Now Is A Good Time To Buy Centrus Energy Corp (AMEX: LEU)

ZM Stock

During the last session, Centrus Energy Corp (AMEX:LEU)’s traded shares were 0.57 million, with the beta value of the company hitting 1.16. At the end of the trading day, the stock’s price was $79.81, reflecting an intraday gain of 0.11% or $0.09. The 52-week high for the LEU share is $122.94, that puts it down -54.04 from that peak though still a striking 58.01% gain since the share price plummeted to a 52-week low of $33.51. The company’s market capitalization is $1.34B, and the average trade volume was 803.66K 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 -0.08.

Centrus Energy Corp (AMEX:LEU) trade information

Centrus Energy Corp (LEU) registered a 0.11% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.11% in intraday trading to $79.81, hitting a weekly high. The stock’s 5-day price performance is -12.04%, and it has moved by -5.44% in 30 days. Based on these gigs, the overall price performance for the year is 99.52%.

The consensus price target of analysts on Wall Street is $58, which implies a decrease of -37.6% 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 27.33% off the target high and 27.33% off the low.

Centrus Energy Corp (LEU) estimates and forecasts

In the rating firms’ projections, revenue will decrease -3.39% 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 70.65M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 121.94M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 43.7M and 189M respectively. In this case, analysts expect current quarter sales to grow by 61.67% and then drop by -35.48% in the coming quarter.

While earnings are projected to return -38.50% in 2025, the next five years will return -3.91% per annum.

LEU Dividends

Centrus Energy Corp is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 1.02 million shares, is of MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.’s that is approximately 6.2872% 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 Dec 31, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 894.87 shares. This amounts to just over 5.58 percent of the company’s overall shares, with a $71.42 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 $33.61 million.