Centrus Energy Corp. (NYSE:LEU) Stock Has Average Price Target of $211.93

Centrus Energy Corp. (NYSE:LEU) has been given a consensus rating of “Moderate Buy” by the eighteen research firms that are presently covering the firm, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $199.41.

A number of equities research analysts have recently commented on the stock. TD Cowen began coverage on shares of Centrus Energy in a report on Monday. They set a “hold” rating and a $120.00 price target on the stock. Guggenheim initiated coverage on shares of Centrus Energy in a report on Thursday, October 8th. They issued a “buy” rating and a $167.00 price objective for the company. HC Wainwright restated a “buy” rating and issued a $300.00 price objective on shares of Centrus Energy in a report on Wednesday, October 21st. Barclays lowered their price objective on Centrus Energy from $207.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 22nd. Finally, UBS Group cut their target price on Centrus Energy from $185.00 to $120.00 and set a “neutral” rating on the stock in a research note on Friday.

Centrus Energy Price Performance

Shares of Centrus Energy stock opened at $109.58 on Friday. Centrus Energy has a 1 year low of $96.80 and a 1 year high of $401.99. The firm’s 50-day moving average is $149.53 and its 200 day moving average is $189.37. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 49.81 and a beta of 1.53.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $1.03. The firm had revenue of $176.10 million for the quarter. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.59 EPS. On average, equities analysts expect that Centrus Energy will post 4.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Western Wealth Management LLC bought a new stake in Centrus Energy in the 1st quarter worth about $31,000. Leonteq Securities AG purchased a new position in Centrus Energy in the 1st quarter worth about $35,000. IFP Advisors Inc lifted its stake in Centrus Energy by 172.4% during the 2nd quarter. IFP Advisors Inc now owns 237 shares of the company’s stock valued at $40,000 after acquiring an additional 150 shares during the period. Vestor Capital LLC bought a new position in Centrus Energy during the 1st quarter valued at about $55,000. Finally, Parallel Advisors LLC lifted its position in Centrus Energy by 38.5% during the first quarter. Parallel Advisors LLC now owns 338 shares of the company’s stock valued at $59,000 after purchasing an additional 94 shares during the period. 49.96% of the stock is owned by institutional investors.

Centrus Energy Company Profile

Centrus Energy Corp. (NYSE:LEU) is a U.S.-based supplier of nuclear fuel and related services. The company provides enriched uranium products, including low-enriched uranium used to fuel commercial nuclear reactors, as well as uranium and fuel-management services for utilities and other customers in the nuclear energy industry.

Centrus is also developing high-assay low-enriched uranium (HALEU), an advanced fuel intended for certain next-generation and small modular reactors. Its American Centrifuge technology is being developed to support domestic uranium enrichment and reduce reliance on foreign fuel-supply chains.