enCore Energy FY2025 EPS Forecast Reduced by HC Wainwright

enCore Energy Corp. (NASDAQ:EU) – Analysts at HC Wainwright reduced their FY2025 EPS estimates for shares of enCore Energy in a research note issued to investors on Tuesday, March 18th. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.33) per share for the year, down from their previous forecast of $0.06. HC Wainwright has a “Buy” rating and a $2.75 price target on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.20) per share.

enCore Energy (NASDAQ:EU) last posted its earnings results on Monday, March 3rd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The company had revenue of $13.36 million for the quarter, compared to analyst estimates of $14.30 million.

enCore Energy Trading Down 0.6 %

Shares of EU opened at $1.65 on Thursday. The stock’s 50-day moving average price is $2.61 and its two-hundred day moving average price is $3.34. enCore Energy has a 12 month low of $1.26 and a 12 month high of $5.05. The company has a market capitalization of $307.33 million, a PE ratio of -5.89 and a beta of 0.38.

Institutional Trading of enCore Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Savant Capital LLC acquired a new position in shares of enCore Energy during the fourth quarter valued at about $36,000. Raymond James Financial Inc. bought a new stake in enCore Energy during the fourth quarter worth $38,000. Shakespeare Wealth Management LLC bought a new position in enCore Energy during the 4th quarter valued at $52,000. LPL Financial LLC bought a new stake in shares of enCore Energy in the 4th quarter worth $56,000. Finally, Cibc World Markets Corp bought a new position in shares of enCore Energy during the fourth quarter valued at about $58,000. 20.86% of the stock is owned by institutional investors.

Insider Transactions at enCore Energy

In other enCore Energy news, Director William M. Sheriff sold 24,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $3.55, for a total transaction of $85,200.00. Following the transaction, the director now directly owns 2,144,055 shares in the company, valued at approximately $7,611,395.25. This represents a 1.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.