It Seems Ryerson Holding Corp (RYI) Will Go Up. Have Another Big Increase

September 17, 2017 - By Ellis Scott

Investors sentiment decreased to 0.89 in Q4 2016. 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.
Towle And, a Missouri-based fund reported 1.84M shares. Tiaa Cref Invest Mngmt holds 0% or 85,753 shares in its portfolio. 243,413 were accumulated by D E Shaw And Com. Ameriprise Fincl holds 0% or 30,308 shares. Walleye Trading Ltd Liability Corp reported 0% stake. Blackrock Limited Company has invested 0% in Ryerson Holding Corp (NYSE:RYI). Marshall Wace Llp owns 11,951 shares. Globeflex Capital L P invested in 151,870 shares or 0.51% of the stock. Jpmorgan Chase Co holds 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI) for 142,257 shares. The New York-based Amer Intll Gp has invested 0% in Ryerson Holding Corp (NYSE:RYI). Royal Commercial Bank Of Canada has 1,100 shares for 0% of their portfolio. Chicago Equity Partners Limited holds 0.04% of its portfolio in Ryerson Holding Corp (NYSE:RYI) for 118,800 shares. Citigroup stated it has 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI). Blackrock Japan Limited holds 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI) for 406 shares. Art Advisors Ltd Llc accumulated 0.02% or 24,883 shares.

Since March 24, 2017, it had 16 insider purchases, and 0 sales for $456,155 activity. Schnaufer Erich S bought $6,630 worth of Ryerson Holding Corp (NYSE:RYI) on Friday, March 24. 10,000 shares valued at $107,600 were bought by Larson Stephen P. on Tuesday, March 28. $46,250 worth of Ryerson Holding Corp (NYSE:RYI) shares were bought by Lehner Edward J.. silver mark s. also bought $7,950 worth of Ryerson Holding Corp (NYSE:RYI) shares. On Friday, May 5 Richardson Kevin D bought $52,750 worth of Ryerson Holding Corp (NYSE:RYI) or 5,000 shares. Burbach Michael bought $24,090 worth of stock 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.

Investors wait Ryerson Holding Corp (NYSE:RYI) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.38 EPS, up $0.10 or 35.71 % from last year’s $0.28 same quarter earnings. This translates into $14.13M profit for RYI giving the stock a 5.89 P/E. This is assuming the current $0.38 EPS is accurate. Ryerson Holding Corp’s Wall Street analysts see 1,800.00 % EPS growth, taking into account the $0.02 EPS reproted in the previous quarter,

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. As per Tuesday, April 19, the company rating was maintained by JP Morgan. The stock of Ryerson Holding Corp (NYSE:RYI) earned “Neutral” rating by JP Morgan on Thursday, August 11. The stock of Ryerson Holding Corp (NYSE:RYI) earned “Hold” rating by Jefferies on Thursday, September 15. The firm has “Hold” rating given on Wednesday, September 6 by Jefferies. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 5. On Monday, August 24 the stock rating was downgraded by Jefferies to “Hold”. BMO Capital Markets maintained Ryerson Holding Corp (NYSE:RYI) on Thursday, August 11 with “Market Perform” rating. Jefferies maintained Ryerson Holding Corp (NYSE:RYI) on Wednesday, September 16 with “Hold” rating. The firm earned “Hold” rating on Monday, June 5 by Jefferies. The company was maintained on Wednesday, July 19 by Jefferies.

More notable recent Ryerson Holding Corp (NYSE:RYI) news were published by: Prnewswire.com which released: “Ryerson Reports First Quarter 2017 Results” on May 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 Edward Lehner on Q1 2017 Results – Earnings Call …” on May 07, 2017. More interesting news about Ryerson Holding Corp (NYSE:RYI) were released by: Seekingalpha.com and their article: “Ryerson Holding’s (RYI) CEO Eddie Lehner on Q2 2017 Results – Earnings Call …” published on August 04, 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.