Q4 EPS Estimates for Centrus Energy Lowered by Roth Capital

Centrus Energy Corp. (NYSE:LEU - Free Report) - Analysts at Roth Capital decreased their Q4 2024 earnings per share estimates for shares of Centrus Energy in a research report issued on Tuesday, November 19th. Roth Capital analyst J. Reagor now forecasts that the company will earn $0.46 per share for the quarter, down from their prior forecast of $0.71. Roth Capital has a "Hold" rating on the stock. The consensus estimate for Centrus Energy's current full-year earnings is $2.28 per share.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its earnings results 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 during the quarter, compared to analyst estimates of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%.

A number of other analysts have also weighed in on LEU. Roth Mkm lowered their price target on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a report on Wednesday, October 30th. B. Riley lifted their target price on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Finally, StockNews.com upgraded Centrus Energy to a "sell" rating in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $92.00.

Centrus Energy Trading Up 9.7 %

LEU opened at $75.14 on Thursday. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $118.36. The stock has a market capitalization of $1.23 billion, a PE ratio of 14.30 and a beta of 1.19. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44. The firm has a 50-day moving average price of $70.66 and a two-hundred day moving average price of $52.39.

Hedge Funds Weigh In On Centrus Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Point72 DIFC Ltd acquired a new position in shares of Centrus Energy in the 2nd quarter valued at $42,000. Wolff Wiese Magana LLC acquired a new position in Centrus Energy in the second quarter valued at about $43,000. nVerses Capital LLC boosted its holdings in 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 buying an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Centrus Energy by 181.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company's stock worth $115,000 after buying an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp bought a new stake in shares of Centrus Energy in the 3rd quarter valued at about $203,000. 49.96% of the stock is owned by institutional investors.

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.

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