Q4 EPS Estimates for Centrus Energy Cut by Roth Capital

Centrus Energy Corp. (NYSE:LEU) – Equities researchers at Roth Capital cut their Q4 2024 earnings per share estimates for Centrus Energy in a report issued on Tuesday, November 19th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings of $0.46 per share for the quarter, down from their prior estimate of $0.71. Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Centrus Energy’s current full-year earnings is $2.28 per share.

Centrus Energy (NYSE:LEU) last released its earnings results on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.48). Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. The company had revenue of $57.70 million during the quarter, compared to analyst estimates of $56.50 million.

Several other analysts also recently issued reports on the company. Roth Mkm reduced their price objective on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. B. Riley upped their target price on Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $92.00.

Centrus Energy Stock Up 6.3 %

LEU opened at $79.90 on Thursday. The business’s fifty day moving average is $71.37 and its two-hundred day moving average is $52.55. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 16.91 and a beta of 1.19. Centrus Energy has a one year low of $33.51 and a one year high of $118.36.

Institutional Investors Weigh In On Centrus Energy

A number of large investors have recently modified their holdings of LEU. Russell Investments Group Ltd. increased its holdings in Centrus Energy by 2.8% during the 1st quarter. Russell Investments Group Ltd. now owns 28,544 shares of the company’s stock worth $1,185,000 after purchasing an additional 766 shares during the last quarter. Vanguard Group Inc. increased 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 worth $31,815,000 after purchasing an additional 17,033 shares during 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 purchasing an additional 46,254 shares during the last quarter. Wolff Wiese Magana LLC purchased a new stake in Centrus Energy during the 2nd quarter worth approximately $43,000. Finally, Sara Bay Financial grew its position in shares of 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 acquiring an additional 12,514 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

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.