Centrus Energy (NYSE:LEU) Given New $195.00 Price Target at UBS Group

Centrus Energy (NYSE:LEU) had its price objective lowered by equities research analysts at UBS Group from $245.00 to $195.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price suggests a potential downside of 0.46% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. William Blair reissued an “outperform” rating on shares of Centrus Energy in a report on Tuesday, January 6th. Citigroup decreased their target price on shares of Centrus Energy from $292.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Northland Securities set a $285.00 target price on shares of Centrus Energy in a research note on Thursday, February 12th. Roth Mkm reissued a “neutral” rating and issued a $137.00 price target on shares of Centrus Energy in a research report on Wednesday, February 11th. Finally, B. Riley Financial raised their price target on shares of Centrus Energy from $221.00 to $315.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Centrus Energy has an average rating of “Moderate Buy” and a consensus price target of $258.83.

Centrus Energy Stock Performance

Centrus Energy stock traded down $7.18 during trading hours on Thursday, hitting $195.90. The stock had a trading volume of 183,656 shares, compared to its average volume of 1,224,981. The company has a 50-day moving average of $260.11 and a two-hundred day moving average of $272.55. The company has a quick ratio of 4.83, a current ratio of 5.59 and a debt-to-equity ratio of 1.54. Centrus Energy has a fifty-two week low of $49.40 and a fifty-two week high of $464.25. The company has a market cap of $3.85 billion, a PE ratio of 46.98 and a beta of 1.26.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.63). The firm had revenue of $146.20 million for the quarter, compared to the consensus estimate of $145.40 million. Centrus Energy had a net margin of 17.34% and a return on equity of 15.52%. The business’s revenue was down 3.6% compared to the same quarter last year. On average, equities research analysts anticipate that Centrus Energy will post 2.63 EPS for the current fiscal year.

Hedge Funds Weigh In On Centrus Energy

Several institutional investors have recently added to or reduced their stakes in LEU. Vermillion Wealth Management Inc. grew its stake in Centrus Energy by 5,000.0% during the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. RiverPark Advisors LLC bought a new position in shares of Centrus Energy in the third quarter valued at approximately $33,000. Fulcrum Asset Management LLP acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $34,000. Aventura Private Wealth LLC bought a new stake in Centrus Energy during the 4th quarter worth approximately $30,000. Finally, Rothschild Investment LLC grew its position in Centrus Energy by 54.9% during the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock worth $39,000 after acquiring an additional 45 shares during the last quarter. 49.96% of the stock is owned by institutional investors.

Centrus Energy Company Profile

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.