US$60.00: That's What Analysts Think REX American Resources Corporation (NYSE:REX) Is Worth After Its Latest Results

REX American Resources Corporation (NYSE:REX) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasts think of the company following this report. Results were roughly in line with estimates, with revenues of US$148m and statutory earnings per share of US$0.70. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

Check out our latest analysis for REX American Resources

Following the recent earnings report, the consensus from solitary analyst covering REX American Resources is for revenues of US$627.0m in 2025. This implies a considerable 13% decline in revenue compared to the last 12 months. Statutory earnings per share are forecast to nosedive 34% to US$2.60 in the same period. Before this earnings report, the analyst had been forecasting revenues of US$622.0m and earnings per share (EPS) of US$1.79 in 2025. There was no real change to the revenue estimates, but the analyst does seem more bullish on earnings, given the sizeable expansion in earnings per share expectations following these results.

The consensus price target fell 7.7% to US$60.00, suggesting the increase in earnings forecasts was not enough to offset other the analyst concerns.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that revenue is expected to reverse, with a forecast 24% annualised decline to the end of 2025. That is a notable change from historical growth of 18% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 2.1% per year. It's pretty clear that REX American Resources' revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around REX American Resources' earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of REX American Resources' future valuation.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for REX American Resources going out as far as 2027, and you can see them free on our platform here.

You can also see our analysis of REX American Resources' Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.