A share price of Ryerson Holding Corp [RYI] is currently trading at $20.76, up 0.48%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RYI shares have gain 14.57% over the last week, with a monthly amount drifted -5.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ryerson Holding Corp [NYSE: RYI] stock has seen the most recent analyst activity on July 05, 2023, when BMO Capital Markets downgraded its rating to a Market Perform but kept the price target unchanged to $45 for it. On April 10, 2019, downgrade downgraded it’s rating to Hold but maintained its price target of $10 on the stock. Deutsche Bank upgraded its rating to a Buy. KeyBanc Capital Mkts downgraded its rating to a Sector Weight. KeyBanc Capital Mkts upgraded its rating to Overweight for this stock on January 09, 2017. In a note dated March 01, 2016, BofA/Merrill downgraded an Underperform rating on this stock.
Ryerson Holding Corp experienced fluctuations in its stock price throughout the past year between $17.18 and $36.15. Currently, Wall Street analysts expect the stock to reach $36.5 within the next 12 months. Ryerson Holding Corp [NYSE: RYI] shares were valued at $20.76 at the most recent close of the market. An investor can expect a potential return of 75.82% based on the average RYI price forecast.
Analyzing the RYI fundamentals
Trailing Twelve Months sales for Ryerson Holding Corp [NYSE:RYI] were 4.70B which represents -9.63% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.
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 20.56 points at the first support level, and at 20.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.05, and for the 2nd resistance point, it is at 21.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ryerson Holding Corp [NYSE:RYI] is 2.22. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.14, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 34.25.
Transactions by insiders
Recent insider trading involved Silver Mark S., EVP, GC & CHRO, that happened on Nov 15 ’24 when 9000.0 shares were sold. Officer, Silver Mark S. completed a deal on Nov 15 ’24 to buy 9000.0 shares. Meanwhile, CAO & Corporate Controller Kannan Molly D sold 4344.0 shares on Nov 11 ’24.
