Energy Fuels Inc (AMEX: UUUU): Analyst View Points To Future Growth

Energy Fuels Inc (UUUU) concluded trading on 12/21/23 at a closing price of $7.57, with 3.84 million shares of worth about $29.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.54% during that period and on Thursday the price saw a gain of about 8.76%. Currently the company’s common shares owned by public are about 157.68M shares, out of which, 157.65M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 9 analysts are covering the UUUU stock and their offered price forecasts bring an average price target of $9.64. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $12.06 and could fall to a lowest price of $6.94. The stock’s current price level is 21.47% above of average price target set by the analysts, while a rise to estimated low would result in loss of -9.08% for the stock. However, touching the estimated high of $12.06 would mean a gain of 37.23% for the stock.

Global X Uranium ETF, Sprott Uranium Miners ETF, and Vanguard Total Stock Market ETF are the top 3 mutual funds which are holding stakes in Energy Fuels Inc Global X Uranium ETF is currently holding 9.0 million shares of worth totaling $71.52 million. The company recently came buying 0.0 shares which brought its stake up to 5.58% of the company’s outstanding shares. Vanguard Total Stock Market ETF, after buying 4.69 million shares, have now control over 2.91% of the stake in the company. It holds 12872.0 shares of worth $37.25 million.

Energy Fuels Inc (AMEX: UUUU) started trading at $7.22, above $0.26 from concluding price of the previous day. However, the stock later moved at a day high price of 7.72, or with a gain of 8.76%. Stock saw a price change of -2.57% in past 5 days and over the past one month there was a price change of -10.31%. Year-to-date (YTD), UUUU shares are showing a performance of 21.90% which increased to 28.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.85 but also hit the highest price of $9.02 during that period. The average intraday trading volume for Energy Fuels Inc shares is 2.52 million. The stock is currently trading -1.02% below its 20-day simple moving average (SMA20), while that difference is down -2.67% for SMA50 and it goes to 13.27% higher than SMA200.

Energy Fuels Inc (AMEX: UUUU) currently have 157.68M outstanding shares and institutions hold larger chunk of about 48.27% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.

The stock has a current market capitalization of $1.22B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 11.84, while it has posted earnings per share of $0.64 in the same period. It has Quick Ratio of 22.49 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UUUU, volatility over the week remained 6.66% while standing at 4.96% over the month.

Analysts are in expectations that Energy Fuels Inc (UUUU) stock would likely to be making an EPS of -$0.06 in the current quarter, while forecast for next quarter EPS is -$0.05 and it is -$0.08 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.06 which is -$0.06 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 240.79% while it is estimated to decrease by -131.31% in next year.

Analysts at 9 brokerage firms have issued recommendations for the Energy Fuels Inc (UUUU)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 9 Wall Street analysts, 9 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

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