Centrus Energy (NYSE:LEU) Reaches New 12-Month High - Should You Buy?

Centrus Energy Corp. (NYSE:LEU - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $108.91 and last traded at $108.91, with a volume of 41010 shares trading hands. The stock had previously closed at $104.95.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LEU shares. Roth Capital lowered Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Roth Mkm cut their target price on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday. B. Riley lifted their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, StockNews.com upgraded shares of Centrus Energy to a "sell" rating in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of "Hold" and an average target price of $92.00.

Centrus Energy Stock Performance

The stock has a fifty day moving average price of $56.17 and a 200-day moving average price of $47.73. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 21.26 and a beta of 1.32.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.48). Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The company had revenue of $57.70 million for the quarter, compared to the consensus estimate of $56.50 million. As a group, analysts anticipate that Centrus Energy Corp. will post 3.06 earnings per share for the current fiscal year.

Institutional Trading of Centrus Energy

Several large investors have recently made changes to their positions in the business. Point72 DIFC Ltd acquired a new stake in shares of Centrus Energy in the second quarter valued at approximately $42,000. Wolff Wiese Magana LLC acquired a new stake in shares of Centrus Energy in the 2nd quarter valued at $43,000. nVerses Capital LLC raised its position in shares of Centrus Energy by 133.3% during the second quarter. nVerses Capital LLC now owns 1,400 shares of the company's stock worth $60,000 after acquiring an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Centrus Energy by 181.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock valued at $115,000 after acquiring an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp bought a new position in Centrus Energy in the third quarter valued at about $203,000. Institutional investors own 49.96% of the company's stock.

About Centrus Energy

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.