In the last trading session, 1.1 million shares of the U.S. Energy Corp (NASDAQ:USEG) were traded, and its beta was 0.65. Most recently the company’s share price was $2.13, and it changed around -$0.11 or -4.91% from the last close, which brings the market valuation of the company to $74.90M. USEG currently trades at a discount to its 52-week high of $6.40, offering almost -200.47% off that amount. The share price’s 52-week low was $0.81, which indicates that the current value has risen by an impressive 61.97% since then. We note from U.S. Energy Corp’s average daily trading volume that its 10-day average is 7.28 million shares, with the 3-month average coming to 3.81 million.
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 -0.08 for the current quarter.
U.S. Energy Corp (NASDAQ:USEG) trade information
Instantly USEG has showed a red trend with a performance of -4.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.56 on recent trading dayincreased the stock’s daily price by 40.17%. The company’s shares are currently up 30.67% year-to-date, but still down -4.91% over the last five days. On the other hand, U.S. Energy Corp (NASDAQ:USEG) is 13.30% up in the 30-day period. We can see from the shorts that 84874.0 shares have been sold at a short interest cover period of 0.57 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 69.57% 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
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. 1 analysts expect U.S. Energy Corp to make 3.96M in revenue for the current ending 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%. U.S. Energy Corp earnings are expected to increase by 59.11% in 2025, but the outlook is positive 75.00% per year for the next five years.
USEG Dividends
U.S. Energy Corp’s next quarterly earnings report is expected to be released in March.
U.S. Energy Corp (NASDAQ:USEG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 50.47% of U.S. Energy Corp shares, and 19.02% of them are in the hands of institutional investors. The stock currently has a share float of 38.40%. U.S. Energy Corp stock is held by 18.0 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 $0.28 million, making up 0.38% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 102.77 shares worth around $0.22 million, which represents about 0.29% of the total shares outstanding.
