The trading price of Centrus Energy Corp (AMEX:LEU) closed higher on Tuesday, June 17, and closing at $173.03, 1.82% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 27.13. In examining the 52-week price action we see that the stock hit a 52-week high of $176.62 and a 52-week low of $33.51. Over the past month, the stock has gained 80.71% in value.
Centrus Energy Corp, whose market valuation is $2.95 billion at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.58 per share this quarter, however they have predicted annual earnings per share of 3.13 for current year and 3.45 for next year.
Analysts have forecast the company to bring in revenue of 126.18M for the current quarter, with the likely lows of 97.87M and highs of 170M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 431.79M.
On the technical side, indicators suggest LEU has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned LEU a recommendation rating is 3. Out of them, 0 rate it a Hold, while 3 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Centrus Energy Corp (LEU) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that LEU’s price is currently 28.59% off the SMA20 and 75.99% off the SMA50. The RSI metric on the 14-day chart is currently showing 86.69, and weekly volatility stands at 1.83%. When measured over the past 30 days, the indicator reaches 5.56%. Centrus Energy Corp (AMEX:LEU)’s beta value is currently sitting at 1.39, while the Average True Range indicator is currently displaying 10.08. With analysts defining $129-$145 as the low and high price targets, we arrive at a consensus price target of $137 for the trailing 12-month period. The current price is about 25.45% off the estimated low and 16.2% off the forecast high, based on this estimate. Investors will be thrilled if LEU’s share price rises to $137, which is the median consensus price. At that level, LEU’s share price would be 20.82% above current price.
To see how Centrus Energy Corp stock has been performing in comparison to its peers in the industry, here are the numbers: LEU stock’s performance was 1.82% in the latest trading, and 300.63% in the past year. Centrus Energy Corp has a P/E ratio of 27.13.
An evaluation of the daily trading volume of Centrus Energy Corp (AMEX:LEU) indicates that the 3-month average is 919.55K.
Currently, records show that 16.32 million of the company’s shares remain outstanding. The insiders hold 8.30% of outstanding shares, whereas institutions hold 74.77%. However, since the stock’s price has seen 159.77% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
