A glimpse at Uranium Energy Corp’s potential climb to old highs

The closing price of Uranium Energy Corp (AMEX: UEC) was $6.35 for the day, down -2.46% from the previous closing price of $6.51. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 9313211 shares were traded.

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Ratios:

Our analysis of UEC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Securities on September 13, 2023, initiated with a Speculative Buy rating and assigned the stock a target price of $6.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 01 when DELLA VOLPE VINCENT sold 84,000 shares for $8.17 per share. The transaction valued at 685,983 led to the insider holds 186,095 shares of the business.

OBARA PAT sold 4,877 shares of UEC for $29,620 on Nov 16. The Chief Financial Officer now owns 788,000 shares after completing the transaction at $6.07 per share. On Nov 14, another insider, OBARA PAT, who serves as the Chief Financial Officer of the company, sold 37,755 shares for $6.05 each. As a result, the insider received 228,445 and left with 792,877 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UEC now has a Market Capitalization of 2.50B and an Enterprise Value of 2.47B. As of this moment, Uranium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 668.42, and their Forward P/E ratio for the next fiscal year is 36.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.28 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 23.07 whereas that against EBITDA is 525.61.

Stock Price History:

Over the past 52 weeks, UEC has reached a high of $8.34, while it has fallen to a 52-week low of $2.30. The 50-Day Moving Average of the stock is 7.14, while the 200-Day Moving Average is calculated to be 5.07.

Shares Statistics:

UEC traded an average of 8.51M shares per day over the past three months and 8.32M shares per day over the past ten days. A total of 392.98M shares are outstanding, with a floating share count of 385.81M. Insiders hold about 1.83% of the company’s shares, while institutions hold 65.53% stake in the company. Shares short for UEC as of Jan 31, 2024 were 36.83M with a Short Ratio of 4.33, compared to 37.13M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.37% and a Short% of Float of 9.54%.

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0.01, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.06 and -$0.03 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.11, with 4 analysts recommending between $0.35 and $0.02.

Revenue Estimates

A total of 3 analysts have provided revenue estimates for UEC’s current fiscal year. The highest revenue estimate was $133.96M, while the lowest revenue estimate was $47M, resulting in an average revenue estimate of $80.69M. In the same quarter a year ago, actual revenue was $164.39M, down -50.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $93.72M in the next fiscal year. The high estimate is $133.67M and the low estimate is $61.5M. The average revenue growth estimate for next year is up 16.10% from the average revenue estimate for this year.

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