USA Rare Earth Inc. (NASDAQ:USAR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

USA Rare Earth Inc. (NASDAQ:USAR) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $34.3333.

A number of equities research analysts recently weighed in on the stock. Roth Mkm boosted their price target on shares of USA Rare Earth from $25.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of USA Rare Earth in a research report on Monday, December 29th. Canaccord Genuity Group boosted their target price on USA Rare Earth from $23.00 to $33.00 and gave the company a “buy” rating in a report on Tuesday, January 27th. Benchmark started coverage on USA Rare Earth in a research note on Wednesday, January 21st. They set a “buy” rating on the stock. Finally, UBS Group reaffirmed a “buy” rating on shares of USA Rare Earth in a research report on Monday, December 8th.

USA Rare Earth Stock Down 6.3%

USAR stock opened at $17.23 on Friday. The business has a 50 day moving average price of $18.28 and a 200 day moving average price of $18.22. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of -33.13 and a beta of 0.93. USA Rare Earth has a fifty-two week low of $5.56 and a fifty-two week high of $43.98.

Insiders Place Their Bets

In other USA Rare Earth news, Director Carolyn Trabuco bought 1,300 shares of USA Rare Earth stock in a transaction dated Thursday, January 29th. The stock was acquired at an average cost of $22.60 per share, with a total value of $29,380.00. Following the completion of the acquisition, the director owned 1,300 shares of the company’s stock, valued at approximately $29,380. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Blitzer purchased 100,000 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average cost of $21.44 per share, for a total transaction of $2,144,000.00. Following the acquisition, the director owned 847,500 shares of the company’s stock, valued at approximately $18,170,400. The trade was a 13.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 46.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pier 88 Investment Partners LLC lifted its holdings in shares of USA Rare Earth by 2.5% during the fourth quarter. Pier 88 Investment Partners LLC now owns 34,700 shares of the company’s stock worth $413,000 after purchasing an additional 840 shares during the period. SBI Securities Co. Ltd. raised its position in USA Rare Earth by 20.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 5,522 shares of the company’s stock worth $66,000 after buying an additional 936 shares during the last quarter. Advisory Services Network LLC raised its position in USA Rare Earth by 2.0% during the 3rd quarter. Advisory Services Network LLC now owns 52,366 shares of the company’s stock worth $900,000 after buying an additional 1,032 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of USA Rare Earth by 110.0% in the 3rd quarter. National Bank of Canada FI now owns 2,100 shares of the company’s stock worth $36,000 after acquiring an additional 1,100 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of USA Rare Earth by 158.2% in the second quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock valued at $25,000 after acquiring an additional 1,424 shares in the last quarter.

USA Rare Earth Company Profile

USA Rare Earth (NASDAQ: USAR) is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.