REX American Resources Corporation (REX)
NYSE: REX · IEX Real-Time Price · USD
49.99
-0.26 (-0.52%)
May 31, 2024, 4:00 PM EDT - Market closed
REX American Resources Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for REX stock has a target of 65, which predicts an increase of 30.03% from the current stock price of 49.99.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for REX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $70 → $65 | Strong Buy | Reiterates | $70 → $65 | +30.03% | May 30, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $58 → $70 | Strong Buy | Reiterates | $58 → $70 | +40.03% | Apr 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $58 | Strong Buy | Maintains | $58 | +16.02% | Apr 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $45 → $50 | Strong Buy | Maintains | $45 → $50 | +0.02% | Sep 20, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | -9.98% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
700.73M
from 833.38M
Decreased by -15.92%
Revenue Next Year
794.65M
from 700.73M
Increased by 13.40%
EPS This Year
2.01
from 3.47
Decreased by -42.18%
EPS Next Year
3.79
from 2.01
Increased by 89.10%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 805.6M | 837.8M |
| Avg | 700.7M | 794.7M |
| Low | 608.0M | 760.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -3.3% | 19.6% |
| Avg | -15.9% | 13.4% |
| Low | -27.0% | 8.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.31 | 4.02 |
| Avg | 2.01 | 3.79 |
| Low | 1.74 | 3.61 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -33.4% | 100.6% |
| Avg | -42.2% | 89.1% |
| Low | -49.9% | 79.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.