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

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

REalloys Stock Performance

Shares of NASDAQ ALOY traded up $0.02 during midday trading on Wednesday, reaching $8.94. The company’s stock had a trading volume of 1,142,767 shares, compared to its average volume of 1,105,286. The company has a market cap of $510.56 million, a P/E ratio of -7.64 and a beta of 1.43. The business’s 50 day moving average price is $10.66 and its two-hundred day moving average price is $10.44. REalloys has a fifty-two week low of $3.43 and a fifty-two week high of $26.90.

Wall Street Analyst Weigh In

Several analysts have commented on ALOY shares. Weiss Ratings downgraded REalloys from a “sell (d-)” rating to a “sell (e-)” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, Clear Str raised shares of REalloys to a “strong-buy” rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Insider Buying and Selling at REalloys

In other news, insider Gust Kepler sold 62,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total transaction of $799,180.00. Following the completion of the transaction, the insider owned 414,218 shares of the company’s stock, valued at approximately $5,339,270.02. This trade represents a 13.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 20.10% of the company’s stock.

Hedge Funds Weigh In On REalloys

A number of hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC purchased a new position in shares of REalloys in the 2nd quarter worth about $62,000. Geode Capital Management LLC lifted 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 worth $213,000 after buying an additional 1,422 shares during the last quarter. Finally, Franklin Resources Inc. bought a new stake in REalloys in the 4th quarter worth approximately $741,000. Institutional investors and hedge funds own 3.58% of the company’s stock.

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.