For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Energy Fuels (UUUU - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.
Energy Fuels is one of 247 companies in the Basic Materials group. The Basic Materials group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. UUUU is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for UUUU's full-year earnings has moved 34.25% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, UUUU has moved about 64.80% on a year-to-date basis. Meanwhile, the Basic Materials sector has returned an average of -14.63% on a year-to-date basis. This shows that Energy Fuels is outperforming its peers so far this year.
To break things down more, UUUU belongs to the Mining - Non Ferrous industry, a group that includes 11 individual companies and currently sits at #36 in the Zacks Industry Rank. This group has lost an average of 30.37% so far this year, so UUUU is performing better in this area.
Investors with an interest in Basic Materials stocks should continue to track UUUU. The stock will be looking to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Energy Fuels (UUUU - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.
Energy Fuels is one of 247 companies in the Basic Materials group. The Basic Materials group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. UUUU is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for UUUU's full-year earnings has moved 34.25% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, UUUU has moved about 64.80% on a year-to-date basis. Meanwhile, the Basic Materials sector has returned an average of -14.63% on a year-to-date basis. This shows that Energy Fuels is outperforming its peers so far this year.
To break things down more, UUUU belongs to the Mining - Non Ferrous industry, a group that includes 11 individual companies and currently sits at #36 in the Zacks Industry Rank. This group has lost an average of 30.37% so far this year, so UUUU is performing better in this area.
Investors with an interest in Basic Materials stocks should continue to track UUUU. The stock will be looking to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on UUUU - FREE