Uranium Energy (NYSEAMERICAN:UEC) Stock Rating Upgraded by National Bank Financial

Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) was upgraded by investment analysts at National Bank Financial to a "strong-buy" rating in a note issued to investors on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Uranium Energy's FY2025 earnings at ($0.01) EPS, FY2026 earnings at $0.23 EPS, FY2027 earnings at $0.49 EPS and FY2028 earnings at $0.56 EPS.

Other analysts have also issued research reports about the company. National Bankshares set a $10.00 target price on Uranium Energy and gave the stock an "outperform" rating in a report on Wednesday, February 12th. Roth Mkm reiterated a "buy" rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. Finally, HC Wainwright raised their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the company a "buy" rating in a report on Monday, December 9th.

Uranium Energy Stock Performance

UEC traded down $0.59 during trading on Tuesday, hitting $6.39. 9,785,197 shares of the stock were exchanged, compared to its average volume of 6,495,250. The stock has a 50 day moving average price of $6.64. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of -53.25 and a beta of 1.88. Uranium Energy has a 1 year low of $4.06 and a 1 year high of $8.93.

Hedge Funds Weigh In On Uranium Energy

Several hedge funds have recently modified their holdings of the stock. Creative Planning raised its stake in Uranium Energy by 13.3% in the 2nd quarter. Creative Planning now owns 50,157 shares of the basic materials company's stock worth $301,000 after acquiring an additional 5,871 shares during the last quarter. Vontobel Holding Ltd. boosted its position in Uranium Energy by 3.9% in the third quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company's stock valued at $239,000 after buying an additional 1,461 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Uranium Energy by 96.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 25,640 shares of the basic materials company's stock worth $159,000 after buying an additional 12,582 shares during the last quarter. Saxony Capital Management LLC acquired a new stake in Uranium Energy during the 3rd quarter valued at approximately $81,000. Finally, International Assets Investment Management LLC boosted its holdings in shares of Uranium Energy by 222.7% in the 3rd quarter. International Assets Investment Management LLC now owns 26,610 shares of the basic materials company's stock valued at $165,000 after acquiring an additional 18,365 shares during the last quarter. Institutional investors and hedge funds own 62.28% of the company's stock.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.