Centrus Energy (NYSE:LEU) Given New $126.00 Price Target at B. Riley

Centrus Energy (NYSE:LEU - Get Free Report) had its target price lifted by B. Riley from $88.00 to $126.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a "buy" rating on the stock. B. Riley's target price points to a potential upside of 22.44% from the stock's current price.

A number of other brokerages also recently issued reports on LEU. Roth Mkm downgraded shares of Centrus Energy from a "buy" rating to a "neutral" rating and increased their price target for the company from $55.00 to $62.00 in a report on Thursday, October 10th. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Wednesday, August 7th. Finally, Roth Capital lowered Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned 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

NYSE LEU traded down $2.04 on Wednesday, hitting $102.91. 1,008,693 shares of the company's stock were exchanged, compared to its average volume of 346,047. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 21.26 and a beta of 1.32. The firm's 50-day moving average price is $56.17 and its two-hundred day moving average price is $47.73. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $108.73. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02.

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

Institutional Trading of Centrus Energy

Several large investors have recently modified their holdings of LEU. Evermay Wealth Management LLC lifted its stake in Centrus Energy by 3.5% in the 3rd quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company's stock valued at $284,000 after buying an additional 175 shares in the last quarter. Old West Investment Management LLC increased its position in Centrus Energy by 3.3% during the 2nd quarter. Old West Investment Management LLC now owns 9,889 shares of the company's stock worth $423,000 after purchasing an additional 316 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in Centrus Energy by 10.1% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 5,715 shares of the company's stock valued at $244,000 after purchasing an additional 525 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Centrus Energy by 2.8% in the 1st quarter. Russell Investments Group Ltd. now owns 28,544 shares of the company's stock valued at $1,185,000 after purchasing an additional 766 shares in the last quarter. Finally, nVerses Capital LLC boosted its stake in shares of Centrus Energy by 133.3% during the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company's stock worth $60,000 after purchasing an additional 800 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

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.