Ryerson Holding Corp (RYI) Stock Is Rising Now

September 17, 2017 - By Vivian Park

Investors sentiment decreased to 0.89 in 2016 Q4. Its down 1.96, from 2.85 in 2016Q3. It dived, as 18 investors sold Ryerson Holding Corp shares while 38 reduced holdings. 18 funds opened positions while 32 raised stakes. 14.40 million shares or 0.79% more from 14.29 million shares in 2016Q3 were reported.
Marshall Wace Ltd Liability Partnership invested in 0% or 11,951 shares. Victory Cap Mgmt Inc holds 0% or 71,935 shares. California State Teachers Retirement System accumulated 25,912 shares. First Heartland Consultants has 0.35% invested in Ryerson Holding Corp (NYSE:RYI). National Bank Of America De reported 0% in Ryerson Holding Corp (NYSE:RYI). Blackrock Japan Ltd holds 0% in Ryerson Holding Corp (NYSE:RYI) or 406 shares. Towle & holds 1.84M shares or 3.28% of its portfolio. Int Grp Inc Inc Inc owns 6,268 shares or 0% of their US portfolio. Bnp Paribas Arbitrage accumulated 2,849 shares or 0% of the stock. Walleye Trading Ltd Limited Liability Company has invested 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI). Jacobs Levy Equity Mgmt has 29,827 shares for 0.01% of their portfolio. Paradigm Asset Mngmt Com Limited Liability Com, a New York-based fund reported 19,800 shares. Globeflex Cap L P owns 151,870 shares. Numeric Investors Lc accumulated 157,862 shares. New York-based Highbridge Capital Mngmt Ltd Liability Corporation has invested 0.02% in Ryerson Holding Corp (NYSE:RYI).

Since March 24, 2017, it had 16 insider buys, and 0 insider sales for $456,155 activity. On Friday, May 5 Lehner Edward J. bought $38,533 worth of Ryerson Holding Corp (NYSE:RYI) or 3,940 shares. Larson Stephen P. had bought 10,000 shares worth $107,600. Schnaufer Erich S bought $6,630 worth of stock or 600 shares. 5,000 shares valued at $52,750 were bought by Richardson Kevin D on Friday, May 5. On Friday, May 5 silver mark s. bought $30,930 worth of Ryerson Holding Corp (NYSE:RYI) or 3,000 shares.

The stock of Ryerson Holding Corp (NYSE:RYI) is a huge mover today! The stock increased 4.07% or $0.35 on September 15, reaching $8.95. About 323,954 shares traded or 8.96% up from the average. Ryerson Holding Corp (NYSE:RYI) has declined 22.89% since September 17, 2016 and is downtrending. It has underperformed by 39.59% the S&P500.
The move comes after 9 months positive chart setup for the $332.73 million company. It was reported on Sep, 17 by Barchart.com. We have $9.76 PT which if reached, will make NYSE:RYI worth $29.95 million more.

Analysts await Ryerson Holding Corp (NYSE:RYI) to report earnings on November, 1. They expect $0.38 earnings per share, up 35.71 % or $0.10 from last year’s $0.28 per share. RYI’s profit will be $14.13 million for 5.89 P/E if the $0.38 EPS becomes a reality. After $0.02 actual earnings per share reported by Ryerson Holding Corp for the previous quarter, Wall Street now forecasts 1,800.00 % EPS growth.

Ryerson Holding Corp (NYSE:RYI) Ratings Coverage

Among 6 analysts covering Ryerson Holding (NYSE:RYI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Ryerson Holding had 22 analyst reports since August 14, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Monday, December 5 report. The stock of Ryerson Holding Corp (NYSE:RYI) has “Neutral” rating given on Thursday, August 11 by JP Morgan. Jefferies maintained it with “Hold” rating and $12 target in Thursday, September 15 report. Jefferies maintained the shares of RYI in report on Wednesday, July 19 with “Hold” rating. The firm has “Hold” rating by Deutsche Bank given on Monday, October 5. As per Friday, April 21, the company rating was maintained by BMO Capital Markets. The rating was reinitiated by Jefferies with “Hold” on Wednesday, January 13. Jefferies maintained the stock with “Hold” rating in Thursday, July 6 report. The rating was maintained by BMO Capital Markets on Thursday, August 11 with “Market Perform”. The firm has “Overweight” rating given on Monday, January 9 by KeyBanc Capital Markets.

More notable recent Ryerson Holding Corp (NYSE:RYI) news were published by: Nasdaq.com which released: “Ryerson Holding Corp. Q2 Earnings Drop 96%” on August 03, 2017, also Prnewswire.com with their article: “Ryerson Acquires Guy Metals” published on February 15, 2017, Seekingalpha.com published: “Ryerson Holding’s (RYI) CEO Eddie Lehner on Q2 2017 Results – Earnings Call …” on August 04, 2017. More interesting news about Ryerson Holding Corp (NYSE:RYI) were released by: Seekingalpha.com and their article: “Ryerson Holding’s (RYI) CEO Edward Lehner on Q1 2017 Results – Earnings Call …” published on May 07, 2017 as well as Prnewswire.com‘s news article titled: “Ryerson Provides Second Quarter 2017 Guidance and Announces Conference Call to …” with publication date: June 27, 2017.

Ryerson Holding Corporation is a service center firm for carbon and stainless steel, as well as aluminum. The company has market cap of $332.73 million. The Firm operates through metal service centers segment. It has a 21.85 P/E ratio. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.