NuScale Power Co. (NYSE:SMR - Free Report) - Research analysts at B. Riley increased their FY2025 earnings estimates for NuScale Power in a research note issued on Tuesday, March 4th. B. Riley analyst R. Pfingst now forecasts that the company will earn ($0.41) per share for the year, up from their previous forecast of ($0.45). The consensus estimate for NuScale Power's current full-year earnings is ($0.73) per share. B. Riley also issued estimates for NuScale Power's FY2026 earnings at ($0.45) EPS and FY2027 earnings at ($0.40) EPS.
Separately, UBS Group cut their target price on shares of NuScale Power from $25.00 to $17.00 and set a "neutral" rating on the stock in a research note on Friday. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $12.58.
Check Out Our Latest Stock Analysis on SMR
NuScale Power Trading Down 1.9 %
NuScale Power stock traded down $0.30 during trading on Friday, reaching $15.65. The company had a trading volume of 11,051,525 shares, compared to its average volume of 11,949,105. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of -16.48 and a beta of 1.58. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.24 and a current ratio of 2.24. The stock's 50 day moving average price is $21.33 and its two-hundred day moving average price is $18.51. NuScale Power has a 12-month low of $3.79 and a 12-month high of $32.30.
Insiders Place Their Bets
In other NuScale Power news, CEO John Lawrence Hopkins sold 664,568 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total value of $11,988,806.72. Following the completion of the sale, the chief executive officer now directly owns 34,675 shares of the company's stock, valued at $625,537. The trade was a 95.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Jacqueline F. Engel sold 24,618 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $14.52, for a total value of $357,453.36. Following the transaction, the vice president now owns 1,149 shares in the company, valued at approximately $16,683.48. This trade represents a 95.54 % decrease in their position. The disclosure for this sale can be found here. 1.96% of the stock is owned by company insiders.
Institutional Trading of NuScale Power
A number of hedge funds have recently bought and sold shares of the stock. Samsung C&T Corp bought a new position in shares of NuScale Power during the fourth quarter valued at $46,745,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of NuScale Power in the 4th quarter valued at $22,823,000. Vanguard Group Inc. boosted its holdings in NuScale Power by 8.2% during the fourth quarter. Vanguard Group Inc. now owns 8,427,917 shares of the company's stock worth $151,113,000 after buying an additional 635,271 shares during the last quarter. Van ECK Associates Corp grew its holdings in NuScale Power by 41.4% during the fourth quarter. Van ECK Associates Corp now owns 1,746,625 shares of the company's stock valued at $31,317,000 after purchasing an additional 511,168 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of NuScale Power by 212.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 677,248 shares of the company's stock valued at $7,843,000 after buying an additional 460,487 shares in the last quarter. 78.37% of the stock is owned by institutional investors.
About NuScale Power
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NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.
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