HC Wainwright Cuts Earnings Estimates for Centrus Energy

Centrus Energy Corp. (NYSE:LEU) – Research analysts at HC Wainwright lowered their FY2026 earnings estimates for shares of Centrus Energy in a report released on Friday, August 7th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings per share of $2.30 for the year, down from their prior estimate of $2.57. HC Wainwright currently has a “Buy” rating and a $300.00 target price on the stock. The consensus estimate for Centrus Energy’s current full-year earnings is $2.60 per share.

LEU has been the subject of several other research reports. Roth Capital reaffirmed a “neutral” rating and issued a $188.00 target price on shares of Centrus Energy in a research report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Centrus Energy in a report on Tuesday, August 4th. B. Riley Financial reduced their price target on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Bank of America decreased their price target on Centrus Energy from $240.00 to $205.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. Finally, Citigroup lowered their price objective on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.17.

Centrus Energy Trading Down 1.4%

NYSE:LEU opened at $188.77 on Monday. The business’s 50-day moving average is $170.90 and its two-hundred day moving average is $196.54. The company has a debt-to-equity ratio of 1.39, a current ratio of 5.39 and a quick ratio of 4.52. Centrus Energy has a 12 month low of $142.13 and a 12 month high of $464.25. The firm has a market capitalization of $3.71 billion, a PE ratio of 85.80, a price-to-earnings-growth ratio of 24.59 and a beta of 1.36.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $1.03. Centrus Energy had a net margin of 10.23% and a return on equity of 7.06%. The firm had revenue of $176.10 million during the quarter. During the same period last year, the company posted $1.59 earnings per share. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Centrus Energy in the 2nd quarter worth approximately $1,950,000. Handelsbanken Fonder AB lifted its stake in Centrus Energy by 27.4% during the second quarter. Handelsbanken Fonder AB now owns 6,980 shares of the company’s stock worth $1,172,000 after purchasing an additional 1,500 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Centrus Energy by 10.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 12,820 shares of the company’s stock worth $2,152,000 after purchasing an additional 1,264 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Centrus Energy by 61.6% in the second quarter. GAMMA Investing LLC now owns 446 shares of the company’s stock worth $75,000 after purchasing an additional 170 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in Centrus Energy by 38.5% in the first quarter. Parallel Advisors LLC now owns 338 shares of the company’s stock worth $59,000 after purchasing an additional 94 shares during the period. Institutional investors own 49.96% of the company’s stock.

About Centrus Energy

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.