Investor’s Delight: Rayonier Advanced Materials Inc (RYAM) Closes Strong at 5.61, Up 2.56

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The closing price of Rayonier Advanced Materials Inc (NYSE: RYAM) was $5.61 for the day, up 2.56% from the previous closing price of $5.47. In other words, the price has increased by $2.56 from its previous closing price. On the day, 0.68 million shares were traded. RYAM stock price reached its highest trading level at $5.73 during the session, while it also had its lowest trading level at $5.4.

Ratios:

Our analysis of RYAM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.04.

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.

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 367881920 and an Enterprise Value of 1110909824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.71 whereas that against EBITDA is 7.707.

Stock Price History:

Over the past 52 weeks, RYAM has reached a high of $6.84, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is -1.58%, while the 200-Day Moving Average is calculated to be 27.44%.

Shares Statistics:

RYAM traded an average of 523.08K shares per day over the past three months and 472850 shares per day over the past ten days. A total of 65.39M shares are outstanding, with a floating share count of 62.52M. Insiders hold about 4.67% of the company’s shares, while institutions hold 78.55% stake in the company. Shares short for RYAM as of 1721001600 were 1106677 with a Short Ratio of 2.12, compared to 1718323200 on 1602697. Therefore, it implies a Short% of Shares Outstanding of 1106677 and a Short% of Float of 2.07.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.96.

Earnings Estimates

The stock of Rayonier Advanced Materials Inc (RYAM) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.05, with high estimates of $0.04 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.06 and -$0.34 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is $0.25, with 3.0 analysts recommending between $0.58 and $0.0.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $407.1M to a low estimate of $395.4M. As of the current estimate, Rayonier Advanced Materials Inc’s year-ago sales were $385.41MFor the next quarter, 3 analysts are estimating revenue of $399.93M. There is a high estimate of $411.6M for the next quarter, whereas the lowest estimate is $387M.

A total of 3 analysts have provided revenue estimates for RYAM’s current fiscal year. The highest revenue estimate was $1.64B, while the lowest revenue estimate was $1.6B, resulting in an average revenue estimate of $1.62B. In the same quarter a year ago, actual revenue was $1.64BBased on 3 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.69B and the low estimate is $1.59B.

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