Uranium Energy (UEC) Stock Slides as Market Rises: Facts to Know Before You Trade

Group 1 - Uranium Energy (UEC) closed at $6.95, reflecting a -1.7% change from the previous session, underperforming the S&P 500's daily gain of 0.92% [1] - Over the past month, shares of Uranium Energy gained 2.91%, surpassing the Basic Materials sector's gain of 1.86% and the S&P 500's gain of 0.81% [1] Group 2 - Analysts expect Uranium Energy to report earnings of$ 0 per share, indicating a year-over-year decline of 100%, while revenue is projected at $41.4 million, a 34400% increase compared to the previous year [2] - For the full year, earnings are projected at$ 0.02 per share and revenue at $129.85 million, reflecting changes of +122.22% and +57868.75% respectively from the prior year [3] Group 3 - Recent modifications to analyst estimates for Uranium Energy indicate changing near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [4] - Estimate alterations are linked to stock price performance, and investors can utilize the Zacks Rank model to capitalize on these changes [5] Group 4 - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988; Uranium Energy currently holds a Zacks Rank of 4 (Sell) [6] Group 5 - Uranium Energy is trading with a Forward P/E ratio of 353.5, indicating a premium compared to its industry's Forward P/E of 11.59; the Mining - Miscellaneous industry ranks in the bottom 48% of all industries [7]