Centrus Energy (NYSE:LEU) Sets New 1-Year High at $58.79

Shares of Centrus Energy Corp. (NYSE:LEU) reached a new 52-week high during trading on Monday . The company traded as high as $58.79 and last traded at $57.61, with a volume of 59420 shares. The stock had previously closed at $57.72.

Analyst Ratings Changes

A number of research firms have recently commented on LEU. StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Wednesday, August 7th. Roth Mkm dropped their target price on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a report on Thursday, August 8th.

Centrus Energy Price Performance

The firm has a market cap of $971.51 million, a price-to-earnings ratio of 13.12 and a beta of 1.31. The business’s 50-day simple moving average is $41.14 and its two-hundred day simple moving average is $42.79. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 1.47.

Centrus Energy (NYSE:LEU) last released its earnings results on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $1.12. The business had revenue of $189.00 million during the quarter, compared to the consensus estimate of $82.70 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. As a group, research analysts expect that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Centrus Energy

A number of large investors have recently modified their holdings of LEU. Decade Renewable Partners LP bought a new position in Centrus Energy during the 2nd quarter valued at $1,479,000. Heartland Advisors Inc. bought a new position in Centrus Energy during the 1st quarter valued at $2,076,000. Price T Rowe Associates Inc. MD lifted its stake in Centrus Energy by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock valued at $14,048,000 after acquiring an additional 46,254 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Centrus Energy by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 99,571 shares of the company’s stock valued at $5,418,000 after acquiring an additional 1,133 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Centrus Energy by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after acquiring an additional 17,033 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors.

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.