REalloys (NASDAQ:ALOY) Releases Quarterly Earnings Results, Misses Estimates By $1.96 EPS

REalloys (NASDAQ:ALOYGet Free Report) released its quarterly earnings results on Wednesday. The company reported ($1.98) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($1.96), Zacks reports. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.

REalloys Stock Up 0.2%

ALOY traded up $0.02 during midday trading on Wednesday, hitting $8.94. 1,142,767 shares of the company traded hands, compared to its average volume of 1,105,286. The company’s 50-day moving average is $10.66 and its 200 day moving average is $10.44. REalloys has a 52 week low of $3.43 and a 52 week high of $26.90. The firm has a market capitalization of $510.56 million, a PE ratio of -7.64 and a beta of 1.43.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Clear Str raised shares of REalloys to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings cut shares of REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on REalloys

Insider Transactions at REalloys

In other news, insider Gust Kepler sold 62,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total transaction of $799,180.00. Following the transaction, the insider directly owned 414,218 shares of the company’s stock, valued at $5,339,270.02. This represents a 13.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On REalloys

Hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC bought a new stake in shares of REalloys in the second quarter worth about $62,000. Geode Capital Management LLC grew its holdings in shares of REalloys by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after purchasing an additional 1,422 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in REalloys in the fourth quarter worth $741,000. Hedge funds and other institutional investors own 3.58% of the company’s stock.

About REalloys

(Get Free Report)

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.

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Earnings History for REalloys (NASDAQ:ALOY)

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