Standard Nuclear (NYSE:STDN) Stock Falls 4.9% - Here's Why

Key Points

• Standard Nuclear shares fell 4.9% to about $12.73, with trading volume down 91% from its average daily level.
• The company reported a quarterly loss of $0.12 per share, missing the $0.04 consensus estimate, while revenue of $1.64 million fell short of expectations of $2.97 million.
• Analyst sentiment remains mostly positive, with nine Buy ratings and a consensus “Moderate Buy” rating; the average price target is $16.88, despite one analyst downgrading the stock to Sell.

Shares of Standard Nuclear, Inc. (NYSE:STDN - Get Free Report) were down 4.9% during mid-day trading on Tuesday. The company traded as low as $12.70 and last traded at $12.73. Approximately 71,555 shares traded hands during trading, a decline of 91% from the average daily volume of 810,341 shares. The stock had previously closed at $13.38.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wall Street Zen lowered Standard Nuclear from a "hold" rating to a "sell" rating in a report on Saturday, August 15th. Zacks Research raised shares of Standard Nuclear to a "hold" rating in a report on Thursday, August 20th. Royal Bank Of Canada upped their price objective on shares of Standard Nuclear from $11.00 to $13.00 and gave the stock an "outperform" rating in a report on Friday, August 28th. Barclays started coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued an "overweight" rating and a $17.00 target price for the company. Finally, Evercore began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set an "outperform" rating and a $17.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $16.88.

Standard Nuclear Trading Down 8.1%

The stock has a market capitalization of $1.92 billion and a PE ratio of -30.72. The business has a fifty day moving average of $12.71.

Standard Nuclear (NYSE:STDN - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates 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. As a group, equities research analysts anticipate 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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