Jueves, 23 Marcha, 2017

The FY2017 EPS Estimates for Ryerson Holding Corp (RYI) Increased by Analyst

Ryerson Holding Corp Brokers Offer Predictions for Ryerson Holding Corp's Q2 2017 Earnings (RYI)
Manuel Armenta | 21 Marcha, 2017, 00:54

Stock market analysts watching Ryerson Holding Corporation (NYSE:RYI) have recently changed their ratings on the stock.

Ryerson Holding Corporation was upgraded to "overweight" by analysts at KeyBanc. The Company's operations cover a range of industries including industrial equipment manufacturing industrial fabrication electrical machinery production transportation equipment manufacturing heavy equipment manufacturing and oil and gas.

Dana Holding Corporation had its "market perform" rating reiterated by analysts at FBR Capital Markets.

A number of other brokerages also recently issued reports on RYI. Finally, KeyCorp raised shares of Ryerson Holding Corp from a "sector weight" rating to an "overweight" rating and set a $18.00 price target for the company in a report on Monday, January 9th. Deutsche Bank AG set a $18.00 price target on Ryerson Holding Corp and gave the stock a "buy" rating in a report on Monday, December 5th.

Based on the latest notes released to investors, 1 analyst has issued a rating of "buy", 2 analysts "outperform", 3 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". They now have a United States dollars 17 price target on the stock.

Ryerson Holding Corporation (NYSE:RYI) last session's volume of 0.36 million shares was higher than its average volume of 0.25 million shares. Ryerson Holding Corp has a 52-week low of $4.35 and a 52-week high of $19.71. The company's 50 day moving average price is $10.94 and its 200-day moving average price is $11.78. Ryerson Holding Corp had a negative return on equity of 20.28% and a net margin of 0.24%. The business had revenue of $682.20 million for the quarter, compared to analysts' expectations of $692.88 million. The business's revenue was up 2.0% compared to the same quarter previous year.

Ryerson Holding Corporation has a consensus outperform rating from 6 Wall Street analysts, and the number of shares now sold short amount to at least 2.23% of shares outstanding. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of US and worldwide copyright and trademark legislation.

Shares of Ryerson Holding Corp (NYSE:RYI) have been given an average recommendation of "Hold" by the six ratings firms that are now covering the firm.

Several Insider Transactions has been reported to the SEC. Spark Investment Management LLC increased its position in shares of Ryerson Holding Corp by 27.8% in the third quarter. USA Financial Portformulas Corp bought a new position in Ryerson Holding Corp during the third quarter worth approximately $155,000. Acrospire Investment Management LLC increased its position in shares of Ryerson Holding Corp by 41.6% in the third quarter. Spark Investment Management LLC now owns 659,900 shares of the company's stock valued at $7,450,000 after buying an additional 143,600 shares in the last quarter. Smith Asset Management Group LP now owns 23,790 shares of the company's stock valued at $269,000 after buying an additional 1,090 shares in the last quarter.

Ryerson Holding Corporation (Ryerson Holding) is a service center company for carbon and stainless steel, as well as aluminum.

Ryerson Holding Corporation (Ryerson Holding) is a service center company for carbon and stainless steel, as well as aluminum.