Rayonier Inc. [RYN] stock prices are up 0.19% to $30.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RYN shares have gain 1.28% over the last week, with a monthly amount drifted -0.99%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Rayonier Inc. [NYSE: RYN] stock has seen the most recent analyst activity on November 02, 2023, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $32 for it. Previously, Truist started tracking the stock with Hold rating on May 16, 2023, and set its price target to $33. On December 15, 2020, downgrade downgraded it’s rating to Mkt Perform. Citigroup downgraded its rating to a Neutral but stick to its price target of $31 on August 10, 2020. Citigroup upgraded its rating to a Buy and reduced its price target to $29 on March 27, 2020. DA Davidson upgraded its rating to Buy for this stock on November 01, 2019. In a note dated April 02, 2019, Seaport Global Securities initiated an Neutral rating.
The stock price of Rayonier Inc. [RYN] has been fluctuating between $24.48 and $35.29 over the past year. Currently, Wall Street analysts expect the stock to reach $32.5 within the next 12 months. Rayonier Inc. [NYSE: RYN] shares were valued at $30.87 at the most recent close of the market. An investor can expect a potential return of 5.28% based on the average RYN price forecast.
Analyzing the RYN fundamentals
The Rayonier Inc. [NYSE:RYN] reported sales of 1.01B for trailing twelve months, representing a drop of -16.88%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.54 points at the first support level, and at 30.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.29, and for the 2nd resistance point, it is at 31.71.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.55, the price to book ratio is 2.55 and price to earnings (TTM) ratio is 31.16.
