Ryerson (NYSE:RYZ) Rating Lowered to “Hold” at Wall Street Zen

Ryerson (NYSE:RYZ) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other research analysts also recently issued reports about the company. KeyCorp initiated coverage on Ryerson in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Finally, Zacks Research downgraded Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Ryerson Trading Down 0.2%

NYSE:RYZ opened at $29.55 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03. The stock has a market cap of $1.53 billion, a P/E ratio of -19.97 and a beta of 1.67. The company’s 50-day simple moving average is $27.00. Ryerson has a twelve month low of $19.34 and a twelve month high of $30.90.

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

Insider Transactions at Ryerson

In related news, EVP Mark S. Silver sold 11,174 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $27.91, for a total transaction of $311,866.34. Following the transaction, the executive vice president owned 120,181 shares of the company’s stock, valued at approximately $3,354,251.71. This represents a 8.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Molly D. Kannan sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $30.00, for a total transaction of $30,000.00. Following the sale, the chief accounting officer owned 24,636 shares in the company, valued at approximately $739,080. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 17,674 shares of company stock valued at $492,576. Insiders own 6.58% of the company’s stock.

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.