In the last trading session, 11.13 million NuScale Power Corporation (NYSE:SMR) shares changed hands as the company’s beta touched 1.55. With the company’s per share price at $18.46 changed hands at -$0.58 or -3.05% during last session, the market valuation stood at $5.05B. SMR’s last price was a discount, traded about -74.97% off its 52-week high of $32.30. The share price had its 52-week low at $2.47, which suggests the last value was 86.62% up since then.
Analysts gave the NuScale Power Corporation (SMR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.11. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SMR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. NuScale Power Corporation’s EPS for the current quarter is expected to be -0.12.
NuScale Power Corporation (NYSE:SMR) trade information
Instantly SMR was in red as seen at the end of in last trading. With action -20.02%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2.96%, with the 5-day performance at -20.02% in the red. However, in the 30-day time frame, NuScale Power Corporation (NYSE:SMR) is -36.52% down.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 12.1% from its current market value. According to analyst projections, SMR’s forecast low is 21 with 21 as the target high. To hit the forecast high, the stock’s price needs a -13.76% plunge from its current level, while the stock would need to soar -13.76% for it to hit the projected low.
NuScale Power Corporation (SMR) estimates and forecasts
Year-over-year growth is forecast to reach -82.85% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 1.07M. 3 analysts are of the opinion that NuScale Power Corporation’s revenue for the current quarter will be 2.31M. The company’s revenue for the corresponding quarters a year ago was 4.56M and 1.38M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -76.58%. The estimates for the next quarter sales put growth at 67.36%.
The 2025 estimates are for NuScale Power Corporation earnings to increase by 9.21%, but the outlook for the next 5-year period is at 18.30% per year.
SMR Dividends
NuScale Power Corporation is expected to release its next quarterly earnings report in March.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.263% or 4.98 million shares worth $58.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund . With 5.33 shares estimated at $98.38 million under it, the former controlled 5.27% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.39% of the shares, roughly 2.42 shares worth around $44.7 million.
