Q4 EPS Estimates for Centrus Energy Lowered by Roth Capital

Centrus Energy Corp. (NYSE:LEU - Free Report) - Stock analysts at Roth Capital reduced their Q4 2024 earnings estimates for Centrus Energy in a research note issued to investors on Tuesday, November 19th. Roth Capital analyst J. Reagor now expects that the company will earn $0.46 per share for the quarter, down from their prior estimate of $0.71. Roth Capital currently 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 posted its earnings results on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.48). The firm had revenue of $57.70 million during the quarter, compared to analysts' expectations of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%.

Several other brokerages have also commented on LEU. StockNews.com upgraded Centrus Energy to a "sell" rating in a research report on Wednesday, August 7th. 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, October 30th. Finally, Roth Mkm cut their price objective on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Centrus Energy presently has an average rating of "Hold" and a consensus price target of $92.00.

Centrus Energy Price Performance

LEU traded up $3.70 on Thursday, reaching $78.84. The company had a trading volume of 759,912 shares, compared to its average volume of 467,477. Centrus Energy has a 52-week low of $33.51 and a 52-week high of $118.36. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 16.91 and a beta of 1.19. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. The business has a 50 day simple moving average of $71.37 and a 200 day simple moving average of $52.55.

Institutional Investors Weigh In On Centrus Energy

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in shares of Centrus Energy by 4.9% in the third quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock worth $17,552,000 after buying an additional 15,080 shares in the last quarter. Barclays PLC lifted its position in Centrus Energy by 103.8% in the 3rd quarter. Barclays PLC now owns 37,588 shares of the company's stock valued at $2,061,000 after acquiring an additional 19,140 shares in the last quarter. XTX Topco Ltd purchased a new stake in Centrus Energy during the 3rd quarter valued at $615,000. Kovitz Investment Group Partners LLC purchased a new position in shares of Centrus Energy in the third quarter worth $1,639,000. Finally, Stifel Financial Corp lifted its holdings in shares of Centrus Energy by 48.2% during the third quarter. Stifel Financial Corp now owns 21,301 shares of the company's stock valued at $1,168,000 after purchasing an additional 6,929 shares in the last quarter. 49.96% of the stock is owned by institutional investors.

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.