During the recent session, Uranium Energy Corp (AMEX:UEC)’s traded shares were 2.5 million, with the beta value of the company hitting 1.86. At the last check today, the stock’s price was $8.51, reflecting an intraday gain of 1.32% or $0.11. The 52-week high for the UEC share is $8.67, that puts it down -1.88 from that peak though still a striking 52.29% gain since the share price plummeted to a 52-week low of $4.06. The company’s market capitalization is $3.50B, and the average intraday trading volume over the past 10 days was 9.84 million shares, and the average trade volume was 8.84 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.
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Uranium Energy Corp (AMEX:UEC) trade information
Uranium Energy Corp (UEC) registered a 1.32% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.32% in intraday trading to $8.51, hitting a weekly high. The stock’s 5-day price performance is 14.70%, and it has moved by 6.92% in 30 days. Based on these gigs, the overall price performance for the year is 33.82%. The short interest in Uranium Energy Corp (AMEX:UEC) is 52.41 million shares and it means that shorts have 5.85 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.5, which implies an increase of 10.42% 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 -20.45% off the target high and 35.37% 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 17.23% during the last six months, with a year-to-date growth rate more than the industry average at 200.00% against 12.20. In the rating firms’ projections, revenue will increase 51,283.93% 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. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 108k and 116k respectively. In this case, analysts expect current quarter sales to grow by 15,733.33% and then jump by 10,934.48% in the coming quarter.
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 157.24% in 2024.
UEC Dividends
Uranium 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.
Uranium Energy Corp (AMEX:UEC)’s Major holders
Uranium Energy Corp insiders own 2.00% of total outstanding shares while institutional holders control 80.13%, with the float percentage being 81.77%. MMCAP INTERNATIONAL INC. SPC is the largest shareholder of the company, while 399.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of Uranium Energy Corp (UEC) shares are Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund. Data provided on Sep 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 26.67 shares. This amounts to just over 6.48 percent of the company’s overall shares, with a $227.89 million market value. The same data shows that the other fund manager holds slightly less at 12.39, or about 3.01% of the stock, which is worth about $105.85 million.
