Ryerson (NYSE:RYZ) Stock Rating Lowered by Zacks Research

Ryerson (NYSE:RYZ) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms also recently commented on RYZ. KeyCorp started coverage on shares of Ryerson in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Ryerson Stock Down 0.0%

Shares of RYZ stock opened at $27.75 on Wednesday. The business’s 50 day moving average is $26.97. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 2.21. Ryerson has a 12-month low of $19.34 and a 12-month high of $30.90. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of -18.75 and a beta of 1.63.

Ryerson (NYSE:RYZ) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. The business had revenue of $1.57 billion for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. As a group, equities analysts expect that Ryerson will post 1.1 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Mark S. Silver sold 11,174 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $27.91, for a total transaction of $311,866.34. Following the sale, the executive vice president owned 120,181 shares of the company’s stock, valued at $3,354,251.71. The trade was a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Molly D. Kannan sold 3,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $28.42, for a total transaction of $85,260.00. Following the completion of the sale, the chief accounting officer owned 25,636 shares in the company, valued at approximately $728,575.12. This trade represents a 10.48% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 17,674 shares of company stock valued at $492,576. 6.58% of the stock is owned by corporate insiders.

Ryerson Company Profile

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.