rts logo

Centrus Energy Corp (LEU) Analysis & Forecast for 2024

Centrus Energy Corp (AMEX: LEU) is -27.22% lower on its value in year-to-date trading and has touched a low of $33.51 and a high of $61.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LEU stock was last observed hovering at around $39.35 in the last trading session, with the day’s gains setting it 0.25%.

Currently trading at $39.60, the stock is 2.67% and -4.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.64% at the moment leaves the stock -12.66% off its SMA200. LEU registered -17.24% loss for a year compared to 6-month loss of -4.44%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -2.77% gain in the last 1 month and extending the period to 3 months gives it a -20.21%, and is -0.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.07% over the week and 5.25% over the month.

Centrus Energy Corp (LEU) has around 292 employees, a market worth around $644.69M and $387.60M in sales. Current P/E ratio is 7.06 and Fwd P/E is 13.58. Profit margin for the company is 22.96%. Distance from 52-week low is 18.17% and -35.45% from its 52-week high. The company has generated returns on investments over the last 12 months (47.02%).

The EPS is expected to shrink by -43.75% this year.

Centrus Energy Corp (LEU) Top Institutional Holders

212.0 institutions hold shares in Centrus Energy Corp (LEU), with institutional investors hold 62.35% of the company’s shares. The shares outstanding are 14.96M, and float is at 13.68M with Short Float at 11.39%. Institutions hold 54.33% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 1.04 million shares valued at $44.58 million. The investor’s holdings represent 6.5567% of the LEU Shares outstanding. As of 2024-06-30, the second largest holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 1.02 million shares valued at $$43.5 million to account for 6.3975 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.86 million shares representing 5.3971% and valued at over $36.7 million, while STATE STREET CORP holds 4.4656 of the shares totaling 0.71 million with a market value of $30.37 million.

Centrus Energy Corp (LEU) Insider Activity

The most recent transaction is an insider sale by CUTLIP LARRY B,the company’sSVP, FIELD OPERATIONS. SEC filings show that CUTLIP LARRY B sold 3,000 shares of the company’s common stock on Aug 13 ’24 at a price of $37.64 per share for a total of $0.11 million. Following the sale, the insider now owns 13402.0 shares.

Centrus Energy Corp disclosed in a document filed with the SEC on Feb 26 ’24 that Donelson John M A (SVP, Sales & Chief Mktg Officr) sold a total of 16,073 shares of the company’s common stock. The trade occurred on Feb 26 ’24 and was made at $40.24 per share for $0.65 million. Following the transaction, the insider now directly holds 0.0 shares of the LEU stock.

Still, SEC filings show that on Oct 06 ’23, Bawabeh Morris (10% Owner) disposed off 93,158 shares at an average price of $55.57 for $5.18 million. The insider now directly holds 1,223,118 shares of Centrus Energy Corp (LEU).

Related Posts