Brokers Offer Predictions for Energy Fuels FY2024 Earnings

Energy Fuels Inc. (NYSE:UUUU - Free Report) - Stock analysts at Roth Capital lifted their FY2024 earnings estimates for Energy Fuels in a research report issued to clients and investors on Monday, November 4th. Roth Capital analyst J. Reagor now anticipates that the company will earn ($0.09) per share for the year, up from their prior estimate of ($0.12). The consensus estimate for Energy Fuels' current full-year earnings is ($0.11) per share. Roth Capital also issued estimates for Energy Fuels' Q4 2024 earnings at $0.00 EPS.

Energy Fuels (NYSE:UUUU - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.02). The firm had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%.

A number of other analysts have also recently weighed in on UUUU. Roth Mkm lowered their price target on Energy Fuels from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday. HC Wainwright increased their target price on shares of Energy Fuels from $10.75 to $11.00 and gave the stock a "buy" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Energy Fuels presently has an average rating of "Hold" and an average price target of $8.50.

Energy Fuels Stock Performance

Shares of UUUU stock traded up $0.19 during trading hours on Wednesday, hitting $6.04. The company had a trading volume of 4,813,508 shares, compared to its average volume of 3,093,878. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -26.59 and a beta of 1.60. Energy Fuels has a 12 month low of $4.19 and a 12 month high of $8.68. The firm's fifty day moving average is $5.48 and its 200 day moving average is $5.67.

Hedge Funds Weigh In On Energy Fuels

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Lynx Investment Advisory bought a new stake in shares of Energy Fuels in the second quarter valued at about $30,000. Eastern Bank bought a new stake in Energy Fuels in the third quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Energy Fuels during the 2nd quarter worth approximately $31,000. Signaturefd LLC increased its holdings in shares of Energy Fuels by 261.7% during the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company's stock worth $33,000 after acquiring an additional 4,321 shares during the last quarter. Finally, Xponance Inc. acquired a new position in shares of Energy Fuels during the 2nd quarter worth approximately $61,000. 48.24% of the stock is owned by institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.