REX American Resources: This Deeply Undervalued Company Offers Long Investors A Return Of 40% Or More By 2021 - Behind The Idea [Seeking Alpha]
REX American Resources Corporation (REX)
US:NYSE Investor Relations:
rexstores.com/corp/page4.aspx
Company Research
Source: Seeking Alpha
SummaryREX American Resources is a best-in-class ethanol producer that has historically been one of the independent sector's highest-margin producers.The company's share price has collapsed in response to the COVID-19 pandemic and associated ethanol demand destruction.The market is pricing REX American Resources substantially below its liquidation value. This is despite the company's very strong balance sheet that makes bankruptcy extremely unlikely to occur.I utilize EV/adj. EBITDA analysis and liquidation analysis to calculate share price targets for REX American Resources under both pessimistic and optimistic scenario assumptions.Both analyses support a 2021 price target range that would result in a share price return of at least 40%. The liquidation analysis further shows that the potential downside is very limited.This article was selected to be shared with PRO subscribers, who also got 7 days' exclusive access toTristan R. Brown'soriginalTop Ideaon REX American Resources (NYSE:h
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News
- Are Robust Financials Driving The Recent Rally In REX American Resources Corporation's (NYSE:REX) Stock? [Yahoo! Finance]Yahoo! Finance
- REX American Resources Co. (NYSE: REX) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $70.00 price target on the stock, up previously from $58.00.MarketBeat
- REX American Resources: Net Income May Drop And The Stock Price May Follow [Seeking Alpha]Seeking Alpha
- REX American Resources Corporation (NYSE:REX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- REX American Resources Co. (NYSE: REX) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $58.00 price target on the stock.MarketBeat
REX
Earnings
- 3/28/24 - Beat
REX
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- 4/8/24 - Form 4
- REX's page on the SEC website