From Nasdaq: 2024-11-08 18:00:06

In the latest trading session, Uranium Energy (UEC) closed at $7.93, down -0.63%. This performance lagged behind the S&P 500’s gain of 0.38%. Over the past month, UEC shares have risen by 16.16%, outpacing the Basic Materials sector and the S&P 500.

Investors are eagerly awaiting Uranium Energy’s upcoming earnings release. The projected EPS is -$0.01, with an estimated revenue of $17.1 million, a significant increase from the previous year. Analysts have forecasted earnings of $0.09 per share and revenue of $104.1 million for the entire year.

Changes in analyst forecasts for Uranium Energy can impact stock prices. The Zacks Rank system, which rates UEC as a #3 (Hold), considers these estimate changes to provide actionable insights for investors. The system has a history of outperforming with annual gains of +25%.

Uranium Energy is currently trading at a Forward P/E ratio of 88.67, a premium compared to the industry average of 18.56. The Mining – Miscellaneous industry, part of the Basic Materials sector, ranks in the bottom 33% of all industries. Utilize Zacks.com to monitor stock-moving metrics.

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