Latest news with #CentrusEnergyCorp
Yahoo
29-05-2025
- Business
- Yahoo
Centrus Energy to Participate in Upcoming Investor Events
BETHESDA, Md., May 29, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Tuesday, June 3, management is scheduled to host one-on-one investor meetings at the Stifel 2025 Boston Cross Sector 1x1 Conference in Boston, MA. On Wednesday, June 4, management is scheduled to host one-on-one investor meetings at the William Blair Growth Stock Conference in Chicago, IL. As part of the conference, management will participate in a company presentation at 9:20 a.m. CT followed by a moderated question-and-answer session at 10 a.m. CT On Friday, June 6, management is scheduled to participate in a virtual fireside chat moderated by Evercore at 12 p.m. ET On Monday and Thursday, June 23 and 26, management is scheduled to participate in a non-deal roadshow hosted by Morgan Stanley in both New York, NY, and Toronto, Canada. On Tuesday and Wednesday, June 24 and 25, management is scheduled to host one-on-one investor meetings JPMorgan 2025 Energy, Power, Renewables & Mining Conference in New York, NY. As part of the conference, management will participate in a fireside chat at 1:10 p.m. ET on June 24. To request an invitation or to schedule a one-on-one meeting with management at one of the conferences above, please contact your Stifel, William Blair, Evercore, JPMorgan, or Morgan Stanley representatives. About Centrus Energy Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs. Find out more at Contacts: Investors: Neal Nagarajan at NagarajanNK@ Dan Leistikow at LeistikowD@ View original content to download multimedia: SOURCE Centrus Energy Corp. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
William Blair Starts Centrus Energy With Outperform, Cites Nuclear Fuel Leadership
William Blair analyst Jed Dorsheimer initiated coverage of Centrus Energy Corp. (NYSE:LEU) on May 28 with an Outperform rating and no price target. The analyst emphasized Centrus Energy's distinct market position as the sole American-owned uranium enricher, which provides the company with advantages in terms of technology and national security. Photo by Frédéric Paulussen on Unsplash Centrus's shift from a foreign nuclear fuel broker to a manufacturer and supplier should enable the company to capture a sizable portion of the market. According to Dorsheimer, Centrus Energy Corp. (NYSE:LEU) is expected to play a significant role in supplying the United States' commercial nuclear fleet with low-enriched uranium and high-assay low-enriched uranium. The analyst also highlighted the company's contribution to reducing U.S. dependence on Russian enrichment capabilities, projecting a $15 billion total addressable market (TAM) that will be fueled by a 13-fold growth in demand for separative work units (SWU) by 2050. Centrus Energy Corp. (NYSE:LEU) is a Maryland-based supplier of nuclear fuel components and services that operates under two business categories: Low-Enriched Uranium and Technical Solutions. While we acknowledge the potential of LEU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LEU and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Centrus Energy Corp. (LEU) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Centrus Energy Corp. (LEU), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Centrus Energy Corp. Currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for LEU that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For LEU, shares are up 2.3% over the past week while the Zacks Mining - Non Ferrous industry is up 0.39% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 35.52% compares favorably with the industry's 0.19% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Centrus Energy Corp. Have risen 4.08%, and are up 102.85% in the last year. On the other hand, the S&P 500 has only moved -2.55% and 11.45%, respectively. Investors should also take note of LEU's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, LEU is averaging 688,122 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with LEU. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost LEU's consensus estimate, increasing from $1.97 to $3.35 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that LEU is a #1 (Strong Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Centrus Energy Corp. On your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Centrus Energy Corp. (LEU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
15-05-2025
- Business
- Yahoo
Here is Why Centrus Energy Corp. (LEU) Jumped So High This Week
Centrus Energy Corp. (NYSEAMERICAN:LEU) was among the energy stocks that gained the most this week. In this article, we are going to discuss why the stock surged 21.9% between May 7th and May 14th. A vast construction site with heavy machinery, materials, and workers, showcasing the company's global presence. Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry. The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) continues to surge after the company posted stellar results for the second consecutive quarter in its Q1 2025 last week. Centrus Energy's EPS of $1.6 topped estimates by a significant $1.65, while its revenue also surged by 67.3% YoY to $73.1 million, and beat expectations by almost $5 million. The company has also expressed confidence in its compelling investment case for the $3.4 billion in funding that Congress has provided to jumpstart domestic nuclear fuel production. Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost after Evercore ISI initiated coverage of the stock this week, with an Outperform rating and a price target of $145. The firm highlighted LEU's unique position in the nuclear fuel industry, as it spearheads the domestic production of High Assay Low-Enriched Uranium (HALEU), a critical component for powering next-generation nuclear reactors. While we acknowledge the potential of LEU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LEU and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks According to Hedge Funds. Disclosure: None.
Yahoo
23-04-2025
- Business
- Yahoo
Centrus Energy Corp. (LEU): Among the Best Uranium Stocks to Invest in According to Analysts
We recently published a list of . In this article, we are going to take a look at where Centrus Energy Corp. (NYSEAMERICAN:LEU) stands against other uranium stocks to invest in. Nuclear power is making a notable comeback. More than 20 countries pledged to triple nuclear energy by 2050 at the COP28 summit. Nuclear power is considered crucial for lowering emissions, and it is gaining support from both environmental advocates and US national security interests, though for different motivations. Big tech companies are also getting involved as they hunt for more energy to power massive data centers. Uranium is not presently categorized as a 'critical mineral' by the US Geological Survey (USGS) because it is classified as a fuel mineral. However, President Trump is pushing for its inclusion in the list, which would gather federal support and speed up project approvals. This seems like a sensible play on Trump's part, as demand for uranium is climbing, and the US relies almost entirely on imports, with most of the world's supply originating from a handful of countries. Uranium prices were at a 16-year high in 2023 and, while they have dipped marginally, they remain higher than at any time since Fukushima in 2011. In December 2024, John Ciampaglia, CEO of Sprott Asset Management, told CNBC that the uranium industry had been on life support for nearly a decade after Fukushima, and there needed to be better supply discipline in the market. Uranium producers need to ensure that future supply matches demand. He noted that three factors supported the industry – first, the growing electrification in China, India, and other developing countries, secondly, energy security and decarbonization are putting the focus back on nuclear fuel as an energy source, and third, tech companies are now investing in the development of small modular reactors. He also commented on uranium spot and market prices, which are gradually moving upward. He believes uranium prices need to go higher to incentivize chemical producers and miners to increase production and build new mines, which is critical to developing uranium as a reliable electricity fuel in the coming decades. Current supply shortages, higher long-term prices, and forecasts for record nuclear energy production in 2025 all point to a positive future. With that industry outlook in mind, let's take a look at the best uranium stocks to buy according to analysts. A vast construction site with heavy machinery, materials, and workers, showcasing the company's global presence. For this article, we searched credible websites and compiled an extensive list of US-listed uranium stocks. Next, we manually searched for the average upside potential of each stock and selected 12 stocks with the highest values. The list below is ranked in ascending order of the upside potential as of April 19. We have also mentioned the hedge fund sentiment as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders: 22 Average Upside Potential: 118.55% Centrus Energy Corp. (NYSEAMERICAN:LEU) is a Maryland-based provider of nuclear fuel components and services, operating through two business segments – Low-Enriched Uranium (LEU) and Technical Solutions. On March 4, Citi started coverage of LEU with a Neutral rating and a price target of $104. The investment firm noted that Centrus is close to becoming the only large-scale US producer of LEU and HALEU, with plans to expand its enrichment capacity. Its Ohio facility is ready for the next phase, but it needs part of a $3.4 billion government fund to proceed. However, funding and valuation uncertainties led to a Neutral rating. Centrus Energy Corp. (NYSEAMERICAN:LEU) reported $73.2 million in net income and grew its revenue to $442 million for the year ended December 31, 2024, up from $320 million last year. During the year, the company secured around $2 billion in contracts, continuing HALEU production, restarting centrifuge manufacturing, and landing new government deals. On November 7, 2024, the company raised about $388.7 million from a $402.5 million offering of convertible senior notes due in 2030. The company plans to use the proceeds to invest in new tech, expand operations, pay down debt, and explore future growth opportunities. It is one of the best uranium stocks to buy now. Among the hedge funds tracked by Insider Monkey in Q4 2024, 22 funds reported owning stakes in Centrus Energy Corp. (NYSEAMERICAN:LEU), compared to 11 funds in the previous quarter. Overall, LEU ranks 4th among the best uranium stocks to invest in according to analysts. While we acknowledge the potential of LEU as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LEU but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
