What is the best trade option for Ryan Specialty Holdings Inc (RYAN) stock?

A share price of Ryan Specialty Holdings Inc [RYAN] is currently trading at $65.02, up 4.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RYAN shares have gain 3.60% over the last week, with a monthly amount drifted -4.09%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Ryan Specialty Holdings Inc [NYSE: RYAN] stock has seen the most recent analyst activity on December 05, 2024, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $90. Previously, BMO Capital Markets upgraded its rating to Outperform on September 24, 2024, and elevated its price target to $75. On September 05, 2024, Barclays initiated with a Overweight rating and assigned a price target of $76 on the stock. Wells Fargo downgraded its rating to a Equal Weight and increased its price target to $60 on July 11, 2024. BofA Securities initiated its recommendation with a Buy and recommended $67 as its price target on May 22, 2024. Wolfe Research downgraded its rating to Peer Perform for this stock on May 06, 2024. In a note dated November 20, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $57 to $53.

Ryan Specialty Holdings Inc experienced fluctuations in its stock price throughout the past year between $41.86 and $75.97. Currently, Wall Street analysts expect the stock to reach $75.5 within the next 12 months. Ryan Specialty Holdings Inc [NYSE: RYAN] shares were valued at $65.02 at the most recent close of the market. An investor can expect a potential return of 16.12% based on the average RYAN price forecast.

Analyzing the RYAN fundamentals

Trailing Twelve Months sales for Ryan Specialty Holdings Inc [NYSE:RYAN] were 2.43B which represents 21.80% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.18 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.27.

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 62.74 points at the first support level, and at 60.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.32, and for the 2nd resistance point, it is at 67.63.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 7.01, the price to book ratio is 12.85 and price to earnings (TTM) ratio is 84.71.

Transactions by insiders

Recent insider trading involved LOUISE M CORTEZI FAM TRUST, Director, that happened on Jan 13 ’25 when 30100.0 shares were purchased. Director, LOUISE M CORTEZI FAMILY RESOUR completed a deal on Jan 13 ’25 to buy 4900.0 shares. Meanwhile, Director CORTEZI NICHOLAS DOMINIC sold 35000.0 shares on Dec 18 ’24.

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