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

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

REalloys Trading Up 0.2%

Shares of ALOY opened at $8.94 on Thursday. The firm has a market cap of $510.57 million, a P/E ratio of -7.64 and a beta of 1.43. REalloys has a 12-month low of $3.43 and a 12-month high of $26.90. The company’s 50-day moving average price is $10.53 and its 200 day moving average price is $10.43.

Insiders Place Their Bets

In other REalloys news, insider Gust Kepler sold 62,000 shares of REalloys stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total value of $799,180.00. Following the completion of the transaction, the insider directly owned 414,218 shares of the company’s stock, valued at $5,339,270.02. The trade was a 13.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 20.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On REalloys

Institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC acquired a new position in REalloys in the 2nd quarter valued at about $62,000. Geode Capital Management LLC grew its position in REalloys by 5.7% in 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 in the last quarter. Finally, Franklin Resources Inc. acquired a new position in REalloys in the 4th quarter valued at about $741,000. 3.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on ALOY. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Clear Str upgraded shares of REalloys to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, Weiss Ratings lowered shares of REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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.