Roth Mkm Has Lowered Expectations for Energy Fuels (NYSE:UUUU) Stock Price

Energy Fuels (NYSE:UUUU) had its price objective dropped by stock analysts at Roth Mkm from $6.00 to $5.50 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Roth Mkm’s target price indicates a potential downside of 5.98% from the stock’s current price.

Separately, HC Wainwright raised their price objective on Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Energy Fuels has a consensus rating of “Hold” and an average target price of $8.50.

Energy Fuels Stock Performance

Shares of Energy Fuels stock opened at $5.85 on Monday. Energy Fuels has a 52-week low of $4.19 and a 52-week high of $8.68. The business’s 50 day simple moving average is $5.48 and its 200 day simple moving average is $5.67. The firm has a market cap of $1.14 billion, a PE ratio of -26.59 and a beta of 1.60.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. The business had revenue of $4.05 million during the quarter, compared to analyst estimates of $5.10 million. As a group, equities research analysts predict that Energy Fuels will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Energy Fuels

A number of institutional investors have recently added to or reduced their stakes in UUUU. Concurrent Investment Advisors LLC bought a new position in shares of Energy Fuels in the 3rd quarter valued at about $104,000. Van ECK Associates Corp lifted its stake in Energy Fuels by 84.8% in the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after purchasing an additional 1,083,480 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Energy Fuels during the third quarter worth about $91,000. Ballentine Partners LLC acquired a new position in Energy Fuels during the third quarter worth approximately $64,000. Finally, Private Advisor Group LLC raised its stake in Energy Fuels by 8.7% in the third quarter. Private Advisor Group LLC now owns 89,124 shares of the company’s stock valued at $489,000 after buying an additional 7,122 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.