Ralliant (NYSE:RAL) Earns Outperform Rating from Analysts 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.

Analysts at Oppenheimer began coverage on shares of Ralliant (NYSE:RAL - Get Free Report) in a note issued to investors on Wednesday, MarketBeat.com reports. The firm set an "outperform" rating and a $55.00 price target on the stock. Oppenheimer's target price points to a potential upside of 31.58% from the stock's previous close.

Several other research analysts also recently issued reports on RAL. Citigroup started coverage on Ralliant in a research report on Monday, July 21st. They set a "neutral" rating and a $53.00 price objective for the company. Barclays cut their price objective on Ralliant from $60.00 to $59.00 and set an "overweight" rating for the company in a research report on Wednesday, August 13th. TD Cowen assumed coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a "buy" rating and a $64.00 target price for the company. Wall Street Zen raised shares of Ralliant to a "hold" rating in a research note on Sunday, July 13th. Finally, Royal Bank Of Canada raised shares of Ralliant to a "hold" rating in a research note on Tuesday, August 19th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $55.13.

Ralliant Trading Up 1.2%

Ralliant stock traded up $0.48 during mid-day trading on Wednesday, reaching $41.80. The company had a trading volume of 248,997 shares, compared to its average volume of 2,152,573. Ralliant has a 1 year low of $40.97 and a 1 year high of $55.08. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The business's 50-day simple moving average is $44.28.

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

Institutional Investors Weigh In On Ralliant

A number of institutional investors have recently modified their holdings of the business. Dodge & Cox bought a new stake in shares of Ralliant during the 2nd quarter valued at about $523,571,000. Viking Global Investors LP bought a new stake in shares of Ralliant during the 2nd quarter valued at about $257,200,000. State Street Corp bought a new stake in shares of Ralliant during the 2nd quarter valued at about $213,096,000. Flossbach Von Storch SE bought a new stake in shares of Ralliant during the 2nd quarter valued at about $198,077,000. Finally, Norges Bank bought a new stake in shares of Ralliant during the 2nd quarter valued at about $108,453,000.

Ralliant Company Profile

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.