Eagle Nuclear Energy (NASDAQ:NUCL) Upgraded to “Hold” at Zacks Research

Eagle Nuclear Energy (NASDAQ:NUCL) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

Several other research firms have also recently issued reports on NUCL. Wall Street Zen cut Eagle Nuclear Energy from a “hold” rating to a “sell” rating in a research report on Saturday. HC Wainwright began coverage on Eagle Nuclear Energy in a report on Wednesday. They issued a “buy” rating and a $11.50 price target on the stock. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $11.50.

Eagle Nuclear Energy Price Performance

Shares of NUCL stock opened at $6.76 on Thursday. Eagle Nuclear Energy has a 52-week low of $4.55 and a 52-week high of $14.22. The stock has a market cap of $199.96 million, a price-to-earnings ratio of -7.12 and a beta of 0.36. The business has a fifty day simple moving average of $7.01.

Eagle Nuclear Energy (NASDAQ:NUCL) last posted its quarterly earnings results on Monday, July 20th. The nuclear energy company reported ($0.87) EPS for the quarter. Equities analysts anticipate that Eagle Nuclear Energy will post -1.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Eagle Nuclear Energy

Several large investors have recently made changes to their positions in the company. Lineage Point Capital LP bought a new stake in shares of Eagle Nuclear Energy in the second quarter worth about $5,752,000. Alyeska Investment Group L.P. bought a new position in Eagle Nuclear Energy during the second quarter valued at approximately $3,585,000. Readystate Asset Management LP bought a new position in Eagle Nuclear Energy during the second quarter valued at approximately $796,000. Greenland Capital Management LP purchased a new position in Eagle Nuclear Energy during the 2nd quarter valued at approximately $972,000. Finally, BlackRock Inc. purchased a new position in Eagle Nuclear Energy during the 2nd quarter valued at approximately $2,153,000. 89.78% of the stock is owned by institutional investors.

About Eagle Nuclear Energy

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.