Energy Fuels (UUUU) Stock Moves -0.33%: What You Should Know
In the latest trading session, Energy Fuels (UUUU) closed at $6.01, marking a -0.33% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.45%. Elsewhere, the Dow lost 0.04%, while the tech-heavy Nasdaq added 3.58%.
Coming into today, shares of the uranium and vanadium miner and developer had gained 2.2% in the past month. In that same time, the Basic Materials sector gained 1.67%, while the S&P 500 gained 5.01%.
Energy Fuels will be looking to display strength as it nears its next earnings release. In that report, analysts expect Energy Fuels to post earnings of -$0.05 per share. This would mark year-over-year growth of 54.55%. Meanwhile, our latest consensus estimate is calling for revenue of $1 million, down 84.54% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.58 per share and revenue of $40.75 million. These totals would mark changes of +252.63% and +225.61%, respectively, from last year.
Any recent changes to analyst estimates for Energy Fuels should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Energy Fuels is currently sporting a Zacks Rank of #2 (Buy).
Investors should also note Energy Fuels's current valuation metrics, including its Forward P/E ratio of 10.4. For comparison, its industry has an average Forward P/E of 16.37, which means Energy Fuels is trading at a discount to the group.
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 66, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Energy Fuels Inc (UUUU) : Free Stock Analysis Report
