Standard Nuclear (NYSE:STDN) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Standard Nuclear (NYSE:STDN) posted its quarterly earnings data 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 firm had revenue of $4.74 million during the quarter, compared to analyst estimates of $2.97 million.

Standard Nuclear Stock Performance

Shares of NYSE STDN opened at $14.16 on Friday. Standard Nuclear has a 12-month low of $7.05 and a 12-month high of $14.90.

Analyst Ratings Changes

Several research analysts have commented on STDN shares. Wall Street Zen lowered shares of Standard Nuclear from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Stifel Nicolaus initiated coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $16.00 price target on the stock. William Blair started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating for the company. Barclays began coverage on Standard Nuclear in a report on Monday, August 10th. They set an “overweight” rating and a $17.00 price objective for the company. Finally, The Goldman Sachs Group began coverage on Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $18.00 target price for the company. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.