We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Energy Fuels (UUUU) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
Energy Fuels (UUUU - Free Report) closed at $8.38 in the latest trading session, marking a +1.83% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.27%.
Shares of the uranium and vanadium miner and developer witnessed a loss of 25.11% over the previous month, trailing the performance of the Basic Materials sector with its loss of 5.38%, and the S&P 500's loss of 0.2%.
The upcoming earnings release of Energy Fuels will be of great interest to investors. The company is forecasted to report an EPS of -$0.05, showcasing a 28.57% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $37.6 million, showing a 112.31% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $136.4 million, indicating changes of +34.21% and +106.91%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. 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 utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Energy Fuels holds a Zacks Rank of #3 (Hold).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 98, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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
Image: Bigstock
Energy Fuels (UUUU) Surpasses Market Returns: Some Facts Worth Knowing
Energy Fuels (UUUU - Free Report) closed at $8.38 in the latest trading session, marking a +1.83% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.27%.
Shares of the uranium and vanadium miner and developer witnessed a loss of 25.11% over the previous month, trailing the performance of the Basic Materials sector with its loss of 5.38%, and the S&P 500's loss of 0.2%.
The upcoming earnings release of Energy Fuels will be of great interest to investors. The company is forecasted to report an EPS of -$0.05, showcasing a 28.57% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $37.6 million, showing a 112.31% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $136.4 million, indicating changes of +34.21% and +106.91%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. 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 utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Energy Fuels holds a Zacks Rank of #3 (Hold).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 98, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.