Should I buy or sell RLX Technology stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RLX Technology in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RLX shares. View RLX analyst ratings or view top-rated stocks .

What is RLX Technology's stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for RLX Technology's stock. Their RLX share price targets range from $2.60 to $2.76. On average, they predict the company's share price to reach $2.68 in the next year. This suggests a possible upside of 48.1% from the stock's current price. View analysts price targets for RLX or view top-rated stocks among Wall Street analysts .

How have RLX shares performed in 2024?

RLX Technology's stock was trading at $2.00 on January 1st, 2024. Since then, RLX shares have decreased by 9.5% and is now trading at $1.81. View the best growth stocks for 2024 here .

Are investors shorting RLX Technology?

RLX Technology saw a decline in short interest in March. As of March 15th, there was short interest totaling 38,180,000 shares, a decline of 21.5% from the February 29th total of 48,630,000 shares. Based on an average trading volume of 6,850,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 4.0% of the shares of the company are sold short. View RLX Technology's Short Interest .

When is RLX Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our RLX earnings forecast .

How were RLX Technology's earnings last quarter?

RLX Technology Inc. (NYSE:RLX) announced its quarterly earnings results on Friday, March, 15th. The company reported $0.02 EPS for the quarter. The firm earned $73.31 million during the quarter. RLX Technology had a net margin of 34.74% and a trailing twelve-month return on equity of 3.32%.

How often does RLX Technology pay dividends? What is the dividend yield for RLX Technology?

RLX Technology declared a Variable dividend on Monday, November 13th. Investors of record on Friday, December 1st will be paid a dividend of $0.01 per share on Friday, December 22nd. This represents a yield of 0.4%. The ex-dividend date is Thursday, November 30th. Read our dividend analysis for RLX .

Is RLX Technology a good dividend stock?

RLX Technology (NYSE:RLX) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.45%. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RLX .

What ETFs hold RLX Technology's stock?

ETFs with the largest weight of RLX Technology (NYSE:RLX) stock in their portfolio include iShares MSCI China Small-Cap ETF (ECNS) . Invesco Golden Dragon China ETF (PGJ) .

When did RLX Technology IPO?

RLX Technology (RLX) raised $1 billion in an initial public offering (IPO) on Thursday, January 21st 2021. The company issued 116,500,000 shares at a price of $8.00-$10.00 per share. Citigroup acted as the underwriter for the IPO and China Renaissance was co-manager.

How do I buy shares of RLX Technology?

Shares of RLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NYSE:RLX

RLX Technology (RLX) Stock Price, News & Analysis

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$1.81

+0.03 (+1.69%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.77
▼
$1.83
50-Day Range: $1.76
▼
$2.11
52-Week Range: $1.39
▼
$2.78

Volume: 4.43 million shs
Average Volume: 5.93 million shs
Market Capitalization: $2.84 billion

P/E Ratio: 36.21
Dividend Yield: 0.55%
Price Target: $2.68

Get RLX Technology alerts:

RLX Technology MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 48.1% Upside
$2.68 Price Target
Short Interest: Bearish
4.15% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.27 out of 5 stars

Consumer Discretionary Sector

174th out of 250 stocks

Cigarettes Industry

3rd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
RLX Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
RLX Technology has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.15% of the float of RLX Technology has been sold short.
Short Interest Ratio / Days to Cover
RLX Technology has a short interest ratio ("days to cover") of 6.1.
Change versus previous month
Short interest in RLX Technology has recently increased by 0.10%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
RLX Technology has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
RLX Technology does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of RLX Technology is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RLX.

2.7

News and Social Media Coverage

News Sentiment
RLX Technology has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for RLX Technology this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for RLX on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RLX Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
53.40% of the stock of RLX Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 22.68% of the stock of RLX Technology is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of RLX Technology is 36.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of RLX Technology is 36.21, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.96.
Price to Book Value per Share Ratio
RLX Technology has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About RLX Technology Stock (NYSE:RLX)

RLX Technology Inc., together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.

RLX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RLX Stock News Headlines

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March 19, 2024 | seekingalpha.com

RLX: Focus On Both Q4 Results And Outlook (Rating Upgrade)

March 19, 2024 | ca.finance.yahoo.com

S&P/TSX composite down in late-morning trading, U.S. stock markets trade higher

March 18, 2024 | ca.finance.yahoo.com

Goldman Sachs executive Stephanie Cohen to leave, WSJ reports

March 18, 2024 | markets.businessinsider.com

Buy Rating Justified: RLX Technology’s Strong Q4 Performance and Promising Global Expansion Strategy

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March 17, 2024 | finance.yahoo.com

At US$1.86, Is It Time To Put RLX Technology Inc. (NYSE:RLX) On Your Watch List?

March 16, 2024 | ca.finance.yahoo.com

RLX Apr 2024 1.500 call

March 15, 2024 | finance.yahoo.com

RLX Apr 2024 2.000 put

March 15, 2024 | finanznachrichten.de

RLX Technology Inc.: RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

March 15, 2024 | msn.com

Why RLX Technology Shares Are Gaining Today

March 15, 2024 | seekingalpha.com

RLX Technology Inc. 2023 Q4 - Results - Earnings Call Presentation

March 15, 2024 | prnewswire.com

RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

March 14, 2024 | msn.com

RLX Technology Q4 2023 Earnings Preview

March 14, 2024 | markets.businessinsider.com

RLX Technology A earnings: here's what Wall Street expects

March 14, 2024 | benzinga.com

A Preview Of RLX Technology's Earnings

March 12, 2024 | msn.com

Destiny 2 New Emblem & Shaders Codes For March 2024

March 5, 2024 | finance.yahoo.com

RLX Technology to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 15, 2024

March 5, 2024 | prnewswire.com

RLX Technology to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 15, 2024

February 28, 2024 | finance.yahoo.com

RLX Jan 2025 0.500 put

February 28, 2024 | finance.yahoo.com

RLX Jul 2024 2.500 put

February 23, 2024 | msn.com

10 Forgotten Luxury Flagships That Languished At The Top

February 22, 2024 | finance.yahoo.com

RLX Mar 2024 2.000 put

February 4, 2024 | ca.finance.yahoo.com

RLX Jan 2025 2.000 put

See More Headlines

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Company Calendar

Last Earnings: 3/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/15/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Cigarettes
Sub-Industry: N/A
Current Symbol: NYSE:RLX
CUSIP: N/A
CIK: 1828365
Web: www.relxtech.com
Phone: 86-10-2173-7265
Fax: N/A
Employees: 707
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.68
High Stock Price Target: $2.76
Low Stock Price Target: $2.60
Potential Upside/Downside: +48.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.05
Trailing P/E Ratio: 36.21
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $75.26 million
Net Margins: 34.74%
Pretax Margin: 47.57%
Return on Equity: 3.32%
Return on Assets: 3.19%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 13.44
Quick Ratio: 13.22

Sales & Book Value

Annual Sales: $223.44 million
Price / Sales: 12.72
Cash Flow: $0.02 per share
Price / Cash Flow: 100.46
Book Value: $1.40 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 1,570,790,000
Free Float: 731,989,000
Market Cap: $2.84 billion
Optionable: Optionable
Beta: 0.98

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Key Executives

Ms. Wang Ying (Age 42)
Co-founder, Chairperson of the Board of Directors & CEO
Mr. Jiang Long (Age 45)
Co-founder & Director
Mr. Wen Yilong (Age 35)
Co-founder & Director
Mr. Chao Lu (Age 38)
Chief Financial Officer
Sam Tsang
Head of Investor Relations
Sean Dai
General Counsel & Compliance Officer
Ms. Zhang Yueduo (Age 37)
Head of Finance

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RLX Stock Analysis - Frequently Asked Questions

Should I buy or sell RLX Technology stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RLX Technology in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RLX shares.
View RLX analyst ratings or view top-rated stocks.
What is RLX Technology's stock price target for 2024?: 2 Wall Street research analysts have issued 1-year target prices for RLX Technology's stock. Their RLX share price targets range from $2.60 to $2.76. On average, they predict the company's share price to reach $2.68 in the next year. This suggests a possible upside of 48.1% from the stock's current price.
View analysts price targets for RLX or view top-rated stocks among Wall Street analysts.
How have RLX shares performed in 2024?: RLX Technology's stock was trading at $2.00 on January 1st, 2024. Since then, RLX shares have decreased by 9.5% and is now trading at $1.81.
View the best growth stocks for 2024 here.
Are investors shorting RLX Technology?: RLX Technology saw a decline in short interest in March. As of March 15th, there was short interest totaling 38,180,000 shares, a decline of 21.5% from the February 29th total of 48,630,000 shares. Based on an average trading volume of 6,850,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 4.0% of the shares of the company are sold short.
View RLX Technology's Short Interest.
When is RLX Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our RLX earnings forecast.
How were RLX Technology's earnings last quarter?: RLX Technology Inc. (NYSE:RLX) announced its quarterly earnings results on Friday, March, 15th. The company reported $0.02 EPS for the quarter. The firm earned $73.31 million during the quarter. RLX Technology had a net margin of 34.74% and a trailing twelve-month return on equity of 3.32%.

How often does RLX Technology pay dividends? What is the dividend yield for RLX Technology?: RLX Technology declared a Variable dividend on Monday, November 13th. Investors of record on Friday, December 1st will be paid a dividend of $0.01 per share on Friday, December 22nd. This represents a yield of 0.4%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for RLX.
Is RLX Technology a good dividend stock?: RLX Technology (NYSE:RLX) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.45%. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RLX.
What ETFs hold RLX Technology's stock?: ETFs with the largest weight of RLX Technology (NYSE:RLX) stock in their portfolio include iShares MSCI China Small-Cap ETF (ECNS).Invesco Golden Dragon China ETF (PGJ).
When did RLX Technology IPO?: RLX Technology (RLX) raised $1 billion in an initial public offering (IPO) on Thursday, January 21st 2021. The company issued 116,500,000 shares at a price of $8.00-$10.00 per share. Citigroup acted as the underwriter for the IPO and China Renaissance was co-manager.
How do I buy shares of RLX Technology?: Shares of RLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RLX) was last updated on 4/18/2024 by MarketBeat.com Staff

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RLX Technology (RLX) Stock Price, News & Analysis

RLX Technology MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About RLX Technology Stock (NYSE:RLX)

RLX Stock Price History

RLX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

RLX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™