In the last trading session, 1.3 million NET Power Inc (NYSE:NPWR) shares changed hands as the company’s beta touched 0.57. With the company’s per share price at $2.03 changed hands at -$0.16 or -7.31% during last session, the market valuation stood at $441.79M. NPWR’s last price was a discount, traded about -603.45% off its 52-week high of $14.28. The share price had its 52-week low at $2.01, which suggests the last value was 0.99% up since then. When we look at NET Power Inc’s average trading volume, we note the 10-day average is 0.88 million shares, with the 3-month average coming to 1.05 million.
Analysts gave the NET Power Inc (NPWR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.43. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended NPWR as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. NET Power Inc’s EPS for the current quarter is expected to be -0.11.
NET Power Inc (NYSE:NPWR) trade information
Instantly NPWR was in red as seen at the end of in last trading. With action -21.62%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -80.83%, with the 5-day performance at -21.62% in the red. However, in the 30-day time frame, NET Power Inc (NYSE:NPWR) is -57.26% down. Looking at the short shares, we see there were 3.74 million shares sold at short interest cover period of 2.09 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 32.33% from its current market value. According to analyst projections, NPWR’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -47.78% plunge from its current level, while the stock would need to soar -47.78% for it to hit the projected low.
NET Power Inc (NPWR) estimates and forecasts
Year-over-year growth is forecast to reach 166.67% up from the last financial year.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at -100.00%.
The 2025 estimates are for NET Power Inc earnings to decrease by -44.05%, but the outlook for the next 5-year period is at 16.22% per year.
NPWR Dividends
NET Power Inc is expected to release its next quarterly earnings report on 2025-Mar-09.
NET Power Inc (NYSE:NPWR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.78% of NET Power Inc shares while 86.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 99.25%. There are 86.57% institutions holding the NET Power Inc stock share, with SHARE ANDREW L. the top institutional holder. As of 2024-06-30, the company held 13.8223% of the shares, roughly 9.94 million NPWR shares worth $97.69 million.
ENCOMPASS CAPITAL ADVISORS LLC holds the second largest percentage of outstanding shares, with 2.906% or 2.09 million shares worth $20.54 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 926.85 shares estimated at $1.88 million under it, the former controlled 1.20% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 0.99% of the shares, roughly 763.1 shares worth around $1.55 million.
