Analysts Set Expectations for Uranium Energy FY2025 Earnings

Uranium Energy Corp. (NYSEAMERICAN:UEC) – Stock analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Uranium Energy in a research report issued to clients and investors on Wednesday, March 12th. National Bank Financial analyst M. Sidibe now anticipates that the basic materials company will earn ($0.06) per share for the year, down from their previous estimate of ($0.01). National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Uranium Energy’s current full-year earnings is $0.01 per share.

UEC has been the subject of several other reports. National Bankshares set a $10.00 price objective on shares of Uranium Energy and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Stifel Nicolaus initiated coverage on shares of Uranium Energy in a report on Wednesday, March 12th. They set a “buy” rating for the company. Stifel Canada raised shares of Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, HC Wainwright reiterated a “buy” rating and set a $12.25 target price on shares of Uranium Energy in a research note on Thursday, March 13th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $10.63.

Uranium Energy Trading Up 8.7 %

NYSEAMERICAN UEC opened at $5.52 on Monday. The company has a fifty day simple moving average of $6.61 and a 200 day simple moving average of $6.88. The company has a market cap of $2.34 billion, a P/E ratio of -46.00 and a beta of 1.88. Uranium Energy has a 1 year low of $4.06 and a 1 year high of $8.93.

Hedge Funds Weigh In On Uranium Energy

A number of hedge funds have recently made changes to their positions in UEC. Norges Bank acquired a new position in shares of Uranium Energy in the 4th quarter valued at $100,773,000. JPMorgan Chase & Co. raised its stake in shares of Uranium Energy by 45.9% in the 4th quarter. JPMorgan Chase & Co. now owns 15,842,713 shares of the basic materials company’s stock valued at $105,988,000 after buying an additional 4,982,949 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Uranium Energy by 239.4% in the 4th quarter. Ameriprise Financial Inc. now owns 6,731,148 shares of the basic materials company’s stock valued at $45,036,000 after buying an additional 4,748,138 shares in the last quarter. Driehaus Capital Management LLC raised its stake in shares of Uranium Energy by 52.2% in the 4th quarter. Driehaus Capital Management LLC now owns 9,499,842 shares of the basic materials company’s stock valued at $63,554,000 after buying an additional 3,259,704 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Uranium Energy in the 3rd quarter valued at $12,643,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Uranium Energy Company Profile

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.