Analysts Update Their Price Forecasts For Rio Tinto plc ADR (RIO)

Rio Tinto plc ADR (RIO) concluded trading on Wednesday at a closing price of $55.61, with 6.26 million shares of worth about $347.96 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.12% during that period and on April 09, 2025 the price saw a gain of about 6.29%. 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 -7.16% in past 5 days and over the past one month there was a price change of -10.09%. Year-to-date (YTD), RIO shares are showing a performance of -5.44% which decreased to -15.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.67 but also hit the highest price of $74.24 during that period. The average intraday trading volume for Rio Tinto plc ADR shares is 3.36 million. The stock is currently trading -7.90% below its 20-day simple moving average (SMA20), while that difference is down -9.38% for SMA50 and it goes to -11.87% lower than SMA200.

Rio Tinto plc ADR (NYSE: RIO) currently have 1.25B outstanding shares and institutions hold larger chunk of about 10.49% of that.

The stock has a current market capitalization of $69.72B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 7.90, while it has posted earnings per share of $7.04 in the same period. Its PEG reads 7.25 and has Quick Ratio of 1.13 while making debt-to-equity ratio of 0.25. 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 5.32% while standing at 2.29% 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 6.31 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 -2.55% while it is estimated to decrease by -2.04% in next year. EPS is likely to shrink at an annualized rate of 1.09% for next 5-years, compared to annual growth of 7.69% made by the stock over the past 5-years.

Stock get a Hold rating from Berenberg on June 27, 2024.

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