Centrus Energy Corp. (NYSE:LEU) Receives $224.60 Average Price Target from Brokerages

Centrus Energy Corp. (NYSE:LEU) has received an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $224.60.

Several brokerages recently weighed in on LEU. Evercore ISI raised their price target on shares of Centrus Energy from $251.00 to $252.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Bank of America restated a “neutral” rating and issued a $285.00 target price (up previously from $210.00) on shares of Centrus Energy in a report on Thursday, August 7th. UBS Group upgraded Centrus Energy to a “hold” rating and set a $215.00 price target for the company in a report on Monday, July 21st. Northland Securities set a $275.00 price objective on Centrus Energy in a research note on Thursday, August 7th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Centrus Energy from $275.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday, November 7th.

Institutional Investors Weigh In On Centrus Energy

A number of institutional investors have recently added to or reduced their stakes in LEU. Vanguard Group Inc. boosted its stake in shares of Centrus Energy by 8.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,072,118 shares of the company’s stock worth $332,432,000 after buying an additional 86,509 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Centrus Energy by 3.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after acquiring an additional 32,002 shares during the period. Van ECK Associates Corp boosted its position in Centrus Energy by 25.9% in the third quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock worth $242,161,000 after purchasing an additional 160,482 shares during the last quarter. American Century Companies Inc. grew its stake in Centrus Energy by 78.8% in the 3rd quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock valued at $137,132,000 after purchasing an additional 194,909 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Centrus Energy by 3.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 358,799 shares of the company’s stock valued at $111,260,000 after purchasing an additional 10,333 shares during the period. 49.96% of the stock is owned by institutional investors.

Centrus Energy Stock Performance

NYSE LEU opened at $253.85 on Friday. The company has a market cap of $4.62 billion, a P/E ratio of 57.56 and a beta of 1.56. The company has a fifty day simple moving average of $318.21 and a 200 day simple moving average of $219.00. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. Centrus Energy has a 12-month low of $49.40 and a 12-month high of $464.25.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.17). Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.Centrus Energy’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.30) EPS. Sell-side analysts predict that Centrus Energy will post 2.63 earnings per share for the current fiscal year.

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.