Ralliant (NYSE:RAL) Sets New 1-Year Low - Here's What Happened

Key Points

• Ralliant Corporation's share price fell to a new 52-week low of $40.89, with a trading volume of 54,845 shares, down from a previous close of $41.32.
• Despite the low stock price, analysts have issued ratings with an average target price of $55.13, indicating potential upside, including four "Buy" ratings.
• The company reported earnings of $0.67 per share for its latest quarter, exceeding expectations, and announced a $0.05 dividend to be paid on September 23rd.

Ralliant Corporation (NYSE:RAL - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $40.89 and last traded at $40.97, with a volume of 54845 shares traded. The stock had previously closed at $41.32.

Analyst Upgrades and Downgrades

Several analysts have recently commented on RAL shares. Morgan Stanley started coverage on shares of Ralliant in a report on Tuesday, September 2nd. They issued an "overweight" rating and a $55.00 price objective on the stock. Evercore ISI began coverage on shares of Ralliant in a research report on Friday, July 18th. They set an "in-line" rating and a $52.00 price objective for the company. Oppenheimer started coverage on shares of Ralliant in a research note on Wednesday, September 10th. They issued an "outperform" rating and a $55.00 price objective on the stock. Barclays decreased their price objective on shares of Ralliant from $60.00 to $59.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 13th. Finally, Seaport Res Ptn raised shares of Ralliant to a "hold" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Ralliant presently has an average rating of "Hold" and an average price target of $55.13.

Ralliant Trading Down 0.8%

The stock's 50-day moving average is $44.21. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38.

Ralliant (NYSE:RAL - Get Free Report) last released its quarterly earnings data 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 business had revenue of $503.30 million during the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The firm also recently announced a -- dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, September 8th.

Institutional Trading of Ralliant

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

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.

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