Daily Progress: Rayonier Inc (RYN) Drop -1.99, Closing at 23.20

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In the latest session, Rayonier Inc (NYSE: RYN) closed at $23.20 down -1.99% from its previous closing price of $23.67. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 1.75 million shares were traded.

Ratios:

For a deeper understanding of Rayonier Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.39. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.55.

On November 02, 2023, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $32.

On May 16, 2023, Truist started tracking the stock assigning a Hold rating and target price of $33.Truist initiated its Hold rating on May 16, 2023, with a $33 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when Martin V. Larkin sold 11,998 shares for $30.66 per share. The transaction valued at 367,859 led to the insider holds 28,170 shares of the business.

Martin V. Larkin sold 10,011 shares of RYN for $306,036 on Sep 11 ’24. The Director now owns 40,168 shares after completing the transaction at $30.57 per share. On Sep 12 ’24, another insider, Martin V. Larkin, who serves as the Director of the company, bought 11,998 shares for $30.66 each.

Valuation Measures:

As of this moment, Rayonier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.97, and their Forward P/E ratio for the next fiscal year is 36.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 1.89.

Stock Price History:

Over the past 52 weeks, RYN has reached a high of $30.66, while it has fallen to a 52-week low of $22.80. The 50-Day Moving Average of the stock is -11.29%, while the 200-Day Moving Average is calculated to be -15.59%.

Shares Statistics:

A total of 156.01M shares are outstanding, with a floating share count of 154.58M. Insiders hold about 0.95% of the company’s shares, while institutions hold 89.56% stake in the company.

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