Centrus Energy (NYSE:LEU) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) from a sell rating to a hold rating in a report released on Friday.

LEU has been the topic of a number of other reports. B. Riley reiterated a buy rating and set a $72.00 price target on shares of Centrus Energy in a research report on Tuesday, February 13th. TheStreet raised Centrus Energy from a d- rating to a c rating in a research note on Friday, February 9th.

Centrus Energy Stock Up 1.6 %

LEU stock opened at $41.28 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.80 and a debt-to-equity ratio of 4.73. The company’s 50 day moving average is $41.96 and its 200 day moving average is $48.50. The stock has a market cap of $647.27 million, a price-to-earnings ratio of 7.64 and a beta of 1.39. Centrus Energy has a 1-year low of $24.88 and a 1-year high of $61.35.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Thursday, February 8th. The company reported $3.58 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $2.80. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. The business had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $61.05 million. Sell-side analysts predict that Centrus Energy will post 2.71 EPS for the current fiscal year.

Insider Activity

In related news, SVP John M. A. Donelson sold 16,073 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $40.24, for a total value of $646,777.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.40% of the company’s stock.

Institutional Trading of Centrus Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC purchased a new stake in Centrus Energy in the first quarter worth $216,000. Vanguard Group Inc. boosted its holdings in shares of Centrus Energy by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 749,031 shares of the company’s stock valued at $40,755,000 after buying an additional 36,646 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Centrus Energy by 32.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 291,996 shares of the company’s stock valued at $15,889,000 after buying an additional 72,103 shares in the last quarter. Barclays PLC boosted its holdings in shares of Centrus Energy by 337.1% during the 4th quarter. Barclays PLC now owns 19,501 shares of the company’s stock valued at $1,060,000 after buying an additional 15,040 shares in the last quarter. Finally, Goehring & Rozencwajg Associates LLC boosted its holdings in shares of Centrus Energy by 3.5% during the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 160,193 shares of the company’s stock valued at $8,716,000 after buying an additional 5,355 shares in the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.