Centrus Energy Corp. (NYSE:LEU) Stock Has Consensus Price Target of $211.93 According to Brokerages

Centrus Energy Corp. (NYSE:LEU) has been assigned an average recommendation of “Moderate Buy” from the nineteen research firms that are presently covering the stock, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $193.12.

Several analysts have recently weighed in on LEU shares. Needham & Company LLC lowered their target price on Centrus Energy from $262.00 to $206.00 and set a “buy” rating for the company in a research note on Tuesday, October 20th. Guggenheim started coverage on Centrus Energy in a research note on Thursday, October 8th. They issued a “buy” rating and a $167.00 price target on the stock. Jefferies Financial Group began coverage on Centrus Energy in a research note on Thursday, September 3rd. They issued a “hold” rating and a $169.00 price target on the stock. Truist Financial reduced their price target on Centrus Energy from $215.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, October 22nd. Finally, Capital One Financial set a $151.00 price objective on Centrus Energy in a research note on Tuesday.

Centrus Energy Trading Down 1.3%

NYSE LEU opened at $110.52 on Friday. The company’s fifty day simple moving average is $146.78 and its 200-day simple moving average is $187.52. Centrus Energy has a 52 week low of $96.80 and a 52 week high of $393.98. The company has a current ratio of 5.39, a quick ratio of 4.52 and a debt-to-equity ratio of 1.39. The stock has a market cap of $2.20 billion, a P/E ratio of 50.90, a PEG ratio of 10.73 and a beta of 1.53.

Centrus Energy (NYSE:LEU) last announced its earnings results on Wednesday, August 5th. The company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $0.74 by $1.03. Centrus Energy had a net margin of 10.23% and a return on equity of 7.06%. The business had revenue of $176.10 million during the quarter. During the same quarter last year, the company posted $1.59 earnings per share. Centrus Energy’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities research analysts predict that Centrus Energy will post 3.49 EPS for the current fiscal year.

Trending Headlines about Centrus Energy

Here are the key news stories impacting Centrus Energy this week:

• Positive Sentiment: First centrifuge shipment supports expansion plans: Centrus began shipping the first newly manufactured centrifuge from its Oak Ridge, Tennessee, plant to Ohio. The milestone advances the company’s multibillion-dollar effort to expand uranium-enrichment capacity and rebuild a U.S.-based nuclear-fuel supply chain serving commercial and national-security customers. Centrus Begins Shipping Centrifuges to Ohio
• Positive Sentiment: Bullish coverage remains: Texas Capital initiated coverage with a “strong-buy” rating, calling nuclear enrichment “essential,” while B. Riley maintained a “buy” rating and set a $188 price target—well above the stock’s recent trading level. The Texas Capital view helped drive a reported 11% rally on October 28. Texas Capital Starts Centrus Coverage
• Neutral Sentiment: Strong prior operating performance: Centrus recently reported quarterly earnings of $1.77 per share, exceeding the $0.74 consensus estimate, with revenue up 14% year over year to $176.1 million. However, analysts expect full-year earnings of $4.21 per share, and the next quarterly report is expected to show a year-over-year decline. Centrus Q3 Earnings Preview
• Negative Sentiment: Zacks downgraded LEU to “hold” from “strong-buy,” adding near-term selling pressure and signaling less confidence in the stock’s valuation or earnings outlook.
• Negative Sentiment: Target cuts and earnings risks weigh on sentiment: B. Riley reduced its price target from $295 to $188, despite retaining a buy rating, while Zacks warned that LEU lacks the factors typically associated with an earnings beat. JPMorgan also issued a pessimistic forecast. These concerns are particularly significant given the stock’s elevated valuation and sharp decline from its 52-week high. JPMorgan Forecast for Centrus Energy

Hedge Funds Weigh In On Centrus Energy

Several institutional investors and hedge funds have recently made changes to their positions in the business. Salomon & Ludwin LLC bought a new stake in shares of Centrus Energy in the 3rd quarter valued at approximately $28,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Centrus Energy during the 3rd quarter valued at approximately $6,744,000. Pilgrim Partners Asia Pte Ltd raised its position in shares of Centrus Energy by 45.5% during the 3rd quarter. Pilgrim Partners Asia Pte Ltd now owns 800 shares of the company’s stock valued at $112,000 after acquiring an additional 250 shares in the last quarter. ProShare Advisors LLC lifted its stake in Centrus Energy by 5.0% during the third quarter. ProShare Advisors LLC now owns 2,565 shares of the company’s stock worth $358,000 after purchasing an additional 123 shares during the last quarter. Finally, Investment Partners LTD. lifted its stake in Centrus Energy by 16.1% during the third quarter. Investment Partners LTD. now owns 3,020 shares of the company’s stock worth $421,000 after purchasing an additional 418 shares during the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Company Profile

Centrus Energy Corp. (NYSE:LEU) is a U.S.-based supplier of nuclear fuel and related services. The company provides enriched uranium products, including low-enriched uranium used to fuel commercial nuclear reactors, as well as uranium and fuel-management services for utilities and other customers in the nuclear energy industry.

Centrus is also developing high-assay low-enriched uranium (HALEU), an advanced fuel intended for certain next-generation and small modular reactors. Its American Centrifuge technology is being developed to support domestic uranium enrichment and reduce reliance on foreign fuel-supply chains.