Analysts Set Expectations for Uranium Energy FY2025 Earnings

Uranium Energy Corp. (NYSEAMERICAN:UEC) – Stock analysts at National Bank Financial dropped their FY2025 earnings estimates for shares of Uranium Energy in a note issued to investors on Wednesday, March 12th. National Bank Financial analyst M. Sidibe now anticipates that the basic materials company will post earnings of ($0.06) per share for the year, down from their prior forecast of ($0.01). National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Uranium Energy’s current full-year earnings is $0.01 per share.

Other analysts also recently issued reports about the stock. Stifel Canada upgraded shares of Uranium Energy to a “strong-buy” rating in a report on Tuesday, March 11th. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. HC Wainwright restated a “buy” rating and set a $12.25 price target on shares of Uranium Energy in a report on Thursday, March 13th. Finally, Stifel Nicolaus initiated coverage on shares of Uranium Energy in a report on Wednesday, March 12th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Uranium Energy has an average rating of “Buy” and a consensus target price of $10.63.

Uranium Energy Price Performance

NYSEAMERICAN UEC opened at $5.52 on Monday. The company’s 50 day simple moving average is $6.61 and its 200 day simple moving average is $6.88. Uranium Energy has a 12 month low of $4.06 and a 12 month high of $8.93. The company has a market capitalization of $2.34 billion, a P/E ratio of -46.00 and a beta of 1.88.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Uranium Energy in the fourth quarter worth approximately $100,773,000. JPMorgan Chase & Co. grew its position in Uranium Energy by 45.9% in the fourth quarter. JPMorgan Chase & Co. now owns 15,842,713 shares of the basic materials company’s stock worth $105,988,000 after acquiring an additional 4,982,949 shares in the last quarter. Ameriprise Financial Inc. grew its position in Uranium Energy by 239.4% in the fourth quarter. Ameriprise Financial Inc. now owns 6,731,148 shares of the basic materials company’s stock worth $45,036,000 after acquiring an additional 4,748,138 shares in the last quarter. Driehaus Capital Management LLC grew its position in Uranium Energy by 52.2% in the fourth quarter. Driehaus Capital Management LLC now owns 9,499,842 shares of the basic materials company’s stock worth $63,554,000 after acquiring an additional 3,259,704 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Uranium Energy in the third quarter worth approximately $12,643,000. 62.28% of the stock is owned by hedge funds and other institutional investors.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.