Rex American Resources Corp (NYSE: REX) has reported earnings for its second fiscal quarter (ending July 31) of $0.71 versus $0.52 for the same period a year ago. E.P.S. were $3.95 for the latest four quarters through July 31 versus $1.47 for the same period a year ago.
Recent Price Action
On 8/27/24, Rex American Resources Corp (NYSE: REX) stock suffered a large decline of -5.6%, closing at $44.85. Moreover, this decline was accompanied by above average trading volume at 130% of normal. The stock has declined -3.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
REX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Rex American Resources has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Rex American Resources has a neutral Appreciation Score of 56 and a neutral Power Rating of 45, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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