The closing price of Ryerson Holding Corporation (NYSE: RYI) was $29.51 for the day, down -0.14% from the previous closing price of $29.55. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 123453 shares were traded. RYI stock price reached its highest trading level at $29.67 during the session, while it also had its lowest trading level at $29.05.
Our analysis of RYI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
On April 10, 2019, Deutsche Bank Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $10.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 19 when Lehner Edward J. sold 7,500 shares for $31.10 per share. The transaction valued at 233,250 led to the insider holds 515,776 shares of the business.
Kannan Molly D sold 4,410 shares of RYI for $116,115 on Aug 09. The CAO & Corporate Controller now owns 9,158 shares after completing the transaction at $26.33 per share. On May 13, another insider, PLATINUM EQUITY, LLC, who serves as the 10% Owner of the company, sold 5,113,022 shares for $29.62 each. As a result, the insider received 151,435,280 and left with 15,924,478 shares of the company.
As of this moment, Ryerson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.19, and their Forward P/E ratio for the next fiscal year is 9.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 1.24.
Stock Price History:
Over the past 52 weeks, RYI has reached a high of $44.09, while it has fallen to a 52-week low of $17.90. The 50-Day Moving Average of the stock is 28.60, while the 200-Day Moving Average is calculated to be 29.22.
RYI traded an average of 257.28K shares per day over the past three months and 176.19k shares per day over the past ten days. A total of 37.05M shares are outstanding, with a floating share count of 19.86M. Insiders hold about 1.40% of the company’s shares, while institutions hold 93.60% stake in the company. Shares short for RYI as of Oct 13, 2022 were 816.75k with a Short Ratio of 0.92M, compared to 666.42k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 5.42%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.08, RYI has a forward annual dividend rate of 0.64. Against a Trailing Annual Dividend Yield of 0.27%, it implies a Forward Annual Dividend Yield of 1.35%.
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of $2.44 for the current quarter, with a high estimate of $2.47 and a low estimate of $2.42, while EPS last year was $3.25. The consensus estimate for the next quarter is $0.9, with high estimates of $0.95 and low estimates of $0.85.
Analysts are recommending an EPS of between $13.03 and $13 for the fiscal current year, implying an average EPS of $13.01. EPS for the following year is $3.27, with 2 analysts recommending between $3.8 and $2.75.
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $1.5B to a low estimate of $1.49B. As of the current estimate, Ryerson Holding Corporation’s year-ago sales were $1.54B, an estimated decrease of -3.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.25B, a decrease of -18.70% less than the figure of -$3.20% in the same quarter last year. There is a high estimate of $1.25B for the next quarter, whereas the lowest estimate is $1.25B.
A total of 2 analysts have provided revenue estimates for RYI’s current fiscal year. The highest revenue estimate was $6.23B, while the lowest revenue estimate was $6.21B, resulting in an average revenue estimate of $6.22B. In the same quarter a year ago, actual revenue was $5.68B, up 9.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $4.68B in the next fiscal year. The high estimate is $4.77B and the low estimate is $4.6B. The average revenue growth estimate for next year is down -24.70% from the average revenue estimate for this year.