REX American Resources: This Deeply Undervalued Company Offers Long Investors A Return Of 40% Or More By 2021 - Behind The Idea [Seeking Alpha]
REX American Resources Corporation (REX)
US:NYSE Investor Relations:
rexstores.com/corp/page4.aspx
Company Research
Source: Seeking Alpha
SummaryREX American Resources is a best-in-class ethanol producer that has historically been one of the independent sector's highest-margin producers.The company's share price has collapsed in response to the COVID-19 pandemic and associated ethanol demand destruction.The market is pricing REX American Resources substantially below its liquidation value. This is despite the company's very strong balance sheet that makes bankruptcy extremely unlikely to occur.I utilize EV/adj. EBITDA analysis and liquidation analysis to calculate share price targets for REX American Resources under both pessimistic and optimistic scenario assumptions.Both analyses support a 2021 price target range that would result in a share price return of at least 40%. The liquidation analysis further shows that the potential downside is very limited.This article was selected to be shared with PRO subscribers, who also got 7 days' exclusive access toTristan R. Brown'soriginalTop Ideaon REX American Resources (NYSE:h
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News
- Granite Ridge Resources, Inc. (GRNT) Beats Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Does REX American Resources (NYSE:REX) Deserve A Spot On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- REX American Resources Corporation (NYSE:REX) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap? [Yahoo! Finance]Yahoo! Finance
- REX American Resources Corporation (REX): Among the Best Algae and Biofuel Stocks to Buy Now [Yahoo! Finance]Yahoo! Finance
- REX American Resources Corporation (REX) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
REX
Earnings
- 8/27/24 - Beat
REX
Sec Filings
- 8/30/24 - Form 10-Q
- 8/27/24 - Form 8-K
- REX's page on the SEC website