Standard Nuclear (NYSE:STDN) Shares Down 7.1% - Here's Why

Key Points

• Standard Nuclear shares fell 7.1% to about $14.11, with trading volume down 78% from the stock’s average daily volume.
• The company missed quarterly expectations, reporting a loss of $0.12 per share versus the projected $0.04 loss and revenue of $1.64 million versus the expected $2.97 million.
• Despite mixed analyst actions—including a recent sell downgrade—Wall Street maintains a “Moderate Buy” consensus, with an average price target of $16.88 compared with the current share price.

Standard Nuclear, Inc. (NYSE:STDN - Get Free Report)'s stock price was down 7.1% during trading on Wednesday. The stock traded as low as $14.07 and last traded at $14.11. 183,913 shares traded hands during trading, a decline of 78% from the average daily volume of 845,901 shares. The stock had previously closed at $15.19.

Wall Street Analysts Forecast Growth

STDN has been the topic of several recent analyst reports. Zacks Research upgraded shares of Standard Nuclear to a "hold" rating in a research note on Thursday, August 20th. Barclays began coverage on shares of Standard Nuclear in a report on Monday, August 10th. They issued an "overweight" rating and a $17.00 price target on the stock. Wall Street Zen downgraded Standard Nuclear from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Needham & Company LLC began coverage on Standard Nuclear in a research note on Tuesday. They set a "buy" rating and a $18.00 price objective for the company. Finally, Stifel Nicolaus set a $17.00 target price on Standard Nuclear in a research report on Friday, August 28th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Standard Nuclear has an average rating of "Moderate Buy" and an average target price of $16.88.

Standard Nuclear Stock Performance

The business's 50 day simple moving average is $12.22. The stock has a market capitalization of $2.21 billion and a price-to-earnings ratio of -117.83.

Standard Nuclear (NYSE:STDN - Get Free Report) last issued its quarterly 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 analysts' expectations of $2.97 million. On average, analysts predict that Standard Nuclear, Inc. will post -0.43 EPS for the current fiscal year.

Standard Nuclear Company Profile

Standard Nuclear, Inc NYSE: STDN is a U.S.-based nuclear fuel company focused on the development and production of advanced fuels for next-generation reactors. Its activities center on specialized fuel technologies intended to support the deployment of advanced nuclear power systems.

The company's principal focus includes TRISO fuel, a form of coated particle fuel designed for high-temperature gas-cooled reactors and certain microreactor applications. Standard Nuclear is working to establish commercial-scale fuel manufacturing capabilities and support the broader advanced nuclear supply chain.

Standard Nuclear's operations are primarily oriented toward the U.S.

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