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Energy Fuels (UUUU) Dips More Than Broader Market: What You Should Know
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In the latest trading session, Energy Fuels (UUUU - Free Report) closed at $15.34, marking a -1.92% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.
Prior to today's trading, shares of the uranium and vanadium miner and developer had lost 10.12% lagged the Basic Materials sector's gain of 3.28% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of Energy Fuels in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.05, signifying a 50.00% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $30.2 million, up 617.34% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.14 per share and revenue of $143.13 million, indicating changes of +63.16% and +117.12%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Energy Fuels. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term 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.
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. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Energy Fuels boasts a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 189, this industry ranks in the bottom 23% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Energy Fuels (UUUU) Dips More Than Broader Market: What You Should Know
In the latest trading session, Energy Fuels (UUUU - Free Report) closed at $15.34, marking a -1.92% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.
Prior to today's trading, shares of the uranium and vanadium miner and developer had lost 10.12% lagged the Basic Materials sector's gain of 3.28% and the S&P 500's gain of 2.14%.
Investors will be eagerly watching for the performance of Energy Fuels in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.05, signifying a 50.00% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $30.2 million, up 617.34% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.14 per share and revenue of $143.13 million, indicating changes of +63.16% and +117.12%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Energy Fuels. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term 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.
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. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Energy Fuels boasts a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 189, this industry ranks in the bottom 23% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.