We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Energy Fuels (UUUU) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
In the latest trading session, Energy Fuels (UUUU - Free Report) closed at $6.80, marking a -1.31% move from the previous day. This change lagged the S&P 500's daily loss of 1.03%. Meanwhile, the Dow lost 1.15%, and the Nasdaq, a tech-heavy index, added 0.39%.
Heading into today, shares of the uranium and vanadium miner and developer had lost 5.62% over the past month, lagging the Basic Materials sector's gain of 1.01% and the S&P 500's loss of 3.51% in that time.
Energy Fuels will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.03, up 40% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1 million, up 38.89% from the year-ago period.
UUUU's full-year Zacks Consensus Estimates are calling for earnings of -$0.21 per share and revenue of $25.58 million. These results would represent year-over-year changes of +8.7% and +703.23%, respectively.
Investors might also notice recent changes to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Energy Fuels currently has a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Energy Fuels (UUUU) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Energy Fuels (UUUU - Free Report) closed at $6.80, marking a -1.31% move from the previous day. This change lagged the S&P 500's daily loss of 1.03%. Meanwhile, the Dow lost 1.15%, and the Nasdaq, a tech-heavy index, added 0.39%.
Heading into today, shares of the uranium and vanadium miner and developer had lost 5.62% over the past month, lagging the Basic Materials sector's gain of 1.01% and the S&P 500's loss of 3.51% in that time.
Energy Fuels will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.03, up 40% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1 million, up 38.89% from the year-ago period.
UUUU's full-year Zacks Consensus Estimates are calling for earnings of -$0.21 per share and revenue of $25.58 million. These results would represent year-over-year changes of +8.7% and +703.23%, respectively.
Investors might also notice recent changes to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Energy Fuels currently has a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.