For its second fiscal quarter (ending June 30), Centrus Energy Corp (NYSEAMERICAN: LEU) has reported a 125% increase in E.P.S. from $0.84 a year ago to $1.89 in the current quarter. This result exceeded the consensus estimate of $0.78 by $1.11. For the latest four quarters through June 30, E.P.S. were $5.70 versus $2.26 for the same period a year ago — an increase of 152%.
Recent Price Action
Centrus Energy Corp (NYSEAMERICAN: LEU) stock closed at $36.00 on 8/6/24 after a modest decline of -1.3%. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has declined -13.5% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LEU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Centrus Energy has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Centrus Energy has a neutral Appreciation Score of 46 but a very low Power Rating of 12, producing the Negative Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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