Is There More Upside Ahead For Rio Tinto plc ADR (NYSE: RIO)

Rio Tinto plc ADR (RIO) concluded trading on Thursday at a closing price of $59.79, with 10.45 million shares of worth about $624.94 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.09% during that period and on January 16, 2025 the price saw a loss of about -1.11%. Currently the company’s common shares owned by public are about 1.25B shares, out of which, 1.25B shares are available for trading.

Stock saw a price change of 1.98% in past 5 days and over the past one month there was a price change of -3.89%. Year-to-date (YTD), RIO shares are showing a performance of 1.67% which decreased to -13.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.85 but also hit the highest price of $74.24 during that period. The average intraday trading volume for Rio Tinto plc ADR shares is 2.72 million. The stock is currently trading 1.01% above its 20-day simple moving average (SMA20), while that difference is down -2.84% for SMA50 and it goes to -8.11% lower than SMA200.

Rio Tinto plc ADR (NYSE: RIO) currently have 1.25B outstanding shares and institutions hold larger chunk of about 10.65% of that.

The stock has a current market capitalization of $74.90B and its 3Y-monthly beta is at 0.67. PE ratio of stock for trailing 12 months is 9.11, while it has posted earnings per share of $6.56 in the same period. It has Quick Ratio of 1.16 while making debt-to-equity ratio of 0.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RIO, volatility over the week remained 2.08% while standing at 1.46% over the month.

Analysts are in expectations that Rio Tinto plc ADR (RIO) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 6.88 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -4.77% while it is estimated to decrease by -0.98% in next year. EPS is likely to shrink at an annualized rate of -9.24% for next 5-years, compared to annual growth of -4.80% made by the stock over the past 5-years.

Stock get a Hold rating from Liberum on March 05, 2024.

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