Rayonier Advanced Materials Inc (NYSE: RYAM) has reported E.P.S. of $-0.49 for its third fiscal quarter (ending September 30) versus $-0.41 for the same period a year ago — an increase of 20%. For the latest four quarters through September 30, E.P.S. were $-1.34 compared to $-0.56 a year ago — an increase of 139%.
Recent Price Action
Rayonier Advanced Materials Inc (NYSE: RYAM) stock closed at $8.13 on 11/5/24 after being unchanged was unchanged. Moreover, this flat performance was accompanied by unusually high trading volume at 169% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Rayonier Advanced Materials has a slightly positive Appreciation Score of 64 and a very high Power Rating of 100, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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