In last trading session, NuScale Power Corporation (NYSE:SMR) saw 10.85 million shares changing hands with its beta currently measuring 1.26. Company’s recent per share price level of $28.06 trading at $1.72 or 6.53% at ring of the bell on the day assigns it a market valuation of $7.63B. That closing price of SMR’s stock is at a discount of -13.93% from its 52-week high price of $31.97 and is indicating a premium of 93.3% from its 52-week low price of $1.88. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.77 million shares which gives us an average trading volume of 9.85 million if we extend that period to 3-months.
For NuScale Power Corporation (SMR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.
NuScale Power Corporation (NYSE:SMR) trade information
Upright in the green during last session for gaining 6.53%, in the last five days SMR remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $28.06 price level, adding 12.23% to its value on the day. NuScale Power Corporation’s shares saw a change of 752.89% in year-to-date performance and have moved 9.01% in past 5-day. NuScale Power Corporation (NYSE:SMR) showed a performance of 29.85% in past 30-days. Number of shares sold short was 22.25 million shares which calculate 1.42 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a fall of -75.37% to its current value. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 21. It follows that stock’s current price would jump 83.96% in reaching the projected high whereas dropping to the targeted low would mean a gain of 83.96% for stock’s current value.
NuScale Power Corporation (SMR) estimates and forecasts
This year revenue growth is estimated to fall -3.71% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 475k for the same. And 2 analysts are in estimates of company making revenue of 1.46M in the next quarter. Company posted 4.56M and 1.38M of sales in current and next quarters respectively a year earlier.
NuScale Power Corporation (NYSE:SMR)’s Major holders
Insiders are in possession of 10.55% of company’s total shares while institution are holding 50.05 percent of that, with stock having share float percentage of 55.95%. Investors also watch the number of corporate investors in a company very closely, which is 50.05% institutions for NuScale Power Corporation that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SMR for having 6.97 million shares of worth $81.45 million. And as of 2024-06-30, it was holding 8.7549 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.263 of outstanding shares, having a total worth of $58.27 million.
On the other hand, Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 5.17 shares of worth $145.14 million or 5.12% of the total outstanding shares. The later fund manager was in possession of 2.42 shares on Jun 30, 2024 , making its stake of worth around $67.94 million in the company or a holder of 2.39% of company’s stock.
