In the last trading session, 1.2 million shares of the NET Power Inc (NYSE:NPWR) were traded, and its beta was 0.39. Most recently the company’s share price was $2.94, and it changed around -$0.09 or -2.97% from the last close, which brings the market valuation of the company to $639.83M. NPWR currently trades at a discount to its 52-week high of $14.28, offering almost -385.71% off that amount. The share price’s 52-week low was $2.28, which indicates that the current value has risen by an impressive 22.45% since then. We note from NET Power Inc’s average daily trading volume that its 10-day average is 3.37 million shares, with the 3-month average coming to 1.03 million.
NET Power Inc 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 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended NPWR as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. NET Power Inc is expected to report earnings per share of -0.11 for the current quarter.
NET Power Inc (NYSE:NPWR) trade information
Instantly NPWR has showed a red trend with a performance of -2.97% 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 3.43 on recent trading dayincreased the stock’s daily price by 14.29%. The company’s shares are currently down -72.24% year-to-date, but still down -9.54% over the last five days. On the other hand, NET Power Inc (NYSE:NPWR) is -63.97% down in the 30-day period. We can see from the shorts that 3.3 million shares have been sold at a short interest cover period of 7.63 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 2.0% from its current value. Analyst projections state that NPWR is forecast to be at a low of $3 and a high of $3.
NET Power Inc (NPWR) estimates and forecasts
The year-over-year growth rate is expected to be 166.67%, up from the previous year.
Forecasts for the next quarter put sales growth at -100.00%.
NET Power Inc earnings are expected to increase by -44.05% in 2025, but the outlook is positive 16.22% per year for the next five years.
NPWR Dividends
NET Power Inc’s next quarterly earnings report is expected to be released on 2025-Mar-09.
NET Power Inc (NYSE:NPWR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.78% of NET Power Inc shares, and 86.54% of them are in the hands of institutional investors. The stock currently has a share float of 99.22%. NET Power Inc stock is held by 156.0 institutions, with SHARE ANDREW L. being the largest institutional investor. By 2024-06-30, it held 13.8223% of the shares, which is about 9.94 million shares worth $97.69 million.
ENCOMPASS CAPITAL ADVISORS LLC, with 2.906% or 2.09 million shares worth $20.54 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 926.85 shares worth $2.72 million, making up 1.20% of all outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held roughly 763.1 shares worth around $2.24 million, which represents about 0.99% of the total shares outstanding.
