During the last session, NuScale Power Corporation (NYSE:SMR)’s traded shares were 4.87 million, with the beta value of the company hitting 1.60. At the end of the trading day, the stock’s price was $14.50, reflecting an intraday loss of -5.72% or -$0.88. The 52-week high for the SMR share is $32.30, that puts it down -122.76 from that peak though still a striking 68.21% gain since the share price plummeted to a 52-week low of $4.61. The company’s market capitalization is $4.12B, and the average intraday trading volume over the past 10 days was 7.47 million shares, and the average trade volume was 10.29 million shares over the past three months.
NuScale Power Corporation (SMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.90. SMR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.
NuScale Power Corporation (NYSE:SMR) trade information
NuScale Power Corporation (SMR) registered a -5.72% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.72% in intraday trading to $14.50, hitting a weekly high. The stock’s 5-day price performance is -9.71%, and it has moved by -12.55% in 30 days. Based on these gigs, the overall price performance for the year is 198.97%. The short interest in NuScale Power Corporation (NYSE:SMR) is 24.59 million shares and it means that shorts have 3.02 day(s) to cover.
The consensus price target of analysts on Wall Street is $21, which implies an increase of 30.95% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $21 and $21 respectively. As a result, SMR is trading at a discount of -44.83% off the target high and -44.83% off the low.
NuScale Power Corporation (SMR) estimates and forecasts
In the rating firms’ projections, revenue will increase 44.43% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.44M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 3.46M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.38M and 967k respectively. In this case, analysts expect current quarter sales to grow by 149.52% and then jump by 258.03% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -34.24%. While earnings are projected to return 78.74% in 2025, the next five years will return 39.88% per annum.
SMR Dividends
NuScale Power Corporation is due to release its next quarterly earnings on 2025-Mar-02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
NuScale Power Corporation (NYSE:SMR)’s Major holders
NuScale Power Corporation insiders own 5.89% of total outstanding shares while institutional holders control 51.07%, with the float percentage being 54.26%. VANGUARD GROUP INC is the largest shareholder of the company, while 402.0 institutions own stock in it. As of 2024-06-30, the company held over 6.97 million shares (or 8.7549% of all shares), a total value of $81.45 million in shares.
The next largest institutional holding, with 4.98 million shares, is of BLACKROCK INC.’s that is approximately 5.5659% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $58.27 million.
