Rex American Stock Story

REX
 Stock
  

USD 32.12  0.91  2.92%   

It looks like Sherwin Williams will be up for a correction faster as its share price went up 0.62% today to Rex American's 0.86%While some millenniums may be indifferent towards basic materials space, we will examine how strong are Rex American fundamentals compared to Sherwin Williams. We are going to inspect some of the competitive aspects of both Rex American and Sherwin.
Published over two months ago
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Will Sherwin Williams investors switch to Rex American (NYSE:REX)?

By analyzing existing technical and fundamental indicators between Rex American and Sherwin, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Sherwin with a short position in Rex American. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Rex American has an asset utilization ratio of 186.84 percent. This suggests that the company is making $1.87 for each dollar of assets. An increasing asset utilization means that Rex American Resources is more efficient with each dollar of assets it utilizes for everyday operations.

How important is Rex American's Liquidity

Rex American financial leverage refers to using borrowed capital as a funding source to finance Rex American Resources ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Rex American financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Rex American's total debt and its cash.

How does Rex American utilize its cash?

To perform a cash flow analysis of Rex American, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Rex American is receiving and how much cash it distributes out in a given period. The Rex American cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Rex American Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Rex American reported Net Cash Flow from Operations of 91.71 Million in 2021

Acquisition by Anne MacMillan of 580 shares of Rex American subject to Rule 16b-3

Legal trades by Rex American insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Rex American insider trading alert for grant of common stock $.01 par value by Anne MacMillan, the corporate stakeholder, on 16th of June 2022. This event was filed by Rex American Resources Co with SEC on 2022-06-16. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is driving Rex American Investor Appetite?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Now, let's check Rex American revenue. Based on the latest financial disclosure, Rex American Resources reported 774.8 M of revenue. This is 90.14% lower than that of the Basic Materials sector and 82.59% lower than that of the Specialty Chemicals industry. The revenue for all United States stocks is 91.79% higher than that of Rex American. As for Sherwin Williams we see revenue of 20.29 B, which is 355.95% higher than that of the Specialty Chemicals

SHW
20.3 B
REX774.8 Million3.04
Sector4.45 Billion17.44
SHW20.29 Billion79.52

Rex American has a good chance to finish above $90 in 2 months

Current skewness is at 0.4.
As of the 25th of May, Rex American holds the Risk Adjusted Performance of 0.0451, semi deviation of 2.87, and Coefficient Of Variation of 3430.82. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rex American, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Rex American Resources, which can be compared to its competitors. Please check Rex American Resources standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Rex American Resources is priced some-what accurately, providing market reflects its current price of 87.79 per share. Given that Rex American has jensen alpha of 0.1467, we recommend you to check out Rex American Resources's recent market performance to make sure the company can sustain itself at a future point.

The Current Takeaway on Rex American Investment

While some firms in the specialty chemicals industry are either recovering or due for a correction, Rex American may not be performing as strong as the other in terms of long-term growth potentials. While some investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Rex American.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Rex American Resources. Please refer to our Terms of Use for any information regarding our disclosure principles.

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