USA Rare Earth (NASDAQ:USAR) Trading 3.4% Higher - What's Next?

Key Points

• USA Rare Earth shares rose 3.4% to $17.85 on Wednesday, with trading volume at roughly half its average daily level. The company has a $3.98 billion market capitalization and high volatility, reflected in a beta of 2.58.
• Analyst sentiment remains broadly positive, with 10 Buy ratings and one Sell rating, an overall “Moderate Buy” consensus, and an average price target of $33.71. However, Roth Capital cut its target to $30, while Wedbush raised its target to $35.
• The development-stage rare-earth company reported a quarterly loss of $0.15 per share, missing estimates by $0.08, on $5.82 million in revenue. Its Round Top project in Texas is focused on developing domestic rare-earth and lithium production, while an insider recently sold 13,000 shares.

USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) rose 3.4% during trading on Wednesday . The stock traded as high as $17.90 and last traded at $17.85. 7,990,337 shares were traded during trading, a decline of 51% from the average daily volume of 16,419,045 shares. The stock had previously closed at $17.26.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Benchmark reaffirmed a "buy" rating on shares of USA Rare Earth in a research report on Wednesday, June 3rd. Cantor Fitzgerald reissued an "overweight" rating on shares of USA Rare Earth in a report on Tuesday, August 11th. Weiss Ratings lowered shares of USA Rare Earth from a "sell (d)" rating to a "sell (d-)" rating in a research report on Tuesday, August 11th. Roth Capital dropped their target price on USA Rare Earth from $40.00 to $30.00 and set a "buy" rating on the stock in a research report on Tuesday, July 21st. Finally, Wedbush raised their price target on USA Rare Earth from $29.00 to $35.00 and gave the stock an "outperform" rating in a report on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, USA Rare Earth presently has an average rating of "Moderate Buy" and an average target price of $33.71.

USA Rare Earth Stock Up 3.4%

The firm's 50-day simple moving average is $17.83 and its 200-day simple moving average is $20.01. The firm has a market capitalization of $3.98 billion, a P/E ratio of -7.35 and a beta of 2.58.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.08). The business had revenue of $5.82 million during the quarter. As a group, analysts expect that USA Rare Earth Inc. will post -0.62 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Carolyn Trabuco sold 13,000 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $22.77, for a total transaction of $296,010.00. Following the completion of the sale, the director directly owned 18,783 shares in the company, valued at $427,688.91. This represents a 40.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.10% of the stock is owned by corporate insiders.

Institutional Trading of USA Rare Earth

Institutional investors have recently modified their holdings of the company. Carlson Financial Inc. lifted its holdings in USA Rare Earth by 5.7% in the 2nd quarter. Carlson Financial Inc. now owns 11,780 shares of the company's stock worth $254,000 after buying an additional 635 shares during the period. Sterling Capital Management LLC lifted its stake in shares of USA Rare Earth by 29.1% in the 1st quarter. Sterling Capital Management LLC now owns 3,676 shares of the company's stock valued at $56,000 after purchasing an additional 829 shares during the period. Pier 88 Investment Partners LLC boosted its position in shares of USA Rare Earth by 2.5% during the fourth quarter. Pier 88 Investment Partners LLC now owns 34,700 shares of the company's stock valued at $413,000 after purchasing an additional 840 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in USA Rare Earth by 20.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 5,522 shares of the company's stock worth $66,000 after purchasing an additional 936 shares during the period. Finally, First PREMIER Bank grew its stake in USA Rare Earth by 100.0% in the second quarter. First PREMIER Bank now owns 2,000 shares of the company's stock worth $43,000 after purchasing an additional 1,000 shares during the period.

USA Rare Earth Company Profile

USA Rare Earth NASDAQ: USAR is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

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