Key Points
- Centrus Energy CFO Todd Tinelli sold 306 shares of LEU on May 11 at an average price of $203.55, totaling about $62,286. The transaction was disclosed in an SEC filing.
- LEU recently beat earnings expectations, reporting $1.05 EPS versus the $0.33 consensus estimate. Quarterly revenue came in at $76.7 million, slightly above expectations and up 4.9% from a year earlier.
- Analyst sentiment remains mixed but constructive, with the stock carrying a consensus rating of “Moderate Buy” and an average target price of $268.18. Still, several firms recently trimmed price targets, and Zacks cut the stock to “strong sell.”
Centrus Energy Corp. (NYSE:LEU - Get Free Report) CFO Todd Tinelli sold 306 shares of the company's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Centrus Energy Price Performance
Shares of LEU opened at $212.64 on Tuesday. The company has a 50 day moving average price of $198.45 and a 200-day moving average price of $246.85. Centrus Energy Corp. has a fifty-two week low of $90.25 and a fifty-two week high of $464.25. The stock has a market capitalization of $4.18 billion, a PE ratio of 70.41, a PEG ratio of 20.19 and a beta of 1.43. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.88 and a current ratio of 5.72.
Centrus Energy (NYSE:LEU - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The firm had revenue of $76.70 million during the quarter, compared to analysts' expectations of $76.13 million. During the same quarter in the prior year, the company earned $1.60 EPS. The company's revenue was up 4.9% compared to the same quarter last year. Equities analysts predict that Centrus Energy Corp. will post 2.71 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Vermillion Wealth Management Inc. raised its holdings 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 purchasing an additional 100 shares during the last quarter. Aventura Private Wealth LLC purchased a new position in shares of Centrus Energy during the fourth quarter worth $30,000. RiverPark Advisors LLC purchased a new position in shares of Centrus Energy during the third quarter worth $33,000. Fulcrum Asset Management LLP purchased a new position in shares of Centrus Energy during the third quarter worth $34,000. Finally, Leonteq Securities AG purchased a new position in shares of Centrus Energy during the first quarter worth $35,000. Hedge funds and other institutional investors own 49.96% of the company's stock.
Analyst Ratings Changes
LEU has been the subject of several research reports. UBS Group lowered their price target on shares of Centrus Energy from $245.00 to $195.00 and set a "neutral" rating for the company in a research report on Thursday, March 5th. JPMorgan Chase & Co. lowered their price target on shares of Centrus Energy from $245.00 to $242.00 and set a "neutral" rating for the company in a research report on Thursday, February 5th. Citigroup decreased their target price on shares of Centrus Energy from $224.00 to $218.00 and set a "neutral" rating for the company in a research report on Friday. Zacks Research cut shares of Centrus Energy from a "hold" rating to a "strong sell" rating in a research report on Friday, April 17th. Finally, Stifel Nicolaus set a $246.00 target price on shares of Centrus Energy in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $268.18.
Get Our Latest Stock Report on LEU
About Centrus Energy
(
Get Free Report)
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.
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