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The closing price of Rayonier Advanced Materials Inc (NYSE: RYAM) was $4.13 for the day, up 6.17% from the previous closing price of $3.89. In other words, the price has increased by $6.17 from its previous closing price. On the day, 0.85 million shares were traded. RYAM stock price reached its highest trading level at $4.14 during the session, while it also had its lowest trading level at $3.9.
Ratios:
Our analysis of RYAM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.47. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 270094176 and an Enterprise Value of 990947968. 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 0.36. Its current Enterprise Value per Revenue stands at 0.603 whereas that against EBITDA is 6.761.
Stock Price History:
The Beta on a monthly basis for RYAM is 3.05, which has changed by -0.21482891 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, RYAM has reached a high of $5.76, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is -3.30%, while the 200-Day Moving Average is calculated to be 8.54%.
Shares Statistics:
RYAM traded an average of 495.71K shares per day over the past three months and 397980 shares per day over the past ten days. A total of 65.39M shares are outstanding, with a floating share count of 62.49M. Insiders hold about 4.66% of the company’s shares, while institutions hold 70.23% stake in the company. Shares short for RYAM as of 1713139200 were 3019078 with a Short Ratio of 6.09, compared to 1710460800 on 3402787. Therefore, it implies a Short% of Shares Outstanding of 3019078 and a Short% of Float of 5.6799997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.96.
Earnings Estimates
The firm’s stock currently is rated by 3.0 analysts. On average, analysts expect EPS of -$0.1 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 -$0.09, with high estimates of -$0.04 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.2 and -$0.55 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is $0.15, with 3.0 analysts recommending between $0.33 and -$0.05.
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 $483M to a low estimate of $402M. As of the current estimate, Rayonier Advanced Materials Inc’s year-ago sales were $448.78MFor the next quarter, 3 analysts are estimating revenue of $406.67M. There is a high estimate of $423.9M 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 $1.69B. In the same quarter a year ago, actual revenue was $1.64BBased on 3 analysts’ estimates, the company’s revenue will be $1.77B in the next fiscal year. The high estimate is $1.87B and the low estimate is $1.65B.
