REX American Resources (NYSE:REX – Get Free Report) announced its quarterly earnings data on Tuesday. The energy company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.66, RTT News reports. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. During the same quarter in the prior year, the firm earned $1.49 EPS.
REX American Resources Stock Down 0.7 %
NYSE REX opened at $41.65 on Thursday. REX American Resources has a 12-month low of $39.39 and a 12-month high of $60.78. The company has a market capitalization of $731.67 million, a PE ratio of 10.60 and a beta of 0.90. The firm’s 50 day moving average is $45.42 and its 200-day moving average is $46.16.
Analysts Set New Price Targets
Separately, Truist Financial reduced their price objective on shares of REX American Resources from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, August 27th.
About REX American Resources
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.
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