In the latest session, Rayonier Advanced Materials Inc (NYSE: RYAM) closed at $4.59 down -4.57% from its previous closing price of $4.81. In other words, the price has decreased by -$0.2200 from its previous closing price. On the day, 596021 shares were traded.
Ratios:
For a deeper understanding of Rayonier Advanced Materials 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 3.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.91. 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:
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 Jun 01 ’23 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 ’23. The SVP, High Purity Cellulose now owns 89,595 shares after completing the transaction at $3.65 per share. On May 25 ’23, 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 314.56M and an Enterprise Value of 1.02B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.62 whereas that against EBITDA is 12.50.
Stock Price History:
Over the past 52 weeks, RYAM has reached a high of $5.97, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is 4.3206, while the 200-Day Moving Average is calculated to be 3.8007.
Shares Statistics:
For the past three months, RYAM has traded an average of 514.28K shares per day and 422.98k over the past ten days. A total of 65.39M shares are outstanding, with a floating share count of 62.86M. Insiders hold about 3.89% of the company’s shares, while institutions hold 70.46% stake in the company. Shares short for RYAM as of Mar 15, 2024 were 3.4M with a Short Ratio of 5.88, compared to 2.23M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.20% and a Short% of Float of 6.40%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.19, while EPS last year was $0.02. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.07 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.32 and -$0.55 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is $0.14, with 3 analysts recommending between $0.3 and -$0.05.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $429.87M this quarter.It ranges from a high estimate of $483M to a low estimate of $402M. As of the current estimate, Rayonier Advanced Materials Inc’s year-ago sales were $448.78M, an estimated decrease of -4.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $404.47M, an increase of 4.90% over than the figure of -$4.20% in the same quarter last year. There is a high estimate of $417.3M for the next quarter, whereas the lowest estimate is $383M.
A total of 3 analysts have provided revenue estimates for RYAM’s current fiscal year. The highest revenue estimate was $1.73B, while the lowest revenue estimate was $1.61B, resulting in an average revenue estimate of $1.68B. In the same quarter a year ago, actual revenue was $1.64B, up 2.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.76B in the next fiscal year. The high estimate is $1.85B and the low estimate is $1.65B. The average revenue growth estimate for next year is up 4.80% from the average revenue estimate for this year.
