Suncrete (NASDAQ:RMIX) Hits New 12-Month Low – Should You Sell?

Posted by George Bondi on Nov 6th, 2026

Suncrete (NASDAQ:RMIX – Get Free Report)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as $8.32 and last traded at $8.7740, with a volume of 38,758 shares trading hands. The stock had previously closed at $9.20.

Analysts Set New Price Targets

A number of analysts have weighed in on RMIX shares. Wall Street Zen cut Suncrete from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 3rd. Weiss Ratings downgraded Suncrete from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $22.00 price objective on shares of Suncrete in a research report on Tuesday, August 18th. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $25.00 price objective (down from $26.00) on shares of Suncrete in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $22.25.

Check Out Our Latest Stock Analysis on Suncrete

Suncrete Price Performance

The company has a market capitalization of $655.53 million, a PE ratio of -63.86 and a beta of 0.93. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.40 and a quick ratio of 1.15. The company’s 50 day simple moving average is $12.37 and its 200 day simple moving average is $16.03.

Suncrete (NASDAQ:RMIX – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.70). The business had revenue of $97.23 million for the quarter, compared to the consensus estimate of $104.93 million. The business’s revenue was up 146.2% on a year-over-year basis. As a group, sell-side analysts predict that Suncrete will post -0.01 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC acquired a new stake in Suncrete during the 2nd quarter worth $29,000. State of Alaska Department of Revenue purchased a new stake in Suncrete in the third quarter valued at $29,000. Central Pacific Bank Trust Division purchased a new stake in Suncrete in the third quarter valued at $32,000. Susquehanna International Group LLP purchased a new stake in Suncrete in the second quarter valued at $285,000. Finally, Kornitzer Capital Management Inc. KS acquired a new position in Suncrete in the third quarter valued at $719,000. 71.07% of the stock is owned by hedge funds and other institutional investors.

About Suncrete

(Get Free Report)

Suncrete is a construction-materials company associated with the production and sale of ready-mixed concrete and related concrete products. Its operations support building and infrastructure projects by supplying concrete materials used in residential, commercial, industrial and other construction applications.

The company’s product and service offerings have included ready-mix concrete, concrete masonry products and related construction materials. Suncrete has historically served contractors, builders, developers and other customers involved in construction and development projects.

Publicly available information about Suncrete’s current operations, geographic footprint and leadership is limited.