USA Rare Earth Inc. (NASDAQ:USAR) Given Average Rating of “Moderate Buy” by Analysts

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

A number of research analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of USA Rare Earth in a research note on Monday, December 29th. Cantor Fitzgerald boosted their target price on USA Rare Earth from $28.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Canaccord Genuity Group upped their price target on USA Rare Earth from $23.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Benchmark assumed coverage on USA Rare Earth in a report on Wednesday, January 21st. They issued a “buy” rating for the company. Finally, UBS Group restated a “buy” rating on shares of USA Rare Earth in a research note on Monday, December 8th.

Insider Activity at USA Rare Earth

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

Institutional Trading of USA Rare Earth

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pier 88 Investment Partners LLC boosted its position in shares of USA Rare Earth by 2.5% in the fourth quarter. Pier 88 Investment Partners LLC now owns 34,700 shares of the company’s stock valued at $413,000 after acquiring an additional 840 shares during the period. SBI Securities Co. Ltd. boosted its stake in USA Rare Earth by 20.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 5,522 shares of the company’s stock valued at $66,000 after buying an additional 936 shares during the period. Advisory Services Network LLC grew its position in USA Rare Earth by 2.0% during the third 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 in the last quarter. National Bank of Canada FI increased its stake in 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 last quarter. Finally, NewEdge Advisors LLC increased its stake in USA Rare Earth by 158.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock worth $25,000 after acquiring an additional 1,424 shares during the last quarter.

USA Rare Earth Price Performance

Shares of USA Rare Earth stock opened at $18.40 on Thursday. The firm has a market cap of $2.44 billion, a PE ratio of -35.38 and a beta of 1.05. USA Rare Earth has a 1 year low of $5.56 and a 1 year high of $43.98. The stock has a fifty day moving average price of $20.21 and a 200-day moving average price of $18.68.

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.