NuScale Power Corporation (NYSE:SMR)’s traded shares stood at 9.07 million during the last session, with the company’s beta value hitting 1.35. At the close of trading, the stock’s price was $24.35, to imply a decrease of -2.01% or -$0.5 in intraday trading. The SMR share’s 52-week high remains $32.30, putting it -32.65% down since that peak but still an impressive 92.28% since price per share fell to its 52-week low of $1.88. The company has a valuation of $6.22B, with an average of 10.5 million shares in intraday trading volume over the past 10 days and average of 10.56 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 2.25. 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 -0.13.
NuScale Power Corporation (NYSE:SMR) trade information
After registering a -2.01% downside in the last session, NuScale Power Corporation (SMR) has traded red over the past five days. The 5-day price performance for the stock is -13.22%, and 29.38% over 30 days. With these gigs, the year-to-date price performance is 640.12%. Short interest in NuScale Power Corporation (NYSE:SMR) saw shorts transact 22.25 million shares and set a 1.42 days time to cover.
The extremes give us $14 and $21 for target low and target high price respectively. As such, SMR has been trading 13.76% off suggested target high and 42.51% from its likely low.
NuScale Power Corporation (SMR) estimates and forecasts
The rating firms project that company’s revenue will shrink -3.71% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 475k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.46M.Earnings reports from the last fiscal year show that sales brought in 4.56M and 1.38M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -89.58% before jumping 6.01% in the following quarter.
SMR Dividends
NuScale Power Corporation has its next earnings report out in January. 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 10.55% of total outstanding shares, with institutional holders owning 50.30% of the shares at 56.24% float percentage. In total, 50.30% 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.
