RTI International Metals Inc. Reaches New 12-Month High at $33.00 (RTI)
RTI International Metals (NYSE:RTI)’s share price reached a new 52-week high on Wednesday, AnalystRatingsNetwork reports. The stock traded as high as $33.00 and last traded at $32.83, with a volume of 300,832 shares. The stock had previously closed at $32.17.
A number of analysts have recently weighed in on RTI shares. Analysts at Zacks downgraded shares of RTI International Metals (NYSE:RTI) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, August 7th. They now have a $34.70 price target on the stock.
Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $34.14.
RTI International Metals has a one year low of $22.17 and a one year high of $33.00. The stock has a 50-day moving average of $31.59 and a 200-day moving average of $30.01. The company has a market cap of $999.7 million and a price-to-earnings ratio of 50.27.
RTI International Metals (NYSE:RTI) last announced its earnings results on Tuesday, July 30th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.11. The company had revenue of $197.60 million for the quarter, compared to the consensus estimate of $188.09 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. On average, analysts predict that RTI International Metals will post $0.75 earnings per share for the current fiscal year.
RTI International Metals, Inc (NYSE:RTI) is a producer and global supplier of advanced titanium mill products, and a manufacturer of fabricated titanium and specialty metal components for the national and international aerospace, defense, energy, and industrial and consumer markets.
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