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Energy Fuels (UUUU) Dips More Than Broader Markets: What You Should Know
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Energy Fuels (UUUU - Free Report) closed the most recent trading day at $7.23, moving -0.96% from the previous trading session. This change lagged the S&P 500's 0.75% loss on the day. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, added 0.13%.
Coming into today, shares of the uranium and vanadium miner and developer had gained 19.28% in the past month. In that same time, the Basic Materials sector gained 4.49%, while the S&P 500 gained 4.98%.
Energy Fuels will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.03, up 40% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1 million, up 38.89% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.21 per share and revenue of $25.58 million, which would represent changes of +8.7% and +703.23%, respectively, from the prior year.
Any recent changes to analyst estimates for Energy Fuels should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Energy Fuels is currently a Zacks Rank #3 (Hold).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Energy Fuels (UUUU) Dips More Than Broader Markets: What You Should Know
Energy Fuels (UUUU - Free Report) closed the most recent trading day at $7.23, moving -0.96% from the previous trading session. This change lagged the S&P 500's 0.75% loss on the day. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, added 0.13%.
Coming into today, shares of the uranium and vanadium miner and developer had gained 19.28% in the past month. In that same time, the Basic Materials sector gained 4.49%, while the S&P 500 gained 4.98%.
Energy Fuels will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.03, up 40% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1 million, up 38.89% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.21 per share and revenue of $25.58 million, which would represent changes of +8.7% and +703.23%, respectively, from the prior year.
Any recent changes to analyst estimates for Energy Fuels should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Energy Fuels is currently a Zacks Rank #3 (Hold).
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.