HC Wainwright Begins Coverage on Centrus Energy (NYSE:LEU)

HC Wainwright began coverage on shares of Centrus Energy (NYSE:LEU) in a research report report published on Tuesday, Marketbeat.com reports. The firm issued a buy rating and a $300.00 price target on the stock. HC Wainwright also issued estimates for Centrus Energy’s Q1 2025 earnings at ($0.34) EPS, Q2 2025 earnings at $0.64 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $1.33 EPS, FY2025 earnings at $1.68 EPS, FY2026 earnings at $3.02 EPS, FY2027 earnings at $4.53 EPS, FY2028 earnings at $6.16 EPS and FY2029 earnings at $8.04 EPS.

Several other equities analysts have also issued reports on the stock. Roth Mkm cut their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. B. Riley raised their price objective on Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $161.33.

Centrus Energy Stock Down 4.3 %

NYSE:LEU opened at $89.52 on Tuesday. The company’s 50-day simple moving average is $84.94 and its 200-day simple moving average is $71.71. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $122.94. The stock has a market capitalization of $1.50 billion, a P/E ratio of 20.30 and a beta of 1.17.

Insiders Place Their Bets

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the sale, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Private Advisor Group LLC acquired a new position in Centrus Energy in the 3rd quarter worth approximately $348,000. Evermay Wealth Management LLC boosted its holdings in shares of Centrus Energy by 3.5% in the 3rd quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock valued at $284,000 after acquiring an additional 175 shares during the last quarter. Heritage Investors Management Corp acquired a new stake in shares of Centrus Energy in the third quarter worth $203,000. CWA Asset Management Group LLC purchased a new position in shares of Centrus Energy during the third quarter worth $244,000. Finally, Diamond Hill Capital Management Inc. lifted its position in Centrus Energy by 22.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company’s stock valued at $6,822,000 after purchasing an additional 22,605 shares during the period. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Company Profile

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.