USA Rare Earth Inc. (NASDAQ:USAR) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Moderate Buy consensus: seven analysts cover USA Rare Earth (six buys, one sell), with an average 12‑month price target of $26.33.
• Fundamentals and stock note: the company reported Q3 EPS of ($0.25), missing estimates of ($0.06) by $0.19, and the stock trades around $17.12 with a $2.27B market cap and a 12‑month range of $5.56–$43.98.

Shares of USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) have received an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $26.3333.

USAR has been the topic of a number of recent research reports. William Blair started coverage on shares of USA Rare Earth in a research report on Monday, October 20th. They set an "outperform" rating on the stock. Benchmark reissued a "buy" rating on shares of USA Rare Earth in a research note on Monday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of USA Rare Earth in a research report on Monday, December 1st. Canaccord Genuity Group increased their price target on USA Rare Earth from $22.00 to $23.00 and gave the company a "buy" rating in a report on Friday, November 7th. Finally, UBS Group reissued a "buy" rating on shares of USA Rare Earth in a research report on Monday.

USA Rare Earth Trading Down 0.6%

USAR stock opened at $17.12 on Tuesday. The company has a market cap of $2.27 billion, a PE ratio of -32.92 and a beta of 0.92. The stock has a 50-day moving average price of $20.30 and a two-hundred day moving average price of $15.79. USA Rare Earth has a 12-month low of $5.56 and a 12-month high of $43.98.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.19).

Hedge Funds Weigh In On USA Rare Earth

A number of institutional investors and hedge funds have recently bought and sold shares of USAR. Advisory Services Network LLC lifted its position in shares of USA Rare Earth by 2.0% during the third quarter. Advisory Services Network LLC now owns 52,366 shares of the company's stock worth $900,000 after purchasing an additional 1,032 shares in the last quarter. National Bank of Canada FI grew its holdings in USA Rare Earth by 110.0% during the 3rd quarter. National Bank of Canada FI now owns 2,100 shares of the company's stock valued at $36,000 after purchasing an additional 1,100 shares in the last quarter. NewEdge Advisors LLC increased its stake in USA Rare Earth by 158.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,324 shares of the company's stock worth $25,000 after buying an additional 1,424 shares during the period. SBI Securities Co. Ltd. lifted its holdings in USA Rare Earth by 73.9% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,586 shares of the company's stock worth $79,000 after buying an additional 1,949 shares in the last quarter. Finally, Osaic Holdings Inc. acquired a new position in USA Rare Earth in the 2nd quarter worth $38,000.

About USA Rare Earth

USA Rare Earth, Inc is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.

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