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Energy Fuels (UUUU) Suffers a Larger Drop Than the General Market: Key Insights
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Energy Fuels (UUUU - Free Report) closed at $21.91 in the latest trading session, marking a -3.18% move from the prior day. This change lagged the S&P 500's 0.41% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.89%.
Heading into today, shares of the uranium and vanadium miner and developer had gained 20.69% over the past month, outpacing the Basic Materials sector's gain of 14.53% and the S&P 500's gain of 9.71%.
Analysts and investors alike will be keeping a close eye on the performance of Energy Fuels in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.03, reflecting a 76.92% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $33.25 million, indicating a 96.75% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.06 per share and revenue of $147.27 million. These totals would mark changes of +84.21% and +123.39%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Energy Fuels. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 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. Over the past month, the Zacks Consensus EPS estimate has remained steady. Energy Fuels is currently sporting a Zacks Rank of #2 (Buy).
The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 154, this industry ranks in the bottom 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Energy Fuels (UUUU) Suffers a Larger Drop Than the General Market: Key Insights
Energy Fuels (UUUU - Free Report) closed at $21.91 in the latest trading session, marking a -3.18% move from the prior day. This change lagged the S&P 500's 0.41% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.89%.
Heading into today, shares of the uranium and vanadium miner and developer had gained 20.69% over the past month, outpacing the Basic Materials sector's gain of 14.53% and the S&P 500's gain of 9.71%.
Analysts and investors alike will be keeping a close eye on the performance of Energy Fuels in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.03, reflecting a 76.92% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $33.25 million, indicating a 96.75% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.06 per share and revenue of $147.27 million. These totals would mark changes of +84.21% and +123.39%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Energy Fuels. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 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. Over the past month, the Zacks Consensus EPS estimate has remained steady. Energy Fuels is currently sporting a Zacks Rank of #2 (Buy).
The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 154, this industry ranks in the bottom 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.