In the last trading session, 2.6 million shares of the Centrus Energy Corp (AMEX:LEU) were traded, and its beta was 1.13. Most recently the company’s share price was $70.16, and it changed around -$9.18 or -11.57% from the last close, which brings the market valuation of the company to $1.02B. LEU currently trades at a discount to its 52-week high of $118.36, offering almost -68.7% off that amount. The share price’s 52-week low was $33.51, which indicates that the current value has risen by an impressive 52.24% since then. We note from Centrus Energy Corp’s average daily trading volume that its 10-day average is 2.48 million shares, with the 3-month average coming to 944.10K.
Centrus Energy Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended LEU as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Centrus Energy Corp is expected to report earnings per share of 1.64 for the current quarter.
Centrus Energy Corp (AMEX:LEU) trade information
Instantly LEU has showed a red trend with a performance of -11.57% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 95.00 on recent trading dayincreased the stock’s daily price by 26.15%. The company’s shares are currently up 28.95% year-to-date, but still down -23.54% over the last five days. On the other hand, Centrus Energy Corp (AMEX:LEU) is -13.44% down in the 30-day period. We can see from the shorts that 2.08 million shares have been sold at a short interest cover period of 1.72 day(s).
The consensus price target as assigned by Wall Street analysts is $64, which translates to bulls needing to decrease their stock price by -9.62% from its current value. Analyst projections state that LEU is forecast to be at a low of $58 and a high of $70.
Centrus Energy Corp (LEU) estimates and forecasts
Centrus Energy Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 50.53 percent over the past six months and at a -55.88% annual growth rate that is well below the industry average of 13.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -54.19% in revenue this quarter, and will report an increase of 147.37% in the next quarter. The year-over-year growth rate is expected to be 25.57%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 111.67M in revenue for the current quarter. 2 analysts expect Centrus Energy Corp to make 70.2M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 103.6M and 43.7M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.79%. Forecasts for the next quarter put sales growth at 60.64%.
LEU Dividends
Centrus Energy Corp’s next quarterly earnings report is expected to be released in December. The average dividend yield for the past five years averaged 5.94 per year.
Centrus Energy Corp (AMEX:LEU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.37% of Centrus Energy Corp shares, and 58.82% of them are in the hands of institutional investors. The stock currently has a share float of 64.91%. Centrus Energy Corp stock is held by 239.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5567% of the shares, which is about 1.04 million shares worth $44.58 million.
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with 6.3975% or 1.02 million shares worth $43.5 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
