Top investors say NuScale Power Corporation (SMR) ticks everything they need

With 2.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.46 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $9.82 whereas the lowest price it dropped to was $8.98. 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 $11.12. Beta for the stock currently stands at 1.20.

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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 up-trending over the past week, with a rise of 10.18%, but this was up by 0.11% over a month. Three-month performance surged to 6.94% while six-month performance fell -10.00%. The stock gained 51.50% in the past year, while it has gained 176.29% 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 -0.12. This implies an EPS growth rate of -5.13% for this year and 29.43% 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 2024-08-30, short shares totaled 19.74 million, which was 2085.0 higher than short shares on 1722384000. 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 0.46403998 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.