Centrus Energy (NYSE:LEU) Cut to “Neutral” at Roth Mkm

Roth Mkm lowered shares of Centrus Energy (NYSE:LEU) from a buy rating to a neutral rating in a report issued on Thursday, Marketbeat reports. They currently have $62.00 price target on the stock, up from their prior price target of $55.00.

Separately, StockNews.com upgraded Centrus Energy to a sell rating in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of Hold and a consensus price target of $67.00.

Centrus Energy Stock Performance

LEU opened at $59.46 on Thursday. The firm has a fifty day moving average price of $44.91 and a 200 day moving average price of $44.22. Centrus Energy has a 1 year low of $33.51 and a 1 year high of $69.50. The stock has a market cap of $968.01 million, a P/E ratio of 10.60 and a beta of 1.32. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The business had revenue of $189.00 million during the quarter, compared to the consensus estimate of $82.70 million. Equities research analysts anticipate that Centrus Energy will post 3.06 earnings per share for the current year.

Institutional Trading of Centrus Energy

Several institutional investors have recently modified their holdings of the stock. Goehring & Rozencwajg Associates LLC lifted its stake in Centrus Energy by 3.5% in the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 160,193 shares of the company’s stock valued at $8,716,000 after buying an additional 5,355 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new position in shares of Centrus Energy during the first quarter valued at approximately $216,000. Private Advisor Group LLC lifted its position in shares of Centrus Energy by 43.6% in the first quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock valued at $345,000 after acquiring an additional 2,523 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Centrus Energy by 207.3% in the first quarter. BNP Paribas Financial Markets now owns 10,090 shares of the company’s stock worth $419,000 after acquiring an additional 6,807 shares during the last quarter. Finally, Heartland Advisors Inc. purchased a new stake in shares of Centrus Energy during the first quarter worth approximately $2,076,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

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.