Uranium Energy Corp. (UEC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 17, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Uranium Energy Corp. ("Uranium Energy" or "the Company") (NYSE:UEC). Investors who purchased Uranium Energy securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/UEC.
Is Uranium Energy Stock a Buy?
Uranium Energy made a very astute move to build a stockpile of uranium when uranium prices were low. Uranium prices have since recovered and the company is selling its stockpile at a profit.
Uranium Energy Corp. (UEC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK, NY / ACCESSWIRE / June 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Uranium Energy Corp. ("Uranium Energy" or "the Company") (NYSE:UEC). Investors who purchased Uranium Energy securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/UEC.
Uranium Energy (UEC) Falls Short of Q3 Earnings Estimates
Uranium Energy (UEC) reports nil revenues and a loss in the third quarter of fiscal 2024 due to the lack of sales of purchased uranium inventory and higher operating expenses.
Wall Street Bulls Look Optimistic About Uranium Energy (UEC): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Uranium Energy: Buy, Sell, or Hold?
Uranium Energy is a nuclear fuel company that owns a large stockpile of uranium. The company does not yet have an operating mine, though it hopes to reopen a mine later in 2024.
Uranium Energy (UEC) to Report Q3 Earnings: What's in Store?
Uranium Energy's (UEC) third-quarter fiscal 2024 results are expected to reflect revenues from the sale of purchased uranium inventory and mineral property expenditures.
Uranium Energy (UEC) Exceeds Market Returns: Some Facts to Consider
Uranium Energy (UEC) closed at $7.53 in the latest trading session, marking a +1.48% move from the prior day.
Uranium Energy (UEC) Exceeds Market Returns: Some Facts to Consider
Zacks Equity Research Tale of the Tape In the latest trading session, Uranium Energy (UEC Quick QuoteUEC - Free Report) closed at $7.53, marking a +1.48% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. On the other hand, the Dow registered a loss of 0.49%, and the technology-centric Nasdaq increased by 0.65%.The the stock of uranium mining and exploration company has risen by 9.28% in the past month, leading the Basic Materials sector's gain of 5.36% and the S&P 500's gain of 5.78%.Market participants will be closely following the financial results of Uranium Energy in its upcoming release. The company is expected to report EPS of $0.01, up 150% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $21 million, up 3.86% from the prior-year quarter.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.08 per share and a revenue of $55 million, indicating changes of +900% and -66.54%, respectively, from the former year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Uranium Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Uranium Energy holds a Zacks Rank of #3 (Hold).Investors should also note Uranium Energy's current valuation metrics, including its Forward P/E ratio of 98.93. This valuation marks a premium compared to its industry's average Forward P/E of 18.42.The Mining - Miscellaneous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 174, this industry ranks in the bottom 31% of all industries, numbering over 250.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
