REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, the company provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.
REX American Resources Price Performance
REX Stock opened at $33.08 on Wednesday. REX American Resources has a 1-year low of $24.02 and a 1-year high of $37.81. The company has a market capitalization of $195.83 million, a price-to-earnings ratio of 3.96 and a beta of 1.05. The business has a 50 day simple moving average of $36.08 and a two-hundred day simple moving average of $32.62.
REX American Resources (NYSE:REX - Get Rating) last posted its earnings results on Wednesday, May 25th. The energy company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. The firm had revenue of $194.23 million during the quarter, compared to the consensus estimate of $182.00 million. REX American Resources had a return on equity of 10.03% and a net margin of 6.18%. During the same period in the prior year, the company earned $0.43 EPS. Sell-side analysts anticipate that REX American Resources will post 7.13 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of REX American Resources from a "buy" rating to a "hold" rating in a research report on Tuesday. TheStreet raised shares of REX American Resources from a "c+" rating to a "b" rating in a report on Tuesday, June 21st.