Ralliant (NYSE:RAL) Coverage Initiated at Oppenheimer

Key Points

• Oppenheimer has initiated coverage of Ralliant (NYSE:RAL) with an "outperform" rating and a price target of $55.00, indicating a potential upside of 29.84% from the last trading close.
• Ralliant reported earnings of $0.67 per share in its latest quarterly results, surpassing analysts' expectations of $0.60, but the revenue fell short of estimates with $503.30 million reported against a prediction of $509.90 million.
• Currently, Ralliant's stock has a consensus rating of "Hold" from analysts, with four giving a Buy rating and an average price target slightly above the current target at $55.13.

Investment analysts at Oppenheimer initiated coverage on shares of Ralliant (NYSE:RAL - Get Free Report) in a research note issued on Wednesday, MarketBeat.com reports. The brokerage set an "outperform" rating and a $55.00 price target on the stock. Oppenheimer's price target would suggest a potential upside of 33.01% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. Wall Street Zen raised shares of Ralliant to a "hold" rating in a report on Sunday, July 13th. Melius initiated coverage on shares of Ralliant in a report on Tuesday, July 22nd. They issued a "hold" rating and a $56.00 target price for the company. Barclays reduced their target price on shares of Ralliant from $60.00 to $59.00 and set an "overweight" rating for the company in a report on Wednesday, August 13th. Citigroup assumed coverage on shares of Ralliant in a report on Monday, July 21st. They issued a "neutral" rating and a $53.00 target price for the company. Finally, Evercore ISI assumed coverage on Ralliant in a research note on Friday, July 18th. They issued an "in-line" rating and a $52.00 price target for the company. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Ralliant currently has an average rating of "Hold" and a consensus target price of $55.13.

Ralliant Price Performance

Shares of NYSE RAL traded down $1.57 during midday trading on Wednesday, hitting $41.35. 991,901 shares of the company's stock traded hands, compared to its average volume of 1,165,028. Ralliant has a 1 year low of $40.97 and a 1 year high of $55.08. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $44.28.

Ralliant (NYSE:RAL - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.60 by $0.07. The business had revenue of $503.30 million for the quarter, compared to analysts' expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of RAL. ST Germain D J Co. Inc. bought a new position in shares of Ralliant during the 2nd quarter valued at approximately $27,000. Manchester Capital Management LLC bought a new position in shares of Ralliant during the 2nd quarter valued at approximately $29,000. Evermay Wealth Management LLC bought a new position in shares of Ralliant during the 2nd quarter valued at approximately $32,000. SouthState Corp bought a new position in shares of Ralliant during the 2nd quarter valued at approximately $35,000. Finally, Nomura Asset Management Co. Ltd. bought a new position in shares of Ralliant during the 2nd quarter valued at approximately $38,000.

About Ralliant

Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.