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Energy Fuels (UUUU) Stock Moves -1.02%: What You Should Know

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Energy Fuels (UUUU - Free Report) closed the most recent trading day at $2.92, moving -1.02% from the previous trading session. This change was narrower than the S&P 500's 1.73% loss on the day. Elsewhere, the Dow lost 1.19%, while the tech-heavy Nasdaq lost 2.07%.

Heading into today, shares of the uranium and vanadium miner and developer had lost 8.67% over the past month, outpacing the Basic Materials sector's loss of 12.16% and lagging the S&P 500's loss of 7.09% in that time.

Wall Street will be looking for positivity from UUUU as it approaches its next earnings report date. This is expected to be November 1, 2018. On that day, UUUU is projected to report earnings of -$0.05 per share, which would represent year-over-year growth of 28.57%. Meanwhile, our latest consensus estimate is calling for revenue of $2.65 million, down 51.82% from the prior-year quarter.

UUUU's full-year Zacks Consensus Estimates are calling for earnings of -$0.16 per share and revenue of $38.25 million. These results would represent year-over-year changes of +52.94% and +23.2%, respectively.

Investors should also note any recent changes to analyst estimates for UUUU. 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.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 5.88% higher within the past month. UUUU is currently a Zacks Rank #1 (Strong Buy).

The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 36, putting it in the top 14% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.


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