NuScale Power Corporation (NYSE:SMR)’s traded shares stood at 0.72 million during the latest session, with the company’s beta value hitting 1.20. At the last check today, the stock’s price was $8.70, to imply a decrease of -0.49% or -$0.04 in intraday trading. The SMR share’s 52-week high remains $16.91, putting it -94.37% down since that peak but still an impressive 79.2% since price per share fell to its 52-week low of $1.81. The company has a valuation of $823.77M, with an average of 2.97 million shares in intraday trading volume over the past 10 days and average of 5.42 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for NuScale Power Corporation (SMR), translating to a mean rating of 1.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give SMR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.
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NuScale Power Corporation (NYSE:SMR) trade information
After registering a -0.49% downside in the latest session, NuScale Power Corporation (SMR) has traded red over the past five days. The 5-day price performance for the stock is 17.05%, and -12.86% over 30 days. With these gigs, the year-to-date price performance is 164.34%. Short interest in NuScale Power Corporation (NYSE:SMR) saw shorts transact 19.74 million shares and set a 5.01 days time to cover.
The extremes give us $4.5 and $18 for target low and target high price respectively. As such, SMR has been trading -106.9% off suggested target high and 48.28% from its likely low.
NuScale Power Corporation (SMR) estimates and forecasts
Looking at statistics comparing NuScale Power Corporation share performance against respective industry, we note that the company has outperformed competitors. NuScale Power Corporation (SMR) shares are 22.84% up over the last 6 months, with its year-to-date growth rate higher than industry average at 31.25% against 19.40%. Revenue is forecast to grow 84.60% this quarter before jumping 84.00% for the next one. The rating firms project that company’s revenue will shrink -44.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 3.96M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 5.04M.
SMR Dividends
NuScale Power Corporation has its next earnings report out on 2024-Nov-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
NuScale Power Corporation (NYSE:SMR)’s Major holders
NuScale Power Corporation insiders hold 16.96% of total outstanding shares, with institutional holders owning 46.40% of the shares at 55.88% float percentage. In total, 46.40% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 6.97 million shares (or 8.7549% of shares), all amounting to roughly $81.45 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 4.98 million shares, or about 6.263% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $58.27 million.
