During the last session, Uranium Energy Corp (AMEX:UEC)’s traded shares were 4.64 million, with the beta value of the company hitting 1.86. At the end of the trading day, the stock’s price was $7.78, reflecting an intraday loss of -2.63% or -$0.21. The 52-week high for the UEC share is $8.67, that puts it down -11.44 from that peak though still a striking 47.81% gain since the share price plummeted to a 52-week low of $4.06. The company’s market capitalization is $3.20B, and the average intraday trading volume over the past 10 days was 10.24 million shares, and the average trade volume was 8.49 million shares over the past three months.
Uranium Energy Corp (UEC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. UEC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.04.
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Uranium Energy Corp (AMEX:UEC) trade information
Uranium Energy Corp (UEC) registered a -2.63% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.63% in intraday trading to $7.78, hitting a weekly high. The stock’s 5-day price performance is 0.13%, and it has moved by 18.78% in 30 days. Based on these gigs, the overall price performance for the year is 36.01%. The short interest in Uranium Energy Corp (AMEX:UEC) is 55.04 million shares and it means that shorts have 6.48 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.5, which implies an increase of 18.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $10.25 respectively. As a result, UEC is trading at a discount of -31.75% off the target high and 29.31% off the low.
Uranium Energy Corp (UEC) estimates and forecasts
Statistics show that Uranium Energy Corp has outperformed its competitors in share price, compared to the industry in which it operates. Uranium Energy Corp (UEC) shares have gone up 13.74% during the last six months, with a year-to-date growth rate more than the industry average at 200.00% against 15.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 33.30% this quarter and then drop -100.00% in the quarter after that. In the rating firms’ projections, revenue will increase 44,833.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 17.1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 12.8M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.49%. While earnings are projected to return 231.43% in 2024.
UEC Dividends
Uranium Energy Corp is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Uranium Energy Corp (AMEX:UEC)’s Major holders
Uranium Energy Corp insiders own 2.00% of total outstanding shares while institutional holders control 78.69%, with the float percentage being 80.29%. MMCAP INTERNATIONAL INC. SPC is the largest shareholder of the company, while 403.0 institutions own stock in it. As of 2024-06-30, the company held over 31.57 million shares (or 7.8122% of all shares), a total value of $189.73 million in shares.
The next largest institutional holding, with 28.99 million shares, is of BLACKROCK INC.’s that is approximately 7.175% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $174.26 million.