
Rayonier Advanced Materials Inc. (NYSE:RYAM – Free Report) – Equities researchers at Sidoti reduced their FY2026 earnings per share estimates for Rayonier Advanced Materials in a note issued to investors on Thursday, August 6th. Sidoti analyst D. Harriman now expects that the basic materials company will earn ($1.47) per share for the year, down from their previous forecast of ($1.16). The consensus estimate for Rayonier Advanced Materials’ current full-year earnings is ($1.47) per share. Sidoti also issued estimates for Rayonier Advanced Materials’ Q1 2027 earnings at $0.18 EPS.
Rayonier Advanced Materials (NYSE:RYAM – Get Free Report) last issued its earnings results on Tuesday, August 4th. The basic materials company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.08). The business had revenue of $376.14 million for the quarter, compared to the consensus estimate of $362.00 million. Rayonier Advanced Materials had a negative return on equity of 46.19% and a negative net margin of 9.53%.
Rayonier Advanced Materials Trading Down 3.0%
Shares of Rayonier Advanced Materials stock opened at $8.75 on Monday. The company has a debt-to-equity ratio of 3.83, a current ratio of 1.37 and a quick ratio of 0.85. The business has a fifty day simple moving average of $8.26 and a two-hundred day simple moving average of $9.00. Rayonier Advanced Materials has a 1 year low of $4.27 and a 1 year high of $11.85. The company has a market capitalization of $591.85 million, a price-to-earnings ratio of -4.17 and a beta of 1.77.
Institutional Trading of Rayonier Advanced Materials
A number of hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its holdings in shares of Rayonier Advanced Materials by 754.4% during the second quarter. Osaic Holdings Inc. now owns 7,963 shares of the basic materials company’s stock worth $31,000 after buying an additional 7,031 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new stake in shares of Rayonier Advanced Materials during the 2nd quarter valued at $37,000. Graham Capital Management L.P. acquired a new stake in shares of Rayonier Advanced Materials during the 4th quarter valued at $76,000. Dynamic Technology Lab Private Ltd bought a new stake in Rayonier Advanced Materials during the 4th quarter worth $86,000. Finally, Balyasny Asset Management L.P. bought a new stake in Rayonier Advanced Materials during the 4th quarter worth $117,000. Institutional investors and hedge funds own 68.64% of the company’s stock.
About Rayonier Advanced Materials
Rayonier Advanced Materials, Inc is a publicly traded specialty bioproducts company focused on the production of high-purity cellulose and engineered wood products. Headquartered in Jacksonville, Florida, the company operates a network of manufacturing facilities across North America, New Zealand and Europe. Its cellulose specialties business produces dissolving pulps and high-purity fibers that serve a range of end markets, including food and beverage, personal care, pharmaceuticals and textiles.
Recommended Stories
- Five stocks we like better than Rayonier Advanced Materials
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
Receive News & Ratings for Rayonier Advanced Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rayonier Advanced Materials and related companies with MarketBeat.com's FREE daily email newsletter.
