A share price of NuScale Power Corporation [SMR] is currently trading at $20.13, up 2.29%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SMR shares have gain 13.66% over the last week, with a monthly amount drifted -15.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
NuScale Power Corporation [NYSE: SMR] stock has seen the most recent analyst activity on September 26, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $16. Previously, CLSA started tracking the stock with Outperform rating on September 13, 2024, and set its price target to $11. On March 19, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $4.50 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $4.25 on January 29, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $12 as its price target on October 13, 2023. UBS started tracking with a Neutral rating for this stock on October 25, 2022, and assigned it a price target of $13. In a note dated August 25, 2022, Wells Fargo initiated an Equal Weight rating and provided a target price of $17 on this stock.
NuScale Power Corporation experienced fluctuations in its stock price throughout the past year between $1.88 and $32.30. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. NuScale Power Corporation [NYSE: SMR] shares were valued at $20.13 at the most recent close of the market. An investor can expect a potential return of 4.32% based on the average SMR price forecast.
Analyzing the SMR fundamentals
Trailing Twelve Months sales for NuScale Power Corporation [NYSE:SMR] were 7.38M which represents -93.17% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -26.82%, Pretax Profit Margin comes in at -30.42%, and Net Profit Margin reading is -10.89%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -0.62 and Total Capital is -1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.18 points at the first support level, and at 18.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.67, and for the 2nd resistance point, it is at 21.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NuScale Power Corporation [NYSE:SMR] is 2.24. Also, the Quick Ratio is 2.24, while the Cash Ratio stands at 1.39. Considering the valuation of this stock, the price to sales ratio is 746.88, the price to book ratio is 12.31.
Transactions by insiders
Recent insider trading involved Hopkins John Lawrence, Chief Executive Officer, that happened on Jan 02 ’25 when 0.66 million shares were sold. Officer, Hopkins John Lawrence completed a deal on Jan 02 ’25 to buy 0.66 million shares. Meanwhile, Chief Financial Officer Hamady Robert Ramsey sold 28840.0 shares on Dec 12 ’24.
