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In the latest trading session, Energy Fuels (UUUU) closed at $4.52, marking a +1.57% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.15%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.09%.
Shares of the uranium and vanadium miner and developer witnessed a gain of 21.25% over the previous month, beating the performance of the Basic Materials sector with its loss of 1.29% and the S&P 500's loss of 0.21%.
The investment community will be closely monitoring the performance of Energy Fuels in its forthcoming earnings report. The company is scheduled to release its earnings on May 8, 2025. The company is forecasted to report an EPS of -$0.05, showcasing a 350% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $15.2 million, reflecting a 40.23% fall from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.21 per share and revenue of $72.27 million, indicating changes of +25% and -7.49%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Energy Fuels boasts a Zacks Rank of #3 (Hold).
The Mining - Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.