Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The closing price of NuScale Power Corporation (NYSE: SMR) was $6.16 for the day, up 2.16% from the previous closing price of $6.03. In other words, the price has increased by $2.16 from its previous closing price. On the day, 2.19 million shares were traded. SMR stock price reached its highest trading level at $6.3 during the session, while it also had its lowest trading level at $5.88.
Ratios:
Our analysis of SMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on March 19, 2024, Downgraded its rating to Underweight and sets its target price to $4.50 from $7.50 previously.
On January 29, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $4.25.
On October 13, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.B. Riley Securities initiated its Buy rating on October 13, 2023, with a $12 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 22 ’24 when Hopkins John Lawrence sold 59,768 shares for $4.20 per share. The transaction valued at 251,026 led to the insider holds 0 shares of the business.
Hopkins John Lawrence sold 13,451 shares of SMR for $41,927 on Feb 29 ’24. The Chief Executive Officer now owns 59,768 shares after completing the transaction at $3.12 per share. On Feb 29 ’24, another insider, Reyes Jose N Jr, who serves as the Chief Technology Officer of the company, sold 10,328 shares for $3.12 each. As a result, the insider received 32,192 and left with 461,402 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMR now has a Market Capitalization of 534442816 and an Enterprise Value of 410188288. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.55 while its Price-to-Book (P/B) ratio in mrq is 5.07. Its current Enterprise Value per Revenue stands at 17.983 whereas that against EBITDA is -1.502.
Stock Price History:
The Beta on a monthly basis for SMR is 0.99, which has changed by -0.24719101 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, SMR has reached a high of $11.21, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 18.43%, while the 200-Day Moving Average is calculated to be 35.51%.
Shares Statistics:
SMR traded an average of 4.93M shares per day over the past three months and 2637700 shares per day over the past ten days. A total of 76.90M shares are outstanding, with a floating share count of 62.22M. Insiders hold about 28.35% of the company’s shares, while institutions hold 32.71% stake in the company. Shares short for SMR as of 1713139200 were 12124630 with a Short Ratio of 2.46, compared to 1710460800 on 15100246. Therefore, it implies a Short% of Shares Outstanding of 12124630 and a Short% of Float of 14.78.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.21, while EPS last year was -$0.21. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.13 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.41 and -$0.64 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.44, with 4.0 analysts recommending between -$0.37 and -$0.52.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $8.26M to a low estimate of $3.15M. As of the current estimate, NuScale Power Corporation’s year-ago sales were $5.5MFor the next quarter, 2 analysts are estimating revenue of $6.97M. There is a high estimate of $8.69M for the next quarter, whereas the lowest estimate is $5.25M.
A total of 5 analysts have provided revenue estimates for SMR’s current fiscal year. The highest revenue estimate was $85.1M, while the lowest revenue estimate was $17.75M, resulting in an average revenue estimate of $44.47M. In the same quarter a year ago, actual revenue was $22.81MBased on 5 analysts’ estimates, the company’s revenue will be $134.37M in the next fiscal year. The high estimate is $270.5M and the low estimate is $41.42M.
