Core Points - Centrus Energy's subsidiary, American Centrifuge Operating, LLC, has received an award from the U.S. Department of Energy to support the deconversion of High-Assay, Low-Enriched Uranium (HALEU) [1][2] - The award is part of a broader initiative to build an advanced nuclear fuel supply chain for next-generation reactors, with a minimum contract value of $2 million and a maximum potential value of $800 million for all awardees [2] - Centrus Energy has supplied over 1,750 reactor years of fuel since 1998, equivalent to 7 billion tons of coal, and aims to restore domestic uranium enrichment capabilities [3] Company Overview - Centrus Energy is a trusted supplier of nuclear fuel and services, focusing on reliability and diversity in supply sources to meet the demand for clean, affordable, carbon-free electricity [3] - The company is advancing next-generation centrifuge technologies to enhance its domestic uranium enrichment capabilities [3]

Shares of Centrus Energy Corp (LEU, Financial) surged 7.56% in mid-day trading on Oct 2. The stock reached an intraday high of $64.70, before settling at $64.31, up from its previous close of $59.79. This places LEU 0.60% below its 52-week high of $64.70 and 91.91% above its 52-week low of $33.51. Trading volume was 307,593 shares, 105.4% of the average daily volume of 291,774. Wall Street Analysts Forecast Based on the one-year price targets offered by 3 analysts, the average target price for Centrus Energ ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...

Group 1 - Centrus Energy Corp. shares increased by 8.6% to close at $45.01, with notable trading volume compared to typical sessions, and a total gain of 10.4% over the past four weeks [1][2] - The stock's rise is attributed to a contingent supply agreement with Korea Hydro & Nuclear Power for a decade of low-enriched uranium deliveries, which supports the company's uranium enrichment capacity at its American Centrifuge Plant in Piketon, OH [2][3] - Centrus aims to re-establish a large-scale, U.S.-owned uranium enrichment facility, focusing on expanding operations for low-enriched uranium and high-assay low-enriched uranium for existing and advanced reactors, contingent on funding and procurement agreements [3] Group 2 - The company is expected to report quarterly earnings of $0.18 per share, reflecting a year-over-year decline of 65.4%, while revenues are projected to be $56.5 million, an increase of 10.1% from the previous year [4] - The consensus EPS estimate for Centrus has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] - Centrus Energy holds a Zacks Rank of 1 (Strong Buy), indicating strong potential in the stock, while Southern Copper, a peer in the same industry, has a Zacks Rank of 4 (Sell) [5][6]

Group 1: Federal Reserve Actions and Market Impact - The Federal Reserve cut interest rates by 50 basis points in September, indicating further cuts are likely through 2024 and into 2025 [1][3][4] - Historically, lower interest rates benefit bonds, gold, and rate-sensitive sectors like real estate and utilities, while small-cap stocks tend to perform better due to their higher debt loads [3][5] - The Real Estate Select Sector SPDR Fund (XLRE) increased by 17.3%, Utilities Select Sector SPDR ETF (XLU) rose by 12.3%, and SPDR Gold Shares ETF (GLD) climbed by 10.6% over the last 90 days [2] Group 2: Investment Opportunities - Centrus Energy Corp. (LEU) is highlighted as a strong investment due to the increasing demand for processed uranium and its role in the nuclear energy sector, which is a reliable and carbon-free energy source [6][9] - M/I Homes Inc. (MHO) is recommended as a home builder to invest in, with expected earnings per share of $20.76 in 2025, reflecting a more than 15% increase since the last quarterly report [10][12] - Analysts predict significant upside for MHO shares, with a target price of $210, indicating a potential for growth as interest rates decline [11][12]

Industry Overview - The nuclear industry is experiencing a resurgence after a decline post-Fukushima, with countries like Japan restarting reactors and new ones being developed in China, Europe, India, and Korea [2] - Global nuclear electricity generation is projected to reach an all-time high in 2025, with nuclear energy and renewables expected to surpass coal-fired generation by 2026 [3] - The electrification of transport and expansion of data centers are driving the demand for electricity, necessitating a shift away from fossil fuels [3] Nuclear Fuel Supply Challenges - The U.S. nuclear fuel supply chain has deteriorated, leading to reliance on imports from Russia and China, which is now deemed untenable due to geopolitical tensions [4] - Centrus Energy is positioned as a key player, being the only U.S. company licensed to produce 20% enriched uranium (HALEU) for new small modular reactors and 5% enriched fuel (LEU) for existing reactors [1][5] Centrus Energy Operations - Centrus Energy was formed from the privatization of U.S. uranium enrichment operations and has since restructured its debt and improved its financial position [5] - The company operates two segments: LEU supply and Technical Solutions, focusing on developing new enrichment capabilities [5] - Centrus has secured long-term contracts for LEU and is actively working with the U.S. government to rebuild domestic enrichment capabilities [5][8] Recent Developments - In October 2023, Centrus restarted enrichment operations at its Piketon, Ohio site, producing the first domestic HALEU and delivering it to the government in November [9] - The company has received over $180 million in funding from the U.S. government to construct an enrichment facility, with plans to scale production [8][9] Financial Performance - Centrus reported significant year-over-year growth, with revenue in both segments up over 100% and net income up over 70% [11] - The company has a robust order book, including $900 million in new orders for enriched uranium contingent on building a domestic enrichment site [12] - Centrus has made strides in reducing its pension liabilities, improving its balance sheet significantly since its Chapter 11 bankruptcy [13] Competitive Position - Centrus is the only licensed producer of HALEU in the U.S. and has established MOUs with companies developing next-generation reactors, positioning itself as a dominant supplier [12] - The U.S. government's requirement for enriched uranium for national security provides Centrus with a competitive advantage, as foreign companies are excluded from this market [12][8] Future Outlook - The U.S. government has earmarked billions for rebuilding enrichment capabilities, with broad bipartisan support ensuring continuity of funding [8][20] - Centrus is targeting a total addressable market of $10 billion by 2035, with significant government funding available to establish a domestic enrichment supply chain [9][20] - The company is well-positioned to capitalize on the growing demand for nuclear fuel as the industry evolves and expands [20]

Centrus Energy Corp. (LEU) announced that it inked a contingent supply agreement with Korea Hydro & Nuclear Power for a decade of low-enriched uranium deliveries to feed Korea's reactors. This deal has made a significant step forward in the company's efforts to deploy uranium enrichment capacity at its American Centrifuge Plant in Piketon, OH. Centrus' Contingent Supply Commitment This latest commitment brings the total contingent sales commitments to $1.8 billion, demonstrating strong private sector suppor ...

Core Points - Centrus Energy Corp. has secured a total of $1.8 billion in contingent sales commitments, including a significant commitment from Korea Hydro & Nuclear Power (KHNP), to support the construction of new uranium enrichment capacity in the U.S. [1][2][3] - The commitments are contingent upon entering definitive agreements and securing necessary public and private investments for the new capacity [2][5]. - The partnership with KHNP aims to enhance the stability and diversity of the global nuclear fuel market, supporting the growth of carbon-free nuclear energy [3][4]. Company Developments - Centrus has deployed a cascade of 16 advanced centrifuges at its American Centrifuge Plant in Piketon, Ohio, which began producing High-Assay, Low-Enriched Uranium (HALEU) in late 2023, marking a significant milestone as the first U.S.-owned uranium enrichment plant to start production in 70 years [4][5]. - The company plans to scale up production with additional centrifuges for both Low-Enriched Uranium (LEU) and HALEU, contingent on securing sufficient funding and purchase agreements [5][6]. - Centrus is actively competing for federal funding to boost U.S. production of LEU and HALEU, with Congress having allocated over $3.4 billion for this initiative [6]. Industry Impact - The collaboration with KHNP is expected to bring greater stability and price competition to the global nuclear fuel market, which is crucial for the long-term growth of nuclear energy [3][4]. - The establishment of a U.S.-owned uranium enrichment capability is seen as a strategic move to enhance energy security and reduce reliance on foreign sources [3][5].

Core Viewpoint - The article emphasizes the importance of value investing and highlights Centrus Energy (LEU) as a strong value stock based on its financial metrics and Zacks Rank [2][4][7] Company Summary - Centrus Energy (LEU) has a Zacks Rank of 1 (Strong Buy) and an A grade for Value, indicating strong potential for value investors [4] - The stock is currently trading at a P/E ratio of 13.07, significantly lower than the industry average of 21.19, suggesting it may be undervalued [4] - LEU's Forward P/E has fluctuated between 12.19 and 25.32 over the past 52 weeks, with a median of 18.24, indicating variability in market perception [4] - The P/S ratio for LEU is 1.6, compared to the industry's average of 2.55, further supporting the notion of undervaluation [5] - LEU's P/CF ratio stands at 6.53, well below the industry average of 17.81, highlighting its attractive cash flow outlook [6] - Over the past 12 months, LEU's P/CF has ranged from 5.95 to 21.70, with a median of 8.95, indicating strong cash flow performance [6] - Overall, the combination of these metrics suggests that Centrus Energy is likely undervalued and presents an impressive investment opportunity for value investors [7]

BETHESDA, Md., Aug. 19, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming investor conferences. On Thursday, September 5, Kevin Harrill, CFO, is scheduled to host one-on-one investor meetings at the Jefferies 2024 Industrials Conference in New York City, NY. On Wednesday, September 11, Amir Vexler, President and CEO, and Kevin Harrill, CFO, are scheduled to host one-on-one investor meetings at the 26th Annual H.C. Wainwr ...