Centrus Energy (NYSE:LEU) Issues Earnings Results

Centrus Energy (NYSE:LEU) issued its quarterly earnings results on Monday. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.48), Zacks reports. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The business had revenue of $57.70 million during the quarter, compared to the consensus estimate of $56.50 million.

Centrus Energy Stock Performance

Centrus Energy stock opened at $103.59 on Wednesday. The firm has a market capitalization of $1.69 billion, a P/E ratio of 18.47 and a beta of 1.32. The company’s 50-day moving average is $54.87 and its 200 day moving average is $47.31. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $105.28. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02.

Wall Street Analyst Weigh In

LEU has been the topic of several research analyst reports. Roth Mkm lowered Centrus Energy from a “buy” rating to a “neutral” rating and upped their target price for the company from $55.00 to $62.00 in a research report on Thursday, October 10th. Roth Capital lowered Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $67.00.

About Centrus Energy

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.