Energy Fuels Inc (NYSEAMERICAN:UUUU) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) have been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $20.65.

UUUU has been the topic of a number of analyst reports. UBS Group raised Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. B. Riley Financial decreased their target price on Energy Fuels from $25.00 to $19.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Roth Capital upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Friday, August 7th. Zacks Research upgraded Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. Finally, BMO Capital Markets began coverage on Energy Fuels in a report on Friday, August 14th. They issued an “outperform” rating and a $18.00 price target for the company.

Energy Fuels Stock Performance

Shares of Energy Fuels stock opened at $7.71 on Wednesday. The firm has a 50 day simple moving average of $11.38 and a 200 day simple moving average of $16.35. The firm has a market cap of $2.04 billion, a P/E ratio of -24.09 and a beta of 1.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 27.90 and a quick ratio of 25.87. Energy Fuels has a fifty-two week low of $7.31 and a fifty-two week high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. The firm had revenue of $25.11 million for the quarter. Sell-side analysts predict that Energy Fuels will post -0.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Energy Fuels

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors bought a new stake in Energy Fuels in the 1st quarter worth approximately $57,000. Knuff & Co LLC purchased a new stake in Energy Fuels in the 2nd quarter worth about $54,000. Sound Income Strategies LLC lifted its position in shares of Energy Fuels by 17.1% during the first quarter. Sound Income Strategies LLC now owns 4,100 shares of the company’s stock worth $74,000 after purchasing an additional 600 shares during the last quarter. CoreCap Advisors LLC raised its position in Energy Fuels by 591.7% during the 2nd quarter. CoreCap Advisors LLC now owns 4,150 shares of the company’s stock valued at $60,000 after purchasing an additional 3,550 shares in the last quarter. Finally, Hilltop National Bank raised its stake in Energy Fuels by 39.1% in the second quarter. Hilltop National Bank now owns 4,284 shares of the company’s stock worth $62,000 after buying an additional 1,204 shares in the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.