REX American Resources Corp. (NYSE:REX) – Analysts at Feltl & Co. issued their Q3 2017 earnings estimates for REX American Resources Corp. in a research report issued to clients and investors on Thursday. Feltl & Co. analyst B. Rystrom expects that the firm will earn $1.20 per share for the quarter. Feltl & Co. has a “Buy” rating and a $94.50 price objective on the stock. Feltl & Co. also issued estimates for REX American Resources Corp.’s Q4 2017 earnings at $1.47 EPS, FY2017 earnings at $4.35 EPS, Q1 2018 earnings at $1.22 EPS, Q2 2018 earnings at $1.04 EPS, Q3 2018 earnings at $1.09 EPS, Q4 2018 earnings at $1.01 EPS and FY2018 earnings at $4.36 EPS.

Shares of REX American Resources Corp. (NYSE:REX) traded up 0.95% during trading on Monday, reaching $83.92. The company’s stock had a trading volume of 44,324 shares. REX American Resources Corp. has a 12-month low of $44.48 and a 12-month high of $87.13. The stock has a market capitalization of $552.36 million, a PE ratio of 25.52 and a beta of 1.64. The firm’s 50-day moving average is $76.63 and its 200-day moving average is $62.07.

REX American Resources Corp. (NYSE:REX) last announced its quarterly earnings results on Thursday, August 25th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.13. The company had revenue of $115.70 million for the quarter, compared to analysts’ expectations of $109.09 million. REX American Resources Corp. had a net margin of 5.11% and a return on equity of 6.16%.

In other REX American Resources Corp. news, Director Lawrence Tomchin sold 2,000 shares of the stock in a transaction on Friday, July 1st. The stock was sold at an average price of $60.00, for a total value of $120,000.00. Following the sale, the director now owns 149,938 shares in the company, valued at $8,996,280. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Stuart A. Rose sold 10,524 shares of the stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $85.95, for a total value of $904,537.80. Following the completion of the sale, the insider now owns 656,622 shares in the company, valued at approximately $56,436,660.90. The disclosure for this sale can be found here. 14.70% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of REX American Resources Corp. by 412.1% in the second quarter. BlackRock Inc. now owns 1,741 shares of the company’s stock valued at $104,000 after buying an additional 1,401 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in shares of REX American Resources Corp. by 70.8% in the second quarter. BNP Paribas Arbitrage SA now owns 1,804 shares of the company’s stock valued at $108,000 after buying an additional 748 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of REX American Resources Corp. by 52.5% in the first quarter. Envestnet Asset Management Inc. now owns 2,604 shares of the company’s stock valued at $144,000 after buying an additional 897 shares in the last quarter. BlackRock Advisors LLC raised its position in shares of REX American Resources Corp. by 3.5% in the second quarter. BlackRock Advisors LLC now owns 2,838 shares of the company’s stock valued at $170,000 after buying an additional 96 shares in the last quarter. Finally, Smith Asset Management Group LP raised its position in shares of REX American Resources Corp. by 62.9% in the second quarter. Smith Asset Management Group LP now owns 5,100 shares of the company’s stock valued at $305,000 after buying an additional 1,970 shares in the last quarter. Institutional investors and hedge funds own 95.28% of the company’s stock.

About REX American Resources Corp.

Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

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