REalloys (NASDAQ:ALOY) Releases Earnings Results, Misses Estimates By $1.96 EPS

REalloys (NASDAQ:ALOY) posted its earnings results on Wednesday. The company reported ($1.98) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($1.96), Zacks reports. REalloys had a negative net margin of 182.07% and a negative return on equity of 96.75%.

REalloys Stock Up 0.2%

Shares of ALOY traded up $0.02 during trading hours on Wednesday, hitting $8.94. The company had a trading volume of 1,142,817 shares, compared to its average volume of 1,105,316. The firm has a market cap of $510.56 million, a price-to-earnings ratio of -7.64 and a beta of 1.43. The business has a fifty day moving average of $10.66 and a 200-day moving average of $10.44. REalloys has a 12 month low of $3.43 and a 12 month high of $26.90.

Insider Buying and Selling

In related news, insider Gust Kepler sold 62,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total transaction of $799,180.00. Following the transaction, the insider directly owned 414,218 shares of the company’s stock, valued at approximately $5,339,270.02. This trade represents a 13.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On REalloys

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. acquired a new stake in REalloys during the 4th quarter worth approximately $741,000. Geode Capital Management LLC lifted its position in shares of REalloys by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after acquiring an additional 1,422 shares during the period. Finally, Corient Private Wealth LLC acquired a new position in shares of REalloys during the 2nd quarter valued at $62,000. 3.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ALOY has been the subject of several analyst reports. Weiss Ratings downgraded shares of REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, May 14th. Wall Street Zen raised shares of REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, Clear Str raised shares of REalloys to a “strong-buy” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About REalloys

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.