With 8.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.59 million shares. During the session, the Tobacco company that operates in wider Consumer Defensive sector, reached to the highest price of $2.02 whereas the lowest price it dropped to was $1.942. The 52-week range on RLX shows that it touched its highest point at $2.19 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $3.11. With its current market cap of 1.89 billion, RLX has annualized dividend of $0.01 while the current yield stands at 0.51%. RLX paid its most recent dividend on 1701302400, while the ex-dividend date for that was 1733443200. Beta for the stock currently stands at 1.01.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RLX was up-trending over the past week, with a rise of 2.62%, but this was up by 15.98% over a month. Three-month performance surged to 18.79% while six-month performance rose 8.89%. The stock lost -6.67% in the past year, while it has lost -2.00% so far this year. A look at the trailing 12-month EPS for RLX yields 0.07 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.03. This implies an EPS growth rate of 77.89% for this year and 20.32% for next year. EPS is expected to grow by 12.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 90.13%.
Float and Shares Shorts:
At present, 962.89 million RLX shares are outstanding with a float of 881.80 million shares on hand for trading. On 2024-10-31, short shares totaled 17.43 million, which was 111.00000000000001 higher than short shares on 1727654400. In addition to Ms. Wang Ying as the firm’s Co-founder, Chairperson of the Board of Directors & CEO, Mr. Jiang Long serves as its Co-founder & Director.
Institutional Ownership:
Through their ownership of 0.28856 of RLX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RLX reported revenue of $679355000.0 and operating income of -$10660000.0. The EBITDA in the recently reported quarter was -$23730000.0 and diluted EPS was $0.129.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RLX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RLX analysts setting a high price target of 4.741011 and a low target of 2.6235225, the average target price over the next 12 months is 3.090732. Based on these targets, RLX could surge 141.89% to reach the target high and rise by 33.85% to reach the target low. Reaching the average price target will result in a growth of 57.69% from current levels.
Analysts have provided yearly estimates in a range of $0.71542 being high and $0.67024 being low. For RLX, this leads to a yearly average estimate of $0.69154. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
