Centrus Energy (NYSE:LEU) PT Lowered to $55.00

Centrus Energy (NYSE:LEU) had its target price reduced by Roth Mkm from $62.00 to $55.00 in a research report released on Thursday morning, Benzinga reports. They currently have a buy rating on the stock.

Separately, StockNews.com raised Centrus Energy to a sell rating in a report on Wednesday.

Centrus Energy Stock Performance

Shares of LEU stock traded down $0.86 during trading on Thursday, hitting $39.81. The company’s stock had a trading volume of 188,707 shares, compared to its average volume of 228,269. The business has a fifty day moving average of $43.04 and a 200-day moving average of $43.86. The company has a market cap of $624.06 million, a PE ratio of 8.75 and a beta of 1.33. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $61.35. The company has a current ratio of 1.44, a quick ratio of 0.83 and a debt-to-equity ratio of 3.67.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $0.77 by $1.12. Centrus Energy had a net margin of 22.96% and a return on equity of 634.20%. The business had revenue of $189.00 million for the quarter, compared to analyst estimates of $82.70 million. As a group, research analysts anticipate that Centrus Energy will post 2.61 earnings per share for the current year.

Institutional Trading of Centrus Energy

A number of institutional investors have recently added to or reduced their stakes in LEU. Vanguard Group Inc. grew its holdings in Centrus Energy by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after buying an additional 17,033 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Centrus Energy by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock worth $14,048,000 after acquiring an additional 46,254 shares during the period. Sara Bay Financial lifted its stake in Centrus Energy by 3.9% in the 2nd quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock worth $14,415,000 after purchasing an additional 12,514 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Centrus Energy by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company’s stock worth $12,727,000 after purchasing an additional 8,678 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Centrus Energy by 382.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock valued at $9,516,000 after purchasing an additional 176,431 shares during the period. Hedge funds and other institutional investors 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.