Uranium Energy (US:UEC) ZACKSยท2024-10-29 23:20Company Performance - Uranium Energy (UEC) closed at $7.99, reflecting a -0.5% change from the previous day, underperforming the S&P 500 which gained 0.16% [1] - Over the past month, UEC shares have appreciated by 29.31%, significantly outperforming the Basic Materials sector's decline of 5.21% and the S&P 500's increase of 1.67% [1] Upcoming Earnings - The upcoming earnings per share (EPS) for Uranium Energy is projected at -$0.01, indicating stability compared to the same quarter last year [2] - Revenue is estimated at $17.1 million, representing a substantial increase of 15445.45% from the equivalent quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates for UEC's full-year earnings are $0.09 per share and revenue of $104.1 million, indicating year-over-year increases of +200% and +46373.21%, respectively [3] Analyst Estimates - Recent changes to analyst estimates for Uranium Energy are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging an annual return of +25% since 1988 [6] - Currently, Uranium Energy holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [6] Valuation Metrics - Uranium Energy is currently trading at a Forward P/E ratio of 89.22, which is a premium compared to the industry average Forward P/E of 17.55 [7] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [7]