Standard Nuclear (NYSE:STDN) Announces Earnings Results

Standard Nuclear (NYSE:STDN) issued its earnings results on Wednesday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.08), Zacks reports. The business had revenue of $4.74 million during the quarter, compared to analysts’ expectations of $2.97 million.

Standard Nuclear Stock Performance

Shares of NYSE STDN opened at $14.16 on Friday. Standard Nuclear has a 52 week low of $7.05 and a 52 week high of $14.90.

Analysts Set New Price Targets

STDN has been the subject of several research reports. William Blair began coverage on Standard Nuclear in a research note on Monday, August 10th. They set an “outperform” rating for the company. UBS Group began coverage on Standard Nuclear in a research note on Monday, August 10th. They issued a “buy” rating and a $14.00 price objective on the stock. Wall Street Zen downgraded shares of Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. The Goldman Sachs Group initiated coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $18.00 target price for the company. Finally, Zacks Research upgraded shares of Standard Nuclear to a “hold” rating in a research note on Thursday, August 20th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Standard Nuclear currently has a consensus rating of “Moderate Buy” and an average price target of $15.43.

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.