Core Insights - Uranium Energy (UEC) stock closed at 0, reflecting a 100% decline compared to the same quarter last year [2] - Revenue is expected to be 0.01 per share and revenue of $119.9 million, representing increases of 111.11% and 53,426.79% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Uranium Energy are crucial as they often indicate shifts in near-term business trends, with positive revisions suggesting a favorable business outlook [4] Stock Price Correlation - Research indicates that changes in analyst estimates are directly correlated with near-term stock prices, and the Zacks Rank system is designed to leverage this relationship [5] Zacks Rank - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically yielding an average annual return of +25% since 1988 [6] - Over the last 30 days, the Zacks Consensus EPS estimate for Uranium Energy has decreased by 50%, and the company currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Uranium Energy has a Forward P/E ratio of 568, significantly higher than the industry average Forward P/E of 12.03 [7] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 181, placing it in the bottom 28% of over 250 industries [7] Industry Performance - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]
Uranium Energy (UEC) Sees a More Significant Dip Than Broader Market: Some Facts to Know