HC Wainwright Reduces Earnings Estimates for Centrus Energy

Centrus Energy Corp. (NYSE:LEU) – Equities researchers at HC Wainwright dropped their Q4 2026 earnings per share (EPS) estimates for Centrus Energy in a research report issued to clients and investors on Friday, July 24th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings per share of $1.80 for the quarter, down from their previous forecast of $1.89. HC Wainwright currently has a “Buy” rating and a $300.00 target price on the stock. The consensus estimate for Centrus Energy’s current full-year earnings is $2.77 per share. HC Wainwright also issued estimates for Centrus Energy’s FY2027 earnings at $2.18 EPS, FY2028 earnings at $3.02 EPS, FY2029 earnings at $4.09 EPS and FY2030 earnings at $6.06 EPS.

LEU has been the topic of several other research reports. B. Riley Financial lowered their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Zacks Research upgraded shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Truist Financial assumed coverage on shares of Centrus Energy in a report on Monday, July 13th. They set a “buy” rating and a $215.00 price target for the company. UBS Group lowered their price objective on shares of Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Finally, Needham & Company LLC initiated coverage on shares of Centrus Energy in a research note on Thursday, July 9th. They issued a “buy” rating and a $264.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Centrus Energy presently has an average rating of “Moderate Buy” and a consensus target price of $250.08.

Centrus Energy Stock Down 3.7%

Shares of Centrus Energy stock opened at $169.45 on Monday. Centrus Energy has a 1 year low of $142.13 and a 1 year high of $464.25. The company has a market cap of $3.33 billion, a P/E ratio of 56.11, a P/E/G ratio of 21.21 and a beta of 1.35. The company has a current ratio of 5.72, a quick ratio of 4.88 and a debt-to-equity ratio of 1.52. The stock has a 50-day moving average price of $170.82 and a 200 day moving average price of $204.71.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. The business had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.Centrus Energy’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 earnings per share.

Institutional Investors Weigh In On Centrus Energy

Several institutional investors have recently made changes to their positions in the company. Handelsbanken Fonder AB grew its stake in shares of Centrus Energy by 27.4% in the 2nd quarter. Handelsbanken Fonder AB now owns 6,980 shares of the company’s stock valued at $1,172,000 after buying an additional 1,500 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Centrus Energy by 10.9% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 12,820 shares of the company’s stock valued at $2,152,000 after acquiring an additional 1,264 shares during the last quarter. GAMMA Investing LLC lifted its stake in Centrus Energy by 61.6% in the second quarter. GAMMA Investing LLC now owns 446 shares of the company’s stock valued at $75,000 after acquiring an additional 170 shares during the last quarter. Parallel Advisors LLC lifted its stake in Centrus Energy by 38.5% in the first quarter. Parallel Advisors LLC now owns 338 shares of the company’s stock valued at $59,000 after acquiring an additional 94 shares during the last quarter. Finally, Glenmede Trust Co. NA grew its position in Centrus Energy by 98.4% in the first quarter. Glenmede Trust Co. NA now owns 2,877 shares of the company’s stock worth $499,000 after acquiring an additional 1,427 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $203.55, for a total value of $62,286.30. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.72% of the stock is owned by company insiders.

About Centrus Energy

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.