Centrus Energy (NYSE:LEU) Raised to Sell at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) to a sell rating in a report published on Monday morning.

Separately, Roth Mkm lowered their price objective on Centrus Energy from $65.00 to $62.00 and set a buy rating for the company in a research report on Thursday, May 9th.

Centrus Energy Stock Performance

Shares of LEU stock opened at $42.23 on Monday. The business’s 50-day moving average price is $44.55 and its 200-day moving average price is $45.72. Centrus Energy has a 12 month low of $28.42 and a 12 month high of $61.35. The firm has a market capitalization of $662.17 million, a price-to-earnings ratio of 9.28 and a beta of 1.33. The company has a current ratio of 1.44, a quick ratio of 0.83 and a debt-to-equity ratio of 3.67.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, May 7th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.88). Centrus Energy had a return on equity of 2,962.50% and a net margin of 23.94%. The company had revenue of $43.70 million for the quarter, compared to the consensus estimate of $72.70 million. Equities research analysts forecast that Centrus Energy will post 2.61 EPS for the current year.

Institutional Investors Weigh In On Centrus Energy

Hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its holdings in shares of Centrus Energy by 189.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company’s stock valued at $5,587,000 after acquiring an additional 64,421 shares in the last quarter. Heartland Advisors Inc. bought a new stake in shares of Centrus Energy during the first quarter valued at approximately $2,076,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Centrus Energy by 6.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock valued at $41,418,000 after acquiring an additional 47,789 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock valued at $14,048,000 after acquiring an additional 46,254 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Centrus Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after acquiring an additional 17,033 shares in the last quarter. 49.96% of the stock is currently 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.