Standard Nuclear (NYSE:STDN) Stock Price Up 4.4% – Still a Buy?

Standard Nuclear, Inc. (NYSE:STDN) traded up 4.4% during mid-day trading on Tuesday . The company traded as high as $12.95 and last traded at $12.83. Approximately 81,174 shares traded hands during trading, a decline of 92% from the average session volume of 962,020 shares. The stock had previously closed at $12.29.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on STDN shares. Evercore started coverage on shares of Standard Nuclear in a report on Monday, August 10th. They issued an “outperform” rating and a $17.00 price objective for the company. Barclays began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set an “overweight” rating and a $17.00 target price on the stock. Wall Street Zen lowered Standard Nuclear from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Zacks Research raised Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Finally, UBS Group increased their price target on Standard Nuclear from $14.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.71.

Standard Nuclear Stock Performance

The business’s fifty day simple moving average is $11.43.

Standard Nuclear (NYSE:STDN) last released its quarterly earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The company had revenue of $1.64 million for the quarter, compared to analysts’ expectations of $2.97 million. Analysts predict that Standard Nuclear, Inc. will post -0.43 EPS for the current fiscal year.

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.