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Why Energy Fuels (UUUU) Dipped More Than Broader Market Today
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Energy Fuels (UUUU - Free Report) closed the most recent trading day at $12.35, moving -4.65% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.48%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 0.56%.
The stock of uranium and vanadium miner and developer has fallen by 14.24% in the past month, lagging the Basic Materials sector's gain of 0.06% and the S&P 500's loss of 0.82%.
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 -$0.05, reflecting a 28.57% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $37.6 million, indicating a 112.31% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.25 per share and revenue of $136.4 million. These totals would mark changes of +34.21% and +106.91%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Energy Fuels. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, there's been no change in the Zacks Consensus EPS estimate. Energy Fuels is currently sporting a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 212, placing it within the bottom 14% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Why Energy Fuels (UUUU) Dipped More Than Broader Market Today
Energy Fuels (UUUU - Free Report) closed the most recent trading day at $12.35, moving -4.65% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.48%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 0.56%.
The stock of uranium and vanadium miner and developer has fallen by 14.24% in the past month, lagging the Basic Materials sector's gain of 0.06% and the S&P 500's loss of 0.82%.
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 -$0.05, reflecting a 28.57% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $37.6 million, indicating a 112.31% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.25 per share and revenue of $136.4 million. These totals would mark changes of +34.21% and +106.91%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Energy Fuels. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, there's been no change in the Zacks Consensus EPS estimate. Energy Fuels is currently sporting a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 212, placing it within the bottom 14% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.