We're taking a closer look at Rio Tinto today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -1.9% compared to 1.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
-
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide.
-
Rio Tinto has moved -12.7% over the last year compared to 12.8% for the S&P 500 -- a difference of -25.5%
-
RIO has an average analyst rating of buy and is -22.28% away from its mean target price of $75.94 per share
-
Its trailing 12 month earnings per share (EPS) is $7.07
-
Rio Tinto has a trailing 12 month Price to Earnings (P/E) ratio of 8.3 while the S&P 500 average is 29.3
-
Its forward earnings per share (EPS) is $6.82 and its forward P/E ratio is 8.7
-
The company has a Price to Book (P/B) ratio of 1.73 in contrast to the S&P 500's average ratio of 4.74
-
Rio Tinto is part of the Basic Materials sector, which has an average P/E ratio of 20.25 and an average P/B of 2.31
-
Rio Tinto has on average reported free cash flows of $17.17 Billion over the last four years, during which time they have grown by an an average of 0.3%