Standard Nuclear (NYSE:STDN) Downgraded by Wall Street Zen to Strong Sell

Key Points

• Wall Street Zen downgraded Standard Nuclear from “sell” to “strong sell,” despite the broader analyst consensus remaining “Moderate Buy” with an average price target of $16.88.
• Analyst opinions are mixed: Goldman Sachs and Needham issued “buy” ratings with $18 targets, while Zacks upgraded the stock to “hold” and Weiss Ratings assigned a “sell” rating.
• Standard Nuclear reported a quarterly loss of $0.12 per share, missing the $0.04-loss estimate, while revenue of $1.64 million fell short of the $2.97 million consensus forecast.

Standard Nuclear (NYSE:STDN - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "sell" rating to a "strong sell" rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other analysts also recently weighed in on STDN. Zacks Research upgraded Standard Nuclear to a "hold" rating in a research note on Thursday, August 20th. The Goldman Sachs Group assumed coverage on Standard Nuclear in a research report on Monday, August 10th. They issued a "buy" rating and a $18.00 price objective for the company. Weiss Ratings assumed coverage on Standard Nuclear in a report on Monday, October 12th. They issued a "sell (d)" rating for the company. Needham & Company LLC initiated coverage on Standard Nuclear in a report on Tuesday, October 6th. They issued a "buy" rating and a $18.00 target price for the company. Finally, CLSA upgraded shares of Standard Nuclear to a "neutral" rating in a research report on Tuesday, October 6th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $16.88.

Standard Nuclear Stock Performance

Shares of STDN opened at $12.24 on Friday. Standard Nuclear has a twelve month low of $7.05 and a twelve month high of $17.34. The firm has a 50 day simple moving average of $13.04.

Standard Nuclear (NYSE:STDN - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The business had revenue of $1.64 million during the quarter, compared to the consensus estimate of $2.97 million. Analysts expect that Standard Nuclear will post -0.24 EPS for the current year.

Standard Nuclear Company Profile

Standard Nuclear Inc operates as a nuclear fuel company principally in the United States. It engages in design, engineer and manufacturing of advanced nuclear fuels with a primary focus on TRISO fuel that is utilized by advanced reactors. Standard Nuclear Inc is based in Oak Ridge, Tennessee.

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