Centrus Energy (NYSE:LEU) Rating Increased to Sell at StockNews.com

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

Separately, Roth Mkm dropped their price objective on shares of Centrus Energy from $65.00 to $62.00 and set a buy rating on the stock in a research note on Thursday, May 9th.

Centrus Energy Stock Up 0.6 %

Shares of NYSE:LEU opened at $42.23 on Monday. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.83 and a current ratio of 1.44. The company has a market cap of $662.17 million, a PE ratio of 9.28 and a beta of 1.33. Centrus Energy has a 52 week low of $28.42 and a 52 week high of $61.35. The firm has a 50 day simple moving average of $44.55 and a 200 day simple moving average of $45.72.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Tuesday, May 7th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.88). The company had revenue of $43.70 million during the quarter, compared to analyst estimates of $72.70 million. Centrus Energy had a net margin of 23.94% and a return on equity of 2,962.50%. As a group, research analysts expect that Centrus Energy will post 2.61 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. SeaCrest Wealth Management LLC acquired a new position in shares of Centrus Energy during the 1st quarter worth $216,000. HighTower Advisors LLC bought a new stake in shares of Centrus Energy during the 3rd quarter worth $285,000. Vontobel Holding Ltd. boosted its holdings in shares of Centrus Energy by 10.4% during the 4th quarter. Vontobel Holding Ltd. now owns 6,046 shares of the company’s stock worth $329,000 after buying an additional 569 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Centrus Energy by 43.6% during the 1st quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock worth $345,000 after buying an additional 2,523 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Centrus Energy by 24.8% during the 4th quarter. SG Americas Securities LLC now owns 7,030 shares of the company’s stock worth $383,000 after buying an additional 1,397 shares during the period. 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.