During the last session, Centrus Energy Corp (AMEX:LEU)’s traded shares were 1.27 million, with the beta value of the company hitting 1.14. At the end of the trading day, the stock’s price was $79.90, reflecting an intraday gain of 6.33% or $4.76. The 52-week high for the LEU share is $118.36, that puts it down -48.14 from that peak though still a striking 58.06% gain since the share price plummeted to a 52-week low of $33.51. The company’s market capitalization is $1.31B, and the average intraday trading volume over the past 10 days was 1.63 million shares, and the average trade volume was 1.05 million shares over the past three months.
Centrus Energy Corp (LEU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. LEU has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 1.64.
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Centrus Energy Corp (AMEX:LEU) trade information
Centrus Energy Corp (LEU) registered a 6.33% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.33% in intraday trading to $79.90, hitting a weekly high. The stock’s 5-day price performance is 0.71%, and it has moved by -11.74% in 30 days. Based on these gigs, the overall price performance for the year is 56.09%. The short interest in Centrus Energy Corp (AMEX:LEU) is 2.08 million shares and it means that shorts have 1.72 day(s) to cover.
The consensus price target of analysts on Wall Street is $64, which implies a decrease of -24.84% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $58 and $70 respectively. As a result, LEU is trading at a premium of 12.39% off the target high and 27.41% off the low.
Centrus Energy Corp (LEU) estimates and forecasts
Statistics show that Centrus Energy Corp has underperformed its competitors in share price, compared to the industry in which it operates. Centrus Energy Corp (LEU) shares have gone up 73.96% during the last six months, with a year-to-date growth rate less than the industry average at -58.09% against 13.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -54.19% this quarter and then jump 147.37% in the quarter after that. In the rating firms’ projections, revenue will increase 24.01% 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 106.67M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 70.2M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 103.6M and 43.7M respectively. In this case, analysts expect current quarter sales to grow by 2.96% and then jump by 60.64% in the coming quarter.
While earnings are projected to return -54.90% in 2024.
LEU Dividends
Centrus Energy Corp is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 5.94%.
Centrus Energy Corp (AMEX:LEU)’s Major holders
Centrus Energy Corp insiders own 9.37% of total outstanding shares while institutional holders control 59.11%, with the float percentage being 65.22%. BLACKROCK INC. is the largest shareholder of the company, while 240.0 institutions own stock in it. As of 2024-06-30, the company held over 1.04 million shares (or 6.5567% of all shares), a total value of $44.58 million in shares.
The next largest institutional holding, with 1.02 million shares, is of MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.’s that is approximately 6.3975% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $43.5 million.
