Roth Mkm Cuts Energy Fuels (NYSE:UUUU) Price Target to $5.50

Energy Fuels (NYSE:UUUU) had its price objective cut by Roth Mkm from $6.00 to $5.50 in a research note issued to investors on Monday morning, Benzinga reports. They currently have a neutral rating on the stock.

Separately, HC Wainwright boosted their price objective on Energy Fuels from $10.75 to $11.00 and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels has a consensus rating of “Hold” and a consensus price target of $8.50.

Energy Fuels Stock Performance

NYSE UUUU opened at $6.04 on Monday. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -27.45 and a beta of 1.60. Energy Fuels has a one year low of $4.19 and a one year high of $8.68. The company’s 50 day moving average price is $5.51 and its 200 day moving average price is $5.66.

Energy Fuels (NYSE:UUUU) last issued its earnings results on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The business had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. Sell-side analysts forecast that Energy Fuels will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UUUU. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in Energy Fuels in the 1st quarter worth $392,000. Principal Financial Group Inc. boosted its holdings in Energy Fuels by 14.3% in the first quarter. Principal Financial Group Inc. now owns 21,111 shares of the company’s stock valued at $133,000 after purchasing an additional 2,639 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Energy Fuels by 54.4% during the 1st quarter. BNP Paribas Financial Markets now owns 124,693 shares of the company’s stock valued at $784,000 after purchasing an additional 43,940 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Energy Fuels by 19.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 57,805 shares of the company’s stock valued at $364,000 after purchasing an additional 9,335 shares in the last quarter. Finally, Swiss National Bank increased its holdings in Energy Fuels by 2.6% during the 1st quarter. Swiss National Bank now owns 321,500 shares of the company’s stock worth $2,010,000 after purchasing an additional 8,000 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.