Where Does Rio Tinto Group (RIO) Rank When It Comes To Price-To-Earnings Ratio?

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Rio Tinto Group (NYSE:RIO) finished Thursday with an addition of $2.13 to close at $55.35, an upside of 4.00 percent. An average of 3,474,440 shares of common stock have been traded in the last five days. The last 20 days have seen an average of 3,362,815 shares traded, while the 50-day average volume stands at 3,453,264.

RIO stock has decreased by -9.41% in the last month. The company shares reached their 1-month lowest point of $53.21 on 09/07/22. With the stock rallying to its 52-week high on 03/03/22, shares of the company touched a low of $53.21 and a high of $84.01 in 52 weeks. It has reached a new high 14 times so far this year and lost -16.65% or -$11.59 in price. In spite of this, the price is down -34.12% from the 52-week high.


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Valuation Metrics

Rio Tinto Group (RIO) has a trailing price-to-earnings (P/E) ratio of 5.10. The stock’s beta is 0.70. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.54, the price-to-book (PB) ratio at 1.77.

The company has a payout ratio of 34.40%. The company’s most recent quarterly dividend payment was $2.67 a share, representing a down of -44.2% from $4.7850 last year. Its latest decrease dividend $2.1150 reported on Thursday July 28 2022.

Financial Health

The quick ratio of Rio Tinto Group for the recent quarter was 1.30, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.23 and a total debt to equity ratio of 0.25 for the recent quarter. Rio Tinto Group’s EBITDA margin is 52.94%, while its operating margin for the same period stands at 40.80%. Its gross profit as reported stood at $53.54 billion compared to revenue of $63.49 billion.

Earnings Surprise

For the recent quarter, Rio Tinto Group had $72.0 million in cash. The company posted a net income of $21.09 billion in the quarter, while revenues were grew 53.69%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Rio Tinto Group (RIO) price momentum. RSI 9-day as of the close on 22 September was 46.27%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.54%.

As of today, RIO’s price is $55.03 unch or $unch from its 5-day moving average. RIO is currently trading -6.38% lower than its 20-day SMA and -22.17% lower than its 100-day SMA. However, the stock’s current price level is -4.73% below the SMA50 and -10.86% below the SMA200.

The stochastic %K and %D were 22.84% and 29.72%, respectively, and the average true range (ATR) was 1.76. With the 14-day stochastic at 36.21% and the average true range at 1.72, the RSI (14) stands at 45.17%. The stock has reached -1.24 on the 9-day MACD Oscillator while the 14-day reading was at -1.10.

Analyst Ratings

Macquarie downgraded Rio Tinto Group (NYSE: RIO) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Rio Tinto Group (RIO) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell RIO, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is RIO’s price target for the next 12 months?

Analysts predict a range of price targets between $64.00 and $90.00, with a median target of $74.31. Taking a look at these predictions, the average price target given by analysts for Rio Tinto Group (RIO) stock is $75.66.

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