USA Rare Earth Inc. (NASDAQ:USAR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of USA Rare Earth Inc. (NASDAQ:USAR) have earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $34.3333.

Several research analysts recently issued reports on the stock. UBS Group reissued a “buy” rating on shares of USA Rare Earth in a report on Monday, December 8th. Benchmark began coverage on USA Rare Earth in a research note on Wednesday, January 21st. They set a “buy” rating for the company. Canaccord Genuity Group lifted their price target on USA Rare Earth from $23.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of USA Rare Earth in a report on Monday, December 29th. Finally, Roth Mkm raised their target price on USA Rare Earth from $25.00 to $35.00 and gave the company a “buy” rating in a report on Monday, January 26th.

USA Rare Earth Stock Performance

Shares of USAR opened at $20.13 on Friday. The stock has a market capitalization of $2.67 billion, a P/E ratio of -38.71 and a beta of 0.93. USA Rare Earth has a 1 year low of $5.56 and a 1 year high of $43.98. The company’s fifty day moving average is $18.73 and its two-hundred day moving average is $18.33.

Insider Transactions at USA Rare Earth

In related news, Director Michael Blitzer bought 100,000 shares of the company’s stock in a transaction on Thursday, January 29th. The stock was bought at an average cost of $21.44 per share, with a total value of $2,144,000.00. Following the completion of the acquisition, the director owned 847,500 shares in the company, valued at approximately $18,170,400. This represents a 13.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Carolyn Trabuco purchased 1,300 shares of USA Rare Earth stock in a transaction dated Thursday, January 29th. The shares were bought at an average price of $22.60 per share, with a total value of $29,380.00. Following the completion of the transaction, the director owned 1,300 shares in the company, valued at approximately $29,380. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 46.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in USA Rare Earth by 217.5% in the 4th quarter. Larson Financial Group LLC now owns 2,092 shares of the company’s stock valued at $25,000 after acquiring an additional 1,433 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of USA Rare Earth by 110.0% in the third quarter. National Bank of Canada FI now owns 2,100 shares of the company’s stock valued at $36,000 after purchasing an additional 1,100 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of USA Rare Earth by 158.2% in the second quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock valued at $25,000 after purchasing an additional 1,424 shares during the last quarter. Center for Financial Planning Inc. purchased a new position in shares of USA Rare Earth during the 4th quarter worth approximately $28,000. Finally, SBI Securities Co. Ltd. raised its position in shares of USA Rare Earth by 10,448.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,637 shares of the company’s stock worth $29,000 after purchasing an additional 2,612 shares during the last quarter.

About USA Rare Earth

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.