Alert: Positive Investment/Fundamental Signals (5/9/24)-Rayonier Advanced Materials Inc (NYSE: RYAM)

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Extremely important positive changes in investment behavior have recently occurred for Rayonier Advanced Materials Inc (NYSE: RYAM): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.

Moderate positive changes in fundamentals have recently occurred for Rayonier Advanced Materials Inc (NYSE: RYAM). Positive developments: the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly. Negative development: significant quarterly earnings deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

RYAM is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Rayonier Advanced Materials has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rayonier Advanced Materials has a very high Appreciation Score of 89 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.

Recent Price Action

Rayonier Advanced Materials Inc (NYSE: RYAM) stock closed at $4.44 on 5/9/24 after a very large increase of 9.1%. Moreover, trading volume in this advance was exceptionally high at 205% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.3% during the last week.

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