Centrus Energy (NYSE:LEU) Upgraded by StockNews.com to “Hold”

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

Several other analysts have also recently issued reports on the company. B. Riley restated a buy rating and issued a $72.00 target price on shares of Centrus Energy in a report on Tuesday, February 13th. TheStreet upgraded shares of Centrus Energy from a d- rating to a c rating in a research report on Friday, February 9th.

Centrus Energy Stock Performance

LEU opened at $42.00 on Friday. Centrus Energy has a twelve month low of $24.88 and a twelve month high of $61.35. The firm has a market capitalization of $658.39 million, a PE ratio of 7.78 and a beta of 1.39. The company has a current ratio of 1.45, a quick ratio of 0.80 and a debt-to-equity ratio of 4.73. The firm’s 50-day moving average price is $41.86 and its 200 day moving average price is $48.39.

Centrus Energy (NYSE:LEU) last issued its earnings results on Thursday, February 8th. The company reported $3.58 earnings per share for the quarter, topping the consensus estimate of $0.78 by $2.80. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. The business had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $61.05 million. As a group, sell-side analysts expect that Centrus Energy will post 2.71 EPS for the current fiscal year.

Insider Transactions at Centrus Energy

In related news, SVP John M. A. Donelson sold 16,073 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $40.24, for a total transaction of $646,777.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 6.40% of the company’s stock.

Hedge Funds Weigh In On Centrus Energy

Several institutional investors have recently modified their holdings of the business. Spire Wealth Management purchased a new position in shares of Centrus Energy in the 3rd quarter valued at about $29,000. Arizona State Retirement System acquired a new position in shares of Centrus Energy in the 3rd quarter valued at $203,000. Heritage Investors Management Corp purchased a new position in shares of Centrus Energy during the third quarter worth about $210,000. Corton Capital Inc. purchased a new position in Centrus Energy during the 3rd quarter worth approximately $232,000. Finally, Weil Company Inc. acquired a new stake in shares of Centrus Energy in the third quarter valued at approximately $247,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

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.