Currently, there are 122.84M common shares owned by the public and among those 111.03M shares have been available to trade.
The company’s stock has a 5-day price change of -5.05% and -40.97% over the past three months. SMR shares are trading -18.18% year to date (YTD), with the 12-month market performance up to 247.63% higher. It has a 12-month low price of $3.79 and touched a high of $32.30 over the same period. SMR has an average intraday trading volume of 11.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -25.66%, -30.63%, and -7.50% respectively.
Institutional ownership of NuScale Power Corporation (NYSE: SMR) shares accounts for 45.36% of the company’s 122.84M shares outstanding.
It has a market capitalization of $4.14B and a beta (3y monthly) value of 1.61. The earnings-per-share (ttm) stands at -$1.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.73% over the week and 11.71% over the month.
Analysts forecast that NuScale Power Corporation (SMR) will achieve an EPS of -0.17 for the current quarter, -0.17 for the next quarter and -0.46 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.17 while analysts give the company a high EPS estimate of -0.17. Comparatively, EPS for the current quarter was -0.21 a year ago. Earnings per share for the fiscal year are expected to increase by 81.08%, and -34.81% over the next financial year. EPS should grow at an annualized rate of 39.38% over the next five years, compared to -34.24% over the past 5-year period.
Looking at the support for the SMR, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on September 26, 2024, with the firm’s price target at $16. CLSA coverage for the NuScale Power Corporation (SMR) stock in a research note released on September 13, 2024 offered a Outperform rating with a price target of $11. Wells Fargo was of a view on March 19, 2024 that the stock is Underweight, while Canaccord Genuity gave the stock Buy rating on January 29, 2024, issuing a price target of $4.25. B. Riley Securities on their part issued Buy rating on October 13, 2023.
