Centrus Energy Corp. (NYSE:LEU) Receives $161.33 Consensus PT from Analysts

Centrus Energy Corp. (NYSE:LEU) has earned an average recommendation of “Hold” from the five brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $147.00.

A number of brokerages have issued reports on LEU. HC Wainwright initiated coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price for the company. Citigroup started coverage on Centrus Energy in a research note on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price objective for the company. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th.

Insider Activity at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Cape Investment Advisory Inc. purchased a new position in Centrus Energy in the fourth quarter valued at approximately $27,000. PNC Financial Services Group Inc. increased its stake in shares of Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock worth $29,000 after buying an additional 192 shares during the last quarter. State of Wyoming acquired a new position in Centrus Energy in the fourth quarter worth $33,000. Altshuler Shaham Ltd acquired a new position in shares of Centrus Energy during the fourth quarter valued at $49,000. Finally, National Bank of Canada FI bought a new position in Centrus Energy in the 4th quarter valued at about $51,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Down 7.3 %

NYSE:LEU opened at $74.01 on Tuesday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 16.78 and a beta of 1.35. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $122.95. The company’s fifty day moving average price is $87.32 and its 200-day moving average price is $74.52. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46.

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.