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Energy Fuels (UUUU) Gains But Lags Market: What You Should Know

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In the latest trading session, Energy Fuels (UUUU - Free Report) closed at $6.57, marking a +0.15% move from the previous day. The stock lagged the S&P 500's daily gain of 0.31%. At the same time, the Dow added 0.05%, and the tech-heavy Nasdaq gained 0.14%.

Heading into today, shares of the uranium and vanadium miner and developer had lost 5.07% over the past month, lagging the Basic Materials sector's gain of 0.45% and the S&P 500's loss of 1.38% in that time.

Investors will be hoping for strength from Energy Fuels as it approaches its next earnings release.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.19 per share and revenue of $7.4 million. These totals would mark changes of +17.39% and +132.41%, 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.

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. The Zacks Consensus EPS estimate has moved 12.12% lower within the past month. Energy Fuels is currently sporting a Zacks Rank of #4 (Sell).

The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 75, which puts it in the top 30% 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.

To follow UUUU in the coming trading sessions, be sure to utilize Zacks.com.


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