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

Standard Nuclear (NYSE:STDN) posted its earnings results on Wednesday. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.08), Zacks reports. The company had revenue of $4.74 million for the quarter, compared to analyst estimates of $2.97 million.

Standard Nuclear Price Performance

NYSE:STDN opened at $14.16 on Friday. Standard Nuclear has a fifty-two week low of $7.05 and a fifty-two week high of $14.90.

Analyst Ratings Changes

Several equities analysts have recently issued reports on STDN shares. Bank of America initiated coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $15.00 price target for the company. Evercore initiated coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating and a $17.00 price objective on the stock. Barclays initiated coverage on Standard Nuclear in a report on Monday, August 10th. They issued an “overweight” 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 research report on Saturday, August 15th. Finally, UBS Group initiated coverage on Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $14.00 target price on the stock. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.