Rayonier Advanced Materials Inc (NYSE: RYAM) closed the day trading at $3.91 up 3.44% from the previous closing price of $3.78. In other words, the price has increased by $+0.1300 from its previous closing price. On the day, 725985 shares were traded.
Ratios:
For a better understanding of RYAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 1.03.
On January 10, 2023, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $9 to $8.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on July 18, 2022, whereas the target price for the stock was revised from $6 to $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 01 when Posze James L Jr bought 3,000 shares for $3.51 per share. The transaction valued at 10,530 led to the insider holds 192,286 shares of the business.
Hicks Joshua C. bought 10,000 shares of RYAM for $36,500 on May 30. The SVP, High Purity Cellulose now owns 89,595 shares after completing the transaction at $3.65 per share. On May 25, another insider, Hicks Joshua C., who serves as the SVP, High Purity Cellulose of the company, bought 10,000 shares for $3.96 each. As a result, the insider paid 39,600 and bolstered with 79,595 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RYAM now has a Market Capitalization of 247.00M and an Enterprise Value of 948.00M. 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 0.34. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 11.56.
Stock Price History:
Over the past 52 weeks, RYAM has reached a high of $8.65, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is 4.2462, while the 200-Day Moving Average is calculated to be 3.7749.
Shares Statistics:
Over the past 3-months, RYAM traded about 553.52K shares per day on average, while over the past 10 days, RYAM traded about 760.31k shares per day. A total of 65.39M shares are outstanding, with a floating share count of 62.80M. Insiders hold about 3.97% of the company’s shares, while institutions hold 70.34% stake in the company. Shares short for RYAM as of Feb 15, 2024 were 2.23M with a Short Ratio of 4.02, compared to 1.7M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.41% and a Short% of Float of 4.19%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.1, while EPS last year was $0.05. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.01 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.69 and -$0.73 for the fiscal current year, implying an average EPS of -$0.71. EPS for the following year is -$0.34, with 3 analysts recommending between -$0.32 and -$0.37.
Revenue Estimates
3 analysts predict $422M in revenue for the current quarter. It ranges from a high estimate of $442.4M to a low estimate of $373M. As of the current estimate, Rayonier Advanced Materials Inc’s year-ago sales were $500M, an estimated decrease of -15.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $429.87M, a decrease of -4.20% over than the figure of -$15.60% in the same quarter last year. There is a high estimate of $483M for the next quarter, whereas the lowest estimate is $402M.
A total of 3 analysts have provided revenue estimates for RYAM’s current fiscal year. The highest revenue estimate was $1.66B, while the lowest revenue estimate was $1.59B, resulting in an average revenue estimate of $1.64B. In the same quarter a year ago, actual revenue was $1.72B, down -4.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.68B in the next fiscal year. The high estimate is $1.73B and the low estimate is $1.61B. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.
