Rayonier Advanced Materials (NYSE:RYAM) will release its earnings data after the market closes on Wednesday, February 13th. Analysts expect Rayonier Advanced Materials to post earnings of $0.37 per share for the quarter.
Shares of RYAM opened at $14.07 on Tuesday. The firm has a market capitalization of $733.23 million, a price-to-earnings ratio of 14.51, a PEG ratio of 0.24 and a beta of 3.59. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.26 and a current ratio of 2.32. Rayonier Advanced Materials has a 1 year low of $9.45 and a 1 year high of $22.96.
Several brokerages have issued reports on RYAM. ValuEngine upgraded Rayonier Advanced Materials from a “strong sell” rating to a “sell” rating in a research note on Friday, January 25th. Zacks Investment Research lowered Rayonier Advanced Materials from a “buy” rating to a “strong sell” rating in a research note on Thursday, October 18th. Finally, Bank of America decreased their price objective on Rayonier Advanced Materials from $26.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday, October 15th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $21.67.
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Rayonier Advanced Materials Company Profile
Rayonier Advanced Materials Inc manufactures and sells cellulose specialty products in the United States, China, Japan, Europe, Latin America, other Asian countries, Canada, and internationally. The company operates through High Purity Cellulose, Forest Products, and Pulp & Paper segments. Its products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as cigarette filters, liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers.
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