Healthy Upside Potential: NuScale Power Corporation (SMR)

With 4.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.56 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $12.11 whereas the lowest price it dropped to was $11.03. The 52-week range on SMR shows that it touched its highest point at $16.91 and its lowest point at $1.81 during that stretch. It currently has a 1-year price target of $10.83. Beta for the stock currently stands at 1.26.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMR was down-trending over the past week, with a drop of -0.59%, but this was up by 44.35% over a month. Three-month performance surged to 8.69% while six-month performance rose 107.69%. The stock gained 142.45% in the past year, while it has gained 261.09% so far this year. A look at the trailing 12-month EPS for SMR yields -1.02 with Next year EPS estimates of -0.59. For the next quarter, that number is -0.13. This implies an EPS growth rate of -3.61% for this year and 29.20% for next year.

Float and Shares Shorts:

At present, 94.72 million SMR shares are outstanding with a float of 79.84 million shares on hand for trading. On 2024-09-13, short shares totaled 20.0 million, which was 2112.0000999999997 higher than short shares on 1723680000. In addition to Mr. John L. Hopkins as the firm’s President, CEO & Director, Mr. Robert Ramsey Hamady serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.46362 of SMR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SMR reported revenue of $967000.0 and operating income of -$41878000.0. Over the past year, revenue came in at $1.61M while operating income stood at -$166.12M. It generated -$27617000.0 net income for the quarter, which came to -$99.53M over the last twelve months. The EBITDA in the recently reported quarter was -$4698000.0 and diluted EPS was -$0.31. EBITDA for the full year was -$95.37M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.