Centrus Energy (NYSE:LEU) Upgraded to “Hold” by StockNews.com

Centrus Energy (NYSE:LEU) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

Several other equities research analysts have also commented on LEU. B. Riley reissued a “buy” rating and set a $72.00 price target on shares of Centrus Energy in a research note on Tuesday, February 13th. TheStreet raised Centrus Energy from a “d-” rating to a “c” rating in a research note on Friday, February 9th.

Centrus Energy Stock Performance

LEU traded up $0.65 during trading on Friday, reaching $41.28. The company’s stock had a trading volume of 95,515 shares, compared to its average volume of 188,996. Centrus Energy has a 52-week low of $24.88 and a 52-week high of $61.35. The company’s fifty day moving average price is $41.96 and its 200-day moving average price is $48.50. The company has a market capitalization of $647.27 million, a price-to-earnings ratio of 7.64 and a beta of 1.39. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.80 and a current ratio of 1.45.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Thursday, February 8th. The company reported $3.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $2.80. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. The company had revenue of $103.60 million for the quarter, compared to analyst estimates of $61.05 million. On average, equities analysts forecast that Centrus Energy will post 2.71 earnings per share for the current fiscal year.

Insider Activity at Centrus Energy

In related news, SVP John M. A. Donelson sold 16,073 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $40.24, for a total value of $646,777.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. lifted its stake in shares of Centrus Energy by 36.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,014 shares of the company’s stock worth $33,000 after purchasing an additional 273 shares during the period. Riverwater Partners LLC lifted its stake in shares of Centrus Energy by 2.3% during the 4th quarter. Riverwater Partners LLC now owns 13,152 shares of the company’s stock worth $716,000 after purchasing an additional 297 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Centrus Energy by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,735 shares of the company’s stock worth $933,000 after purchasing an additional 402 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Centrus Energy by 7.4% during the 4th quarter. JPMorgan Chase & Co. now owns 6,409 shares of the company’s stock worth $208,000 after purchasing an additional 440 shares during the period. Finally, Spire Wealth Management purchased a new position in shares of Centrus Energy during the 3rd quarter worth $29,000. Hedge funds and other institutional investors 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.