Uranium Energy (US:UEC) ZACKSยท2024-09-18 23:20Company Performance - Uranium Energy (UEC) closed at $4.98, showing no change from the previous day, while outperforming the S&P 500, which fell by 0.29% [1] - Over the last month, UEC shares decreased by 0.8%, underperforming the Basic Materials sector's gain of 1.45% and the S&P 500's gain of 1.57% [1] Earnings Estimates - The upcoming earnings release for Uranium Energy is anticipated with a consensus revenue estimate of $27 million, reflecting a 30.68% decrease compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Uranium Energy are important to monitor, as positive revisions indicate analysts' confidence in the company's performance and profit potential [3] Valuation Metrics - Uranium Energy currently has a Forward P/E ratio of 55.33, significantly higher than the industry average of 14.81, indicating it is trading at a premium [6] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 176, placing it in the bottom 31% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Uranium Energy has a current rank of 5 (Strong Sell) [5] - The Zacks Consensus EPS estimate has remained stagnant over the past month, indicating a lack of positive momentum [5]