HC Wainwright Predicts Uranium Royalty FY2027 Earnings

Uranium Royalty Corp. (NASDAQ:UROY) – Equities research analysts at HC Wainwright issued their FY2027 EPS estimates for shares of Uranium Royalty in a research note issued on Monday, October 19th. HC Wainwright analyst H. Ihle expects that the company will earn $0.16 per share for the year. HC Wainwright currently has a “Buy” rating and a $4.50 target price on the stock. The consensus estimate for Uranium Royalty’s current full-year earnings is $0.11 per share.

Other analysts have also recently issued reports about the stock. National Bank Financial upped their price objective on shares of Uranium Royalty from $3.75 to $4.00 and gave the stock an “outperform” rating in a research note on Monday. Zacks Research cut shares of Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, Weiss Ratings raised Uranium Royalty from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Uranium Royalty currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.25.

Uranium Royalty Price Performance

NASDAQ:UROY opened at $3.48 on Wednesday. The firm has a market cap of $1.31 billion, a PE ratio of 38.67 and a beta of 1.57. Uranium Royalty has a 12 month low of $2.56 and a 12 month high of $5.52. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.49. The company’s 50-day moving average price is $4.19 and its two-hundred day moving average price is $3.65.

Uranium Royalty (NASDAQ:UROY) last announced its earnings results on Monday, September 14th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. Uranium Royalty had a net margin of 25.88% and a return on equity of 10.86%. The business had revenue of $51.68 million during the quarter, compared to analysts’ expectations of $52.23 million.

Institutional Investors Weigh In On Uranium Royalty

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UROY. Squarepoint Ops LLC bought a new position in shares of Uranium Royalty in the second quarter worth about $397,000. AXQ Capital LP acquired a new position in shares of Uranium Royalty during the second quarter worth approximately $37,000. Bank of America Corp DE acquired a new position in shares of Uranium Royalty during the second quarter worth approximately $129,000. Hsbc Holdings PLC bought a new stake in shares of Uranium Royalty during the second quarter valued at approximately $174,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Uranium Royalty during the second quarter valued at approximately $402,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

About Uranium Royalty

Uranium Royalty Corp. (NASDAQ: UROY) is a uranium-focused royalty and streaming company. It provides investors with exposure to the uranium sector through a portfolio of uranium interests rather than operating a traditional mining business. The company’s activities include acquiring uranium royalties, streams, offtake agreements, physical uranium, and equity interests in uranium exploration and development companies.

Uranium Royalty’s portfolio is linked to projects and properties in established uranium-producing and exploration regions, including the United States, Canada, Australia, and Paraguay.