USA Rare Earth (NASDAQ:USAR - Get Free Report)'s stock had its "sell (d-)" rating restated by equities research analysts at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.
Several other research firms have also recently commented on USAR. Wall Street Zen cut USA Rare Earth from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th. Cantor Fitzgerald initiated coverage on USA Rare Earth in a research report on Friday, August 1st. They set an "overweight" rating and a $16.00 price target on the stock. William Blair initiated coverage on USA Rare Earth in a research report on Monday. They set an "outperform" rating on the stock. Canaccord Genuity Group lifted their price target on USA Rare Earth from $21.00 to $22.00 and gave the company a "buy" rating in a research report on Tuesday, September 30th. Finally, Roth Capital set a $40.00 price target on USA Rare Earth in a research report on Friday, October 10th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.00.
Check Out Our Latest Stock Analysis on USAR
USA Rare Earth Price Performance
USAR traded down $0.48 during trading hours on Friday, hitting $23.57. The company's stock had a trading volume of 11,755,343 shares, compared to its average volume of 24,077,178. USA Rare Earth has a fifty-two week low of $5.56 and a fifty-two week high of $43.98. The business's 50-day moving average is $20.02.
USA Rare Earth (NASDAQ:USAR - Get Free Report) last posted its earnings results on Monday, August 11th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.05.
Insider Activity
In related news, Director Michael Blitzer sold 2,091,849 shares of USA Rare Earth stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $15.75, for a total value of $32,946,621.75. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 46.60% of the stock is owned by insiders.
Institutional Trading of USA Rare Earth
Hedge funds and other institutional investors have recently modified their holdings of the business. Newtyn Management LLC acquired a new stake in shares of USA Rare Earth in the first quarter worth $4,114,000. Titleist Asset Management LLC purchased a new position in shares of USA Rare Earth during the 1st quarter valued at $145,000. International Assets Investment Management LLC purchased a new position in shares of USA Rare Earth during the 2nd quarter valued at $250,000. Calamos Advisors LLC acquired a new position in shares of USA Rare Earth in the third quarter worth $3,283,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of USA Rare Earth by 1,461,225.0% during the third quarter. Farther Finance Advisors LLC now owns 58,453 shares of the company's stock worth $1,005,000 after acquiring an additional 58,449 shares in the last quarter.
USA Rare Earth Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider USA Rare Earth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and USA Rare Earth wasn't on the list.
While USA Rare Earth currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
