Roth Capital Research Analysts Boost Earnings Estimates for Energy Fuels Inc. (NYSE:UUUU)

Energy Fuels Inc. (NYSE:UUUU) – Roth Capital upped their Q3 2024 earnings per share (EPS) estimates for shares of Energy Fuels in a research note issued on Monday, April 22nd. Roth Capital analyst J. Reagor now anticipates that the company will earn ($0.04) per share for the quarter, up from their prior estimate of ($0.05). The consensus estimate for Energy Fuels’ current full-year earnings is ($0.16) per share. Roth Capital also issued estimates for Energy Fuels’ Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at ($0.13) EPS and FY2025 earnings at $0.07 EPS.

A number of other equities research analysts have also commented on the company. B. Riley began coverage on Energy Fuels in a research report on Thursday, April 18th. They issued a “buy” rating and a $9.00 price target for the company. Roth Mkm raised their target price on Energy Fuels from $9.25 to $10.50 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus price target of $9.83.

Energy Fuels Price Performance

NYSE UUUU opened at $5.37 on Wednesday. The stock has a market cap of $866.02 million, a price-to-earnings ratio of 8.32 and a beta of 1.53. The company has a fifty day moving average of $6.83. Energy Fuels has a 12 month low of $5.02 and a 12 month high of $9.02.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings results on Friday, February 23rd. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10). The company had revenue of $0.47 million during the quarter, compared to analysts’ expectations of $6.45 million. Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UUUU. McGlone Suttner Wealth Management Inc. bought a new position in shares of Energy Fuels during the 4th quarter worth $31,000. Optiver Holding B.V. grew its stake in shares of Energy Fuels by 1,282.2% during the 4th quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock worth $32,000 after acquiring an additional 4,103 shares during the period. IFP Advisors Inc bought a new position in shares of Energy Fuels during the 3rd quarter worth $51,000. Exchange Traded Concepts LLC bought a new position in shares of Energy Fuels during the 3rd quarter worth $63,000. Finally, Avior Wealth Management LLC bought a new position in Energy Fuels in the 3rd quarter worth about $64,000. Institutional investors own 48.24% of the company’s stock.

Insider Activity

In other news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total transaction of $92,800.00. Following the completion of the transaction, the director now owns 187,380 shares in the company, valued at approximately $1,738,886.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.