From Nasdaq: 2024-11-22 18:00:04

Uranium Energy (UEC) closed at $8.46, up 0.71% from the previous day, outperforming the S&P 500 and Nasdaq. Analysts predict an EPS of -$0.01 and revenue of $17.1 million for the upcoming earnings report. The Zacks Consensus Estimates project earnings of $0.09 per share and revenue of $104.1 million for the full year.

Investors should monitor analyst revisions for Uranium Energy as they reflect short-term business trends. The Zacks Rank system, with a #1 (Strong Buy) to #5 (Strong Sell) scale, has historically delivered strong returns. Uranium Energy currently holds a Zacks Rank #3 (Hold) with an unchanged EPS estimate over the last 30 days.

Uranium Energy’s Forward P/E ratio is 93.33, higher than the industry average of 16.92. The Mining – Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 174, indicating below-average performance. Top-rated industries typically outperform the bottom half by a 2 to 1 margin.

Zacks experts have identified 5 stocks set to potentially double in 2024, with previous picks gaining as much as +673.0%. These stocks offer an opportunity to invest in under-the-radar companies. Stay updated on stock-shifting metrics through Zacks.com for informed trading decisions.



Read more at Nasdaq: Uranium Energy (UEC) Outpaces Stock Market Gains: What You Should Know