Standard Nuclear (NYSE:STDN – Get Free Report) issued its earnings results on Wednesday. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08), Zacks reports. The business had revenue of $4.74 million during the quarter, compared to analyst estimates of $2.97 million.
Standard Nuclear Stock Up 3.4%
Standard Nuclear stock opened at $14.16 on Friday. Standard Nuclear has a 52-week low of $7.05 and a 52-week high of $14.90.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Zacks Research raised shares of Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Bank of America assumed coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $15.00 price objective for the company. Evercore began coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an “outperform” rating and a $17.00 price objective on the stock. Royal Bank Of Canada assumed coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued an “outperform” rating and a $11.00 target price for the company. Finally, Stifel Nicolaus started coverage on Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $16.00 price target on the stock. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $15.43.
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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