a market cap of $4.18 billion, a P/E ratio of 70.41, a P/E/G ratio of 20.19 and a beta of 1.43. Centrus Energy Corp. has a fifty-two week low of $90.25 and a fifty-two week high of $464.25.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $76.70 million during the quarter, compared to the consensus estimate of $76.13 million. During the same quarter in the previous year, the company posted $1.60 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Equities research analysts expect that Centrus Energy Corp. will post 2.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Northland Securities set a $285.00 price objective on Centrus Energy in a research report on Thursday, February 12th. Roth Mkm reiterated a “neutral” rating and issued a $137.00 price objective on shares of Centrus Energy in a research report on Wednesday, February 11th. B. Riley Financial cut their price objective on Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Zacks Research downgraded Centrus Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, April 17th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $268.18.

Institutional Investors Weigh In On Centrus Energy

A number of institutional investors and hedge funds have recently made changes to their positions in LEU. Vermillion Wealth Management Inc. raised its position in shares of Centrus Energy by 5,000.0% during 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 last quarter. Aventura Private Wealth LLC bought a new stake in shares of Centrus Energy during the fourth quarter worth $30,000. RiverPark Advisors LLC bought a new stake in shares of Centrus Energy during the third quarter worth $33,000. Fulcrum Asset Management LLP bought a new stake in shares of Centrus Energy during the third quarter worth $34,000. Finally, Leonteq Securities AG bought a new stake in shares of Centrus Energy during the first quarter worth $35,000. Institutional investors own 49.96% of the company’s stock.

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.