News articles about Ryerson Holding Corporation (NYSE:RYI) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ryerson Holding Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 29 out of 100, indicating that recent media coverage is unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Ryerson Holding Corporation (NYSE:RYI) Trading Volume … – Highlight Press (highlightpress.com)
- Ryerson Holding Corp (RYI) Shares Close Above Parabolic SAR Line – Financial News Review (finnewsreview.com)
- Ryerson Holding Corporation (NYSE:RYI) Sees Significantly Higher Trading Volume – Highlight Press (highlightpress.com)
- KeyCorp Weighs in on Ryerson Holding Corporation’s Q2 2017 Earnings (NYSE:RYI) (americanbankingnews.com)
- FY2018 Earnings Estimate for Ryerson Holding Corporation Issued By KeyCorp (NYSE:RYI) (americanbankingnews.com)
Shares of Ryerson Holding Corporation (NYSE:RYI) traded down 0.55% during midday trading on Friday, reaching $9.00. 283,437 shares of the company were exchanged. Ryerson Holding Corporation has a 12-month low of $7.80 and a 12-month high of $19.71. The company has a 50 day moving average price of $9.22 and a 200-day moving average price of $11.38. The stock has a market capitalization of $334.58 million, a P/E ratio of 16.04 and a beta of 2.19.
Ryerson Holding Corporation (NYSE:RYI) last posted its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.06. Ryerson Holding Corporation had a negative return on equity of 61.00% and a net margin of 0.67%. The company had revenue of $814.50 million for the quarter, compared to analysts’ expectations of $788.38 million. On average, analysts forecast that Ryerson Holding Corporation will post $1.29 earnings per share for the current fiscal year.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Ryerson Holding Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. ValuEngine downgraded shares of Ryerson Holding Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $13.00 target price on shares of Ryerson Holding Corporation in a research note on Thursday, April 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.33.
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In other Ryerson Holding Corporation news, CEO Edward J. Lehner purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, May 30th. The shares were bought at an average cost of $8.76 per share, with a total value of $43,800.00. Following the acquisition, the chief executive officer now owns 115,470 shares in the company, valued at $1,011,517.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark S. Silver purchased 3,000 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was acquired at an average cost of $10.31 per share, for a total transaction of $30,930.00. Following the completion of the acquisition, the executive vice president now owns 11,360 shares in the company, valued at approximately $117,121.60. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 29,520 shares of company stock worth $272,186. 0.76% of the stock is owned by insiders.
Ryerson Holding Corporation Company Profile
Ryerson Holding Corporation is a service center company for carbon and stainless steel, as well as aluminum. The Company operates through metal service centers segment. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders.
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