Share on StockTwits

Rex American Resources Corp. (NYSE:REX) CEO Stuart A. Rose sold 18,000 shares of Rex American Resources Corp. stock on the open market in a transaction dated Friday, August 29th. The stock was sold at an average price of $107.31, for a total transaction of $1,931,580.00. Following the completion of the sale, the chief executive officer now directly owns 668,758 shares in the company, valued at approximately $71,764,421. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Rex American Resources Corp. (NYSE:REX) traded up 0.33% on Wednesday, hitting $106.83. 84,879 shares of the company’s stock traded hands. Rex American Resources Corp. has a 1-year low of $26.70 and a 1-year high of $110.65. The stock has a 50-day moving average of $91.82 and a 200-day moving average of $70.03. The company has a market cap of $874.1 million and a P/E ratio of 12.51.

Rex American Resources Corp. (NYSE:REX) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.63. The company had revenue of $150.20 million for the quarter, compared to the consensus estimate of $147.00 million. During the same quarter in the previous year, the company posted $0.70 earnings per share. On average, analysts predict that Rex American Resources Corp. will post $9.76 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on REX shares. Analysts at Singular Research raised their price target on shares of Rex American Resources Corp. from $99.00 to $115.00 in a research note on Thursday, August 28th. They now have a “long” rating on the stock. Analysts at Sidoti downgraded shares of Rex American Resources Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, August 21st.

Rex American Resources Corporation (NYSE:REX) is a holding company to succeed to the entire ownership of three affiliated corporations, Rex Radio and Television, Inc, Stereo Town, Inc and Kelly & Cohen Appliances, Inc As of January 31, 2012, the Company had lease agreements, as landlord, for six owned former retail stores and had 16 vacant former retail properties.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.