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
Show less
Read more
Impact Snapshot
Event Time:
REX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
REX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
REX alerts
High impacting REX American Resources Corporation news events
Weekly update
A roundup of the hottest topics
REX
News
- REX American Resources Co. (NYSE: REX) had its price target lowered by analysts at Truist Financial Co. from $60.00 to $55.00. They now have a "buy" rating on the stock.MarketBeat
- REX American Resources Corp (REX) Q3 2024 Earnings Call Highlights: Strong Profit Growth Amid ... [Yahoo! Finance]Yahoo! Finance
- REX American Resources Reports Fiscal 2024 Third Quarter Net Income Per Share Attributable to REX Common Shareholders of $1.38, the Second-Best Quarterly Result in Company History [Yahoo! Finance]Yahoo! Finance
- REX American Resources Reports Fiscal 2024 Third Quarter Net Income Per Share Attributable to REX Common Shareholders of $1.38, the Second-Best Quarterly Result in Company HistoryBusiness Wire
- REX American Resources Corp (REX) Q3 2024 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance