Ratings for REX American Resources (NYSE:REX) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 0 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for REX American Resources, presenting an average target of $64.5, a high estimate of $70.00, and a low estimate of $58.00. This upward trend is evident, with the current average reflecting a 2.79% increase from the previous average price target of $62.75.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive REX American Resources. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jordan Levy | Truist Securities | Maintains | Buy | $65.00 | $65.00 |
| Jordan Levy | Truist Securities | Lowers | Buy | $65.00 | $70.00 |
| Jordan Levy | Truist Securities | Raises | Buy | $70.00 | $58.00 |
| Jordan Levy | Truist Securities | Maintains | Buy | $58.00 | $58.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to REX American Resources. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of REX American Resources compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for REX American Resources's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of REX American Resources's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
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Unveiling the Story Behind REX American Resources
REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.
REX American Resources's Economic Impact: An Analysis
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining REX American Resources's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -24.2% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: REX American Resources's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.32%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): REX American Resources's ROE excels beyond industry benchmarks, reaching 1.96%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): REX American Resources's ROA excels beyond industry benchmarks, reaching 1.53%. This signifies efficient management of assets and strong financial health.
Debt Management: REX American Resources's debt-to-equity ratio is below the industry average at 0.02, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.