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

Key Points

• USA Rare Earth has a consensus rating of “Moderate Buy” from nine analysts, with eight buy ratings and one sell rating. The average 1-year price target is $34.20.
• Recent analyst actions were mixed but generally positive, including Northland Securities initiating coverage with an outperform rating and $45 target, while Canaccord Genuity raised its target to $32 and kept a buy rating.
• The company reported a quarterly loss of $0.19 per share on $1.64 million in revenue, missing estimates. USA Rare Earth is a development-stage critical minerals company focused on advancing its Round Top rare earth and lithium project in West Texas.

Shares of USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $34.20.

Several research analysts recently weighed in on the stock. Northland Securities assumed coverage on shares of USA Rare Earth in a report on Thursday, April 23rd. They issued an "outperform" rating and a $45.00 target price for the company. Canaccord Genuity Group upped their target price on shares of USA Rare Earth from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, April 21st. Roth Mkm set a $30.00 target price on shares of USA Rare Earth in a report on Monday, April 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of USA Rare Earth in a report on Friday, March 27th. Finally, Benchmark initiated coverage on shares of USA Rare Earth in a report on Wednesday, January 21st. They issued a "buy" rating for the company.

USA Rare Earth Stock Performance

Shares of USA Rare Earth stock opened at $26.38 on Friday. The company has a market capitalization of $5.75 billion, a P/E ratio of -8.79 and a beta of 2.38. The company has a fifty day moving average of $19.33 and a 200 day moving average of $18.37. USA Rare Earth has a fifty-two week low of $8.00 and a fifty-two week high of $43.98.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last issued its earnings results on Monday, March 30th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.07). The company had revenue of $1.64 million for the quarter. Analysts forecast that USA Rare Earth will post -0.76 EPS for the current year.

Institutional Trading of USA Rare Earth

Hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC lifted its stake in USA Rare Earth by 217.5% in the 4th quarter. Larson Financial Group LLC now owns 2,092 shares of the company's stock worth $25,000 after purchasing an additional 1,433 shares in the last quarter. NewEdge Advisors LLC lifted its stake in USA Rare Earth by 158.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,324 shares of the company's stock worth $25,000 after purchasing an additional 1,424 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in USA Rare Earth in the 1st quarter worth $27,000. Center for Financial Planning Inc. purchased a new stake in USA Rare Earth in the 4th quarter worth $28,000. Finally, Havemeyer Place LP purchased a new stake in USA Rare Earth in the 4th quarter worth $33,000.

About USA Rare Earth

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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