RLX Technology (RLX) Stock Price, News & Analysis

Company Overview

RLX Technology Inc., together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.

Key Stats

• Today's Range: $1.75 to $1.81
• 50-Day Range: $1.60 to $1.89
• 52-Week Range: $1.50 to $2.30
• Volume: 5.42 million shs
• Average Volume: 5.44 million shs
• Market Capitalization: $2.83 billion
• P/E Ratio: 45.01
• Dividend Yield: 0.56%
• Price Target: $2.76
• Consensus Rating: Buy

RLX Technology Stock Analysis - MarketRank™

RLX Technology scored higher than 66% of companies evaluated by MarketBeat, and ranked 137th out of 285 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

RLX Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

RLX Technology has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of RLX Technology is 45.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of RLX Technology is 45.01, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.36.

Price to Book Value per Share Ratio

RLX Technology has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.98% of the float of RLX Technology has been sold short.

Short Interest Ratio / Days to Cover

RLX Technology has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in RLX Technology has recently decreased by 1.86%, indicating that investor sentiment is improving.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

RLX Technology has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

RLX Technology does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of RLX Technology is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.98% of the float of RLX Technology has been sold short.

Short Interest Ratio / Days to Cover

RLX Technology has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in RLX Technology has recently decreased by 1.86%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.44

News Sentiment

RLX Technology has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for RLX Technology this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for RLX on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, RLX Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

53.40% of the stock of RLX Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 22.68% of the stock of RLX Technology is held by institutions.

RLX Stock Analysis - Frequently Asked Questions

How have RLX shares performed this year?

RLX Technology's stock was trading at $2.00 on January 1st, 2024. Since then, RLX stock has decreased by 10.0% and is now trading at $1.80.
View the best growth stocks for 2024 here.

When did RLX Technology IPO?

RLX Technology (RLX) raised $1 billion in an initial public offering (IPO) on Thursday, January 21st 2021. The company issued 116,500,000 shares at $8.00-$10.00 per share. Citigroup served as the underwriter for the IPO and China Renaissance was co-manager.

Who are RLX Technology's major shareholders?

Top institutional shareholders of RLX Technology include First Beijing Investment Ltd (1.81%), State Street Corp (0.34%), Adero Partners LLC (0.13%) and Point72 Hong Kong Ltd (0.08%).

How do I buy shares of RLX Technology?

Shares of RLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of RLX Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RLX Technology investors own include Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Tesla (TSLA), Salesforce (CRM) and PayPal (PYPL).

Company Calendar

• Today: 11/24/2024
• Ex-Dividend for 12/20 Dividend: 12/06/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Cigarettes
• Sub-Industry: Tobacco Products
• Current Symbol: NYSE:RLX
• CUSIP: N/A
• CIK: 1828365
• Web: www.relxtech.com
• Phone: 86-10-2173-7265
• Fax: N/A
• Employees: 1,240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.76
• High Stock Price Target: $2.76
• Low Stock Price Target: $2.76
• Potential Upside/Downside: +53.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.04
• Trailing P/E Ratio: 45.01
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $75.26 million
• Net Margins: 15.70%
• Pretax Margin: 30.73%
• Return on Equity: 2.48%
• Return on Assets: 2.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 12.42
• Quick Ratio: 14.25

Sales & Book Value

• Annual Sales: $2.16 billion
• Price / Sales: 1.31
• Cash Flow: $0.05 per share
• Price / Cash Flow: 33.79
• Book Value: $1.42 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 1,570,791,000
• Free Float: 731,989,000
• Market Cap: $2.83 billion
• Optionable: Optionable
• Beta: 0.93