In the last trading session, 16.17 million shares of the U.S. Energy Corp (NASDAQ:USEG) were traded, and its beta was 0.49. Most recently the company’s share price was $1.72, and it changed around -$0.49 or -22.40% from the last close, which brings the market valuation of the company to $58.29M. USEG currently trades at a discount to its 52-week high of $6.40, offering almost -272.09% off that amount. The share price’s 52-week low was $0.81, which indicates that the current value has risen by an impressive 52.91% since then.
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 -0.06 for the current quarter.
U.S. Energy Corp (NASDAQ:USEG) trade information
Instantly USEG has showed a red trend with a performance of -22.40% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.75 on recent trading dayincreased the stock’s daily price by 37.45%. The company’s shares are currently up 5.21% year-to-date, but still up 33.98% over the last five days. On the other hand, U.S. Energy Corp (NASDAQ:USEG) is 42.92% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 75.43% 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 -48.32%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 2.9M in revenue for the current quarter. 2 analysts expect U.S. Energy Corp to make 2.76M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 6.05M and 4.96M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -52.00%. Forecasts for the next quarter put sales growth at -44.24%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -7.01%. U.S. Energy Corp earnings are expected to increase by 76.36% in 2025, but the outlook is positive 58.22% per year for the next five years.
USEG Dividends
U.S. Energy Corp’s next quarterly earnings report is expected to be released in July.
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.
