In the last trading session, 105.93 million shares of the U.S. Energy Corp (NASDAQ:USEG) were traded, and its beta was 0.70. Most recently the company’s share price was $3.79, and it changed around $1.47 or 63.36% from the last close, which brings the market valuation of the company to $105.99M. USEG currently trades at a discount to its 52-week high of $2.43, offering almost 35.88% off that amount. The share price’s 52-week low was $0.81, which indicates that the current value has risen by an impressive 78.63% since then. We note from U.S. Energy Corp’s average daily trading volume that its 10-day average is 0.25 million shares, with the 3-month average coming to 117.37K.
U.S. Energy Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended USEG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. U.S. Energy Corp is expected to report earnings per share of 0.02 for the current quarter.
U.S. Energy Corp (NASDAQ:USEG) trade information
Instantly USEG has showed a green trend with a performance of 63.36% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.40 on recent trading dayincreased the stock’s daily price by 40.78%. The company’s shares are currently up 132.52% year-to-date, but still up 68.44% over the last five days. On the other hand, U.S. Energy Corp (NASDAQ:USEG) is 149.34% up in the 30-day period. We can see from the shorts that 51312.0 shares have been sold at a short interest cover period of 0.88 day(s).
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 45.86% from its current value. Analyst projections state that USEG is forecast to be at a low of $7 and a high of $7.
U.S. Energy Corp (USEG) estimates and forecasts
U.S. Energy Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 254.21 percent over the past six months and at a 71.88% annual growth rate that is well above the industry average of -9.90%. The year-over-year growth rate is expected to be -35.22%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 4.54M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will drop, forecast at -38.02%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -3.77%.
USEG Dividends
U.S. Energy Corp’s next quarterly earnings report is expected to be released in February.
U.S. Energy Corp (NASDAQ:USEG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 55.81% of U.S. Energy Corp shares, and 25.30% of them are in the hands of institutional investors. The stock currently has a share float of 57.25%. U.S. Energy Corp stock is held by 17.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 0.9445% of the shares, which is about 0.24 million shares worth $0.24 million.
VERITY ASSET MANAGEMENT, INC., with 0.4573% or 0.12 million shares worth $0.12 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 133.54 shares worth $0.51 million, making up 0.48% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 102.77 shares worth around $0.39 million, which represents about 0.37% of the total shares outstanding.
