Centrus Energy (NYSE:LEU) Releases Earnings Results

Centrus Energy (NYSE:LEU) announced its quarterly earnings data on Monday. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.48), Zacks reports. The firm had revenue of $57.70 million during the quarter, compared to analysts’ expectations of $56.50 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%.

Centrus Energy Stock Performance

NYSE:LEU traded down $3.25 during trading hours on Thursday, reaching $100.04. 194,851 shares of the company’s stock were exchanged, compared to its average volume of 345,343. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 21.48 and a beta of 1.32. The company has a 50-day moving average of $57.44 and a 200 day moving average of $48.12. The company has a quick ratio of 1.02, a current ratio of 1.52 and a debt-to-equity ratio of 1.47. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $108.73.

Analysts Set New Price Targets

A number of research firms recently commented on LEU. B. Riley increased their target price on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday. Roth Capital downgraded shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Finally, Roth Mkm dropped their target price on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Centrus Energy currently has an average rating of “Hold” and an average price target of $92.00.

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.