Standard Nuclear (NYSE:STDN) Reaches New 12-Month High – What’s Next?

Standard Nuclear, Inc. (NYSE:STDN)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $16.22 and last traded at $16.07, with a volume of 1851359 shares traded. The stock had previously closed at $14.10.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Evercore initiated coverage on Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating and a $17.00 price objective for the company. Wall Street Zen lowered Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Barclays started coverage on Standard Nuclear in a research report on Monday, August 10th. They issued an “overweight” rating and a $17.00 price target for the company. Royal Bank Of Canada raised their price objective on Standard Nuclear from $11.00 to $13.00 and gave the stock an “outperform” rating in a research note on Friday, August 28th. Finally, The Goldman Sachs Group began coverage on Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $18.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $16.71.

Standard Nuclear Price Performance

Standard Nuclear (NYSE:STDN) last posted its quarterly earnings results on Wednesday, August 26th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The company had revenue of $4.74 million during the quarter, compared to the consensus estimate of $2.97 million. As a group, equities analysts predict that Standard Nuclear, Inc. will post -0.43 EPS for the current year.

About Standard Nuclear

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.