USA Rare Earth (NASDAQ:USAR) Trading Up 11% - What's Next?

Key Points

• USA Rare Earth shares rose 11% to $19.33, with 18.8 million shares traded—12% above average volume. The stock has a $4.31 billion market capitalization and a beta of 2.55.
• Analyst sentiment remains broadly positive: nine analysts rate the stock Buy and one rates it Sell, producing a “Moderate Buy” consensus and an average price target of $35.83. Recent targets range from $30 to $40.
• The company reported a quarterly loss of $0.12 per share, beating the expected $0.16 loss, on $5.7 million in revenue. A director subsequently sold 13,000 shares at an average price of $22.77, while major institutional investors including BlackRock and Vanguard accumulated stakes.

USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) traded up 11% during trading on Friday . The stock traded as high as $19.62 and last traded at $19.33. 18,831,587 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 16,841,369 shares. The stock had previously closed at $17.41.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on USAR. Wall Street Zen upgraded shares of USA Rare Earth from a "strong sell" rating to a "sell" rating in a research note on Saturday, May 16th. Cantor Fitzgerald restated an "overweight" rating and issued a $40.00 target price on shares of USA Rare Earth in a research note on Thursday, June 4th. Wedbush increased their price target on USA Rare Earth from $29.00 to $35.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 12th. Roth Capital dropped their price target on USA Rare Earth from $40.00 to $30.00 and set a "buy" rating on the stock in a research report on Tuesday, July 21st. Finally, Benchmark reissued a "buy" rating on shares of USA Rare Earth in a report on Wednesday, June 3rd. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $35.83.

USA Rare Earth Stock Up 11.0%

The firm's 50-day moving average price is $19.89 and its 200 day moving average price is $20.51. The firm has a market cap of $4.31 billion, a P/E ratio of -4.93 and a beta of 2.55.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.04. The firm had revenue of $5.70 million during the quarter. On average, equities analysts predict that USA Rare Earth Inc. will post -0.35 earnings per share for the current year.

Insider Activity at USA Rare Earth

In other news, Director Carolyn Trabuco sold 13,000 shares of USA Rare Earth stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $22.77, for a total transaction of $296,010.00. Following the sale, the director owned 18,783 shares of the company's stock, valued at approximately $427,688.91. The trade was a 40.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 9.10% of the company's stock.

Institutional Trading of USA Rare Earth

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in USA Rare Earth during the 2nd quarter worth $335,795,000. Bayshore Capital Advisors LLC acquired a new position in shares of USA Rare Earth during the fourth quarter valued at $102,378,000. Vanguard Group Inc. increased its holdings in shares of USA Rare Earth by 533.3% during the fourth quarter. Vanguard Group Inc. now owns 6,036,486 shares of the company's stock valued at $71,834,000 after purchasing an additional 5,083,288 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of USA Rare Earth by 44.0% during the third quarter. Alyeska Investment Group L.P. now owns 12,799,325 shares of the company's stock valued at $219,034,000 after purchasing an additional 3,909,455 shares in the last quarter. Finally, Inflection Point Holdings II LLC bought a new stake in shares of USA Rare Earth during the fourth quarter valued at about $37,188,000.

USA Rare Earth Company Profile

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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