Radius Recycling Inc. (NASDAQ: RDUS) closed the day trading at $19.61 down -2.68% from the previous closing price of $20.15. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 606166 shares were traded.
Ratios:
For a better understanding of RDUS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.91. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.55.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 10 ’23 when Souza Brian sold 4,500 shares for $23.49 per share. The transaction valued at 105,705 led to the insider holds 18,767 shares of the business.
Heiskell Steven sold 8,000 shares of RDUS for $193,120 on Nov 07 ’23. The SVP & President, Recycling P&S now owns 136,367 shares after completing the transaction at $24.14 per share. On Nov 06 ’23, another insider, Vaughn James Matthew, who serves as the SVP, GC, CCO, Corp. Secretary of the company, sold 571 shares for $24.83 each. As a result, the insider received 14,178 and left with 6,608 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDUS now has a Market Capitalization of 546.09M and an Enterprise Value of 940.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is 11.86.
Stock Price History:
Over the past 52 weeks, RDUS has reached a high of $36.64, while it has fallen to a 52-week low of $17.51. The 50-Day Moving Average of the stock is 22.31, while the 200-Day Moving Average is calculated to be 27.08.
Shares Statistics:
Over the past 3-months, RDUS traded about 192.83K shares per day on average, while over the past 10 days, RDUS traded about 249.4k shares per day. A total of 27.31M shares are outstanding, with a floating share count of 25.46M. Insiders hold about 8.64% of the company’s shares, while institutions hold 82.01% stake in the company. Shares short for RDUS as of Mar 15, 2024 were 436.97k with a Short Ratio of 2.27, compared to 446.05k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.57% and a Short% of Float of 2.07%.
Dividends & Splits
RDUS’s forward annual dividend rate is 0.75, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 3.72%, it implies a Forward Annual Dividend Yield of 3.70%. The stock’s 5-year Average Dividend Yield is 2.75.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$1.09 for the current quarter, with a high estimate of -$1.09 and a low estimate of -$1.1, while EPS last year was $0.14. The consensus estimate for the next quarter is -$0.64, with high estimates of -$0.35 and low estimates of -$0.93.
Analysts are recommending an EPS of between -$1.85 and -$3.53 for the fiscal current year, implying an average EPS of -$2.69. EPS for the following year is $0.93, with 2 analysts recommending between $0.95 and $0.91.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for RDUS’s current fiscal year. The highest revenue estimate was $2.65B, while the lowest revenue estimate was $2.59B, resulting in an average revenue estimate of $2.62B. In the same quarter a year ago, actual revenue was $2.88B, down -9.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.81B and the low estimate is $2.66B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
