As of close of business last night, Rayonier Advanced Materials Inc’s stock clocked out at $3.42, down -21.20% from its previous closing price of $4.34. In other words, the price has decreased by -$0.9200 from its previous closing price. On the day, 1758051 shares were traded. RYAM stock price reached its highest trading level at $3.8400 during the session, while it also had its lowest trading level at $3.1500.
Ratios:
To gain a deeper understanding of RYAM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.01.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 283.59M and an Enterprise Value of 1.01B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 6.18.
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 4.2606, while the 200-Day Moving Average is calculated to be 3.7908.
Shares Statistics:
It appears that RYAM traded 508.26K shares on average per day over the past three months and 464.98k shares per day over the past ten days. A total of 64.02M shares are outstanding, with a floating share count of 62.75M. Insiders hold about 3.97% of the company’s shares, while institutions hold 70.39% stake in the company. Shares short for RYAM as of Feb 15, 2024 were 2.23M with a Short Ratio of 4.38, 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
As of right now, 3 analysts gave their recommendation on the stock of the company. 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 -$0.03, with high estimates of $0.04 and low estimates of -$0.1.
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 -$0.3, with 2 analysts recommending between -$0.24 and -$0.37.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $422M. 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, 2 analysts are estimating revenue of $431.3M, a decrease of -3.90% over than the figure of -$15.60% in the same quarter last year. There is a high estimate of $472.6M for the next quarter, whereas the lowest estimate is $390M.
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 $1.71B in the next fiscal year. The high estimate is $1.84B and the low estimate is $1.62B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
