Centrus Energy Corp. (NYSE:LEU) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $143.40.

A number of equities research analysts have recently weighed in on the stock. StockNews.com raised shares of Centrus Energy to a "sell" rating in a research note on Monday, February 10th. HC Wainwright started coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a "buy" rating and a $300.00 target price for the company. Craig Hallum started coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They issued a "buy" rating and a $129.00 price target for the company. Finally, Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price target on the stock.

Insider Buying and Selling

In other news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Centrus Energy

Several hedge funds have recently modified their holdings of LEU. JPMorgan Chase & Co. increased its holdings in shares of Centrus Energy by 3.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock valued at $345,000 after acquiring an additional 186 shares during the period. Nuveen Asset Management LLC grew its stake in Centrus Energy by 0.6% in the fourth quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock valued at $1,947,000 after purchasing an additional 188 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after purchasing an additional 192 shares in the last quarter. Old West Investment Management LLC lifted its position in shares of Centrus Energy by 1.9% during the fourth quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock valued at $676,000 after buying an additional 192 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its position in shares of Centrus Energy by 16.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock worth $93,000 after buying an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company's stock.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $65.23 on Wednesday. The company's fifty day moving average is $75.94 and its 200 day moving average is $79.10. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $122.95. The stock has a market cap of $1.09 billion, a PE ratio of 14.79 and a beta of 1.26.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.