Renx Enterprises Corp. (RENX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Renx Enterprises Corp. (RENX) stock forecast summary
Our AI ranks Renx Enterprises Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Renx Enterprises Corp. is a small-cap company with a market capitalization of $5M. It ranks number 10 by market capitalization among the 12 Refuse Systems issuers in our coverage with a current forecast. Its ROE of -369.9% is the lowest of the 9 peers that report one. Its Net Margin of -170.9% is the lowest of the 9 peers that report one.
For RENX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -32.0%, measured on 289 forecast dates between 2023-11-17 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -13.0%, measured on 332 forecast dates between 2023-11-17 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How RENX ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Renx Enterprises Corp. (RENX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Refuse Systems peers listed below that report each metric.
Valuation & Market
| Metric | RENX | Rank |
|---|---|---|
| Market Cap | $5M | 10/12 |
| P/B Ratio | 0.65x | 8/9 |
| EPS | $-11.36 | – |
| Book Value/Share | $2.66 | – |
Profitability & Margins
| Metric | RENX | Rank |
|---|---|---|
| ROE | -369.9% | 9/9 |
| ROA | -67.3% | 9/9 |
| ROIC | -88.5% | 9/9 |
| Gross Margin | 27.1% | 6/11 |
| Operating Margin | -85.5% | 8/9 |
| Net Margin | -170.9% | 9/9 |
| EBT Margin | -77.2% | 9/10 |
Financial Health
| Metric | RENX | Rank |
|---|---|---|
| Current Ratio | 0.24x | 10/12 |
| Quick Ratio | 0.21x | 5/6 |
| D/E Ratio | 4.50x | 1/11 |
| Financial Leverage | 5.50x | 1/11 |
| Interest Coverage | -0.8x | 7/10 |
| Working Capital | -$18M | 6/12 |
Cash Flow
| Metric | RENX | Rank |
|---|---|---|
| Operating Cash Flow | -$5M | 10/11 |
Operational Efficiency
| Metric | RENX | Rank |
|---|---|---|
| Inventory Turnover | 10.2x | 5/5 |
| Days Inventory | 36 days | 1/5 |
Income Statement
| Metric | RENX | Rank |
|---|---|---|
| Operating Income | -$13M | 7/9 |
| Net Income | -$26M | 9/9 |
| Cost of Goods Sold | $8M | 9/11 |
Dividend & Shareholder Information
| Metric | RENX | Rank |
|---|---|---|
| Shares Outstanding | 3M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $6M | 14.9% of assets |
| Cash & Short-term Investments | $2M | 5.6% of assets |
| Accounts Receivable | $1M | 3.5% of assets |
| Inventory | $800K | 2.1% of assets |
| Total Liabilities | $32M | 81.8% of assets |
RENX quarterly financials and insider trading
Renx Enterprises Corp. (RENX) industry peers
Companies classified under the same SEC industry code as Renx Enterprises Corp. (Refuse Systems): 12 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| RENX Renx Enterprises Corp. | ▼ | $5M |
| WM Waste Management Inc | ▼ | $90.68B |
| RSG Republic Services, Inc. | ▼ | $70.90B |
| WCN Waste Connections, Inc. | ▼ | $42.32B |
| GFL Gfl Environmental Inc. | ▼ | $16.27B |
| CWST Casella Waste Systems Inc | ▼ | $5.60B |
| NVRI Enviri Corp | ▶ | $548M |
| DBHL Deep Isolation Nuclear, Inc. | ▼ | $178M |
| QRHC Quest Resource Holding Corp | ▲ | $24M |
| AWX Avalon Holdings Corp | ▲ | $10M |
| SNRG Susglobal Energy Corp. | ▼ | $1M |
| VIVK Vivakor, Inc. | ▼ | $810K |
Where RENX sits on the market map
Renx Enterprises Corp. (RENX) stock news
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Renx Enterprises Corp. (RENX) stock forecast FAQ
What is the Renx Enterprises Corp. (RENX) stock forecast?
Our AI ranks Renx Enterprises Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Renx Enterprises Corp. stock predictions?
For RENX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -32.0%, measured on 289 forecast dates between 2023-11-17 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -13.0%, measured on 332 forecast dates between 2023-11-17 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Renx Enterprises Corp. forecasts updated?
Renx Enterprises Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Renx Enterprises Corp.'s industry peers?
12 issuers in our coverage, RENX included, share the SEC industry code Refuse Systems. The largest are: Waste Management Inc (WM), Republic Services, Inc. (RSG), Waste Connections, Inc. (WCN), Gfl Environmental Inc. (GFL), Casella Waste Systems Inc (CWST), Enviri Corp (NVRI).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.