Is Centrus Energy Corp (LEU) Stock a Good Buy for Short-term Investors?

Centrus Energy Corp [LEU] stock prices are up 7.54% to $64.30 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEU shares have gain 16.82% over the last week, with a monthly amount glided 79.26%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Centrus Energy Corp [AMEX: LEU] stock has seen the most recent analyst activity on October 13, 2023, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $72. Previously, ROTH Capital upgraded its rating to Buy on August 08, 2022, and elevated its price target to $48. On March 14, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $70 on the stock. ROTH Capital downgraded its rating to a Neutral but stick to its price target of $50 on March 11, 2022. ROTH Capital upgraded its rating to a Buy and raised its price target to $58 on December 21, 2021. ROTH Capital downgraded its rating to Neutral for this stock on November 15, 2021, and upped its price target to $57. In a note dated September 15, 2020, Lake Street initiated an Buy rating and provided a target price of $16 on this stock.

The stock price of Centrus Energy Corp [LEU] has been fluctuating between $33.51 and $59.99 over the past year. Currently, Wall Street analysts expect the stock to reach $59 within the next 12 months. Centrus Energy Corp [AMEX: LEU] shares were valued at $64.30 at the most recent close of the market. An investor can expect a potential drop of -8.24% based on the average LEU price forecast.

Analyzing the LEU fundamentals

The Centrus Energy Corp [AMEX:LEU] reported sales of 387.60M for trailing twelve months, representing a surge of 92.07%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 3.0 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.39 points at the first support level, and at 56.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.82, and for the 2nd resistance point, it is at 69.35.

Ratios To Look Out For

It’s worth pointing out that Centrus Energy Corp [AMEX:LEU]’s Current Ratio is 1.28. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 0.66. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 13.67 and price to earnings (TTM) ratio is 11.47.

Transactions by insiders

Recent insider trading involved CUTLIP LARRY B, SVP, FIELD OPERATIONS, that happened on Aug 13 ’24 when 3000.0 shares were sold. SVP, Sales & Chief Mktg Officr, Donelson John M A completed a deal on Feb 26 ’24 to sell 16073.0 shares. Meanwhile, 10% Owner Bawabeh Morris sold 93158.0 shares on Oct 06 ’23.

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