If All Goes Well, Centrus Energy Corp (AMEX: LEU) Could Grow By 51.14% Or More

During the last session, Centrus Energy Corp (AMEX:LEU)’s traded shares were 1.22 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stock’s price was $118.71, reflecting an intraday gain of 4.13% or $4.71. The 52-week high for the LEU share is $119.42, that puts it down -0.6 from that peak though still a striking 71.77% gain since the share price plummeted to a 52-week low of $33.51. The company’s market capitalization is $1.99B, and the average intraday trading volume over the past 10 days was 1.11 million shares, and the average trade volume was 927.76K 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.

Centrus Energy Corp (AMEX:LEU) trade information

Centrus Energy Corp (LEU) registered a 4.13% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.13% in intraday trading to $118.71, hitting a weekly high. The stock’s 5-day price performance is 40.65%, and it has moved by 70.17% in 30 days. Based on these gigs, the overall price performance for the year is 159.82%. The short interest in Centrus Energy Corp (AMEX:LEU) is 3.48 million shares and it means that shorts have 5.89 day(s) to cover.

The consensus price target of analysts on Wall Street is $58, which implies a decrease of -104.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $58 and $58 respectively. As a result, LEU is trading at a premium of 51.14% off the target high and 51.14% off the low.

While earnings are projected to return -42.28% in 2025, the next five years will return -14.03% per annum.

LEU Dividends

Centrus Energy Corp is due to release its next quarterly earnings in March. 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 5.56% of total outstanding shares while institutional holders control 64.05%, with the float percentage being 67.82%. BLACKROCK INC. is the largest shareholder of the company, while 260.0 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.

Also, the Mutual Funds coming in first place with the largest holdings of Centrus Energy Corp (LEU) shares are Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund . Data provided on Nov 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 919.52 shares. This amounts to just over 5.73 percent of the company’s overall shares, with a $109.16 million market value. The same data shows that the other fund manager holds slightly less at 421.08, or about 2.62% of the stock, which is worth about $49.99 million.