USA Rare Earth (NASDAQ:USAR) Stock Price Up 4.3% - Time to Buy?

Key Points

• Stock up 4.3% — USA Rare Earth rose 4.3% to $28.60 (intraday high $28.69) on Wednesday with roughly 17.23 million shares traded, about 9% below its average volume.
• Analyst sentiment mostly positive — the stock has a consensus "Moderate Buy" with an average target of $34.20, eight Buy ratings versus one Sell, and price targets as high as $45.00.
• Fundamentals and outlook — the company missed quarterly EPS (‑$0.19 vs. ‑$0.12 estimate) on $1.64M revenue; it is a development‑stage rare‑earth and lithium play centered on the Round Top deposit, with a $6.23B market cap and a negative P/E.

USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report)'s stock price rose 4.3% during trading on Wednesday . The stock traded as high as $28.69 and last traded at $28.60. Approximately 17,231,127 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 18,886,605 shares. The stock had previously closed at $27.42.

Analyst Upgrades and Downgrades

USAR has been the topic of several research reports. Roth Mkm set a $30.00 price objective on shares of USA Rare Earth in a report on Monday, April 20th. Northland Securities assumed coverage on shares of USA Rare Earth in a research note on Thursday, April 23rd. They issued an "outperform" rating and a $45.00 price target on the stock. Cantor Fitzgerald upped their price target on shares of USA Rare Earth from $28.00 to $35.00 and gave the company an "overweight" rating in a research note on Friday, January 30th. Benchmark assumed coverage on shares of USA Rare Earth in a research note on Wednesday, January 21st. They issued a "buy" rating on the stock. Finally, Wedbush assumed coverage on shares of USA Rare Earth in a research note on Monday, April 20th. They issued an "outperform" rating and a $29.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, USA Rare Earth has a consensus rating of "Moderate Buy" and an average target price of $34.20.

USA Rare Earth Stock Up 4.3%

The company's 50 day moving average is $19.01 and its 200 day moving average is $18.38. The firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of -9.53 and a beta of 2.38.

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

Institutional Investors Weigh In On USA Rare Earth

A number of large investors have recently bought and sold shares of USAR. NewEdge Advisors LLC grew its stake in USA Rare Earth by 158.2% during the second quarter. NewEdge Advisors LLC now owns 2,324 shares of the company's stock worth $25,000 after buying an additional 1,424 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in USA Rare Earth during the second quarter worth about $223,000. Lighthouse Investment Partners LLC acquired a new stake in USA Rare Earth during the second quarter worth about $329,000. Bank of America Corp DE grew its stake in USA Rare Earth by 465.7% during the second quarter. Bank of America Corp DE now owns 242,726 shares of the company's stock worth $2,659,000 after buying an additional 199,819 shares in the last quarter. Finally, LMR Partners LLP acquired a new stake in USA Rare Earth during the second quarter worth about $145,000.

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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