Rayonier Advanced Materials Inc. (RYAM): What's the Story?

Marco Green
April 19, 2018

Altimeter Capital Management Lp sold 25,000 shares as the company's stock rose 10.89% while stock markets declined. That value represents a market adjusting for revenues that have been growing by 51.15 % on a quarterly year/year basis as of the company's last quarterly report. The company was maintained on Wednesday, February 3 by RBC Capital Markets. The stock decreased 1.16% or $1.19 during the last trading session, reaching $101.21. About 193,716 shares traded. Since April 19, 2017 RYAM has risen 69.18% and is uptrending. It has outperformed by 27.91% the S&P500. (NYSE:RYAM) PTs and latest ratings. Linden Advisors Lp bought 316,336 shares as the company's stock rose 5.81% while stock markets declined.

The Company ended its previous trading session at $22.01 with the gain of 2.9%. The company has market cap of $1.16 billion. The company now has an average volume of 927.39 Million.

Analysts are expecting average earnings estimates of $0.45 for the current quarter based on the opinion of 5 analysts, relating to high earnings per share estimates of $0.51 and low estimates of $0.39, however Rayonier Advanced Materials Inc (NYSE:RYAM) reported $0.15 earnings per share for the same quarter past year. (NYSE:RYAM) has 3 ratings reports on April 19, 2018 according to StockzIntelligence. The stock outperformed the S&P500 by 57.63%.

Linden Advisors Lp, which manages about $2.03 billion and $3.38B US Long portfolio, decreased its stake in Kadmon Holdings Inc by 473,414 shares to 526,586 shares, valued at $1.91 million in 2017Q4, according to the filing.

Rayonier Advanced Materials Inc (NYSE:RYAM) has earned a consensus rating of "Hold" from the seven ratings firms that are covering the firm. Therefore 67% are positive. These Revenue projections are a consensus of 4 Analysts. The firm has "Market Perform" rating by Citigroup given on Friday, August 21. Vertical Research upgraded the shares of RYAM in report on Monday, May 29 to "Buy" rating. The Relative Volume value measured for Rayonier Advanced Materials Inc. stands at 1.67. (RYAM) now trades with a market capitalization of $1.15 Billion. The firm earned "Buy" rating on Monday, September 25 by RBC Capital Markets.

Looking at the Analyst Recommendations of the stock, 3 Analysts issued a Buy for MoSys, 1 gave Outperform, 1 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. Vertical Research downgraded Rayonier Advanced Materials Inc.

Currently Rayonier Advanced Materials Inc (NYSE:RYAM)'s shares owned by insiders are 1.4%, whereas shares owned by institutional owners are 95.2%. Rayonier Advanced Materials had a return on equity of 16.99% and a net margin of 33.92%. (NYSE:RYAM) rating on Wednesday, February 21. That suggests something of the likelihood of a short squeeze in shares of RYAM.

Since October 17, 2017, it had 3 buys, and 143 insider sales for $88.00 million activity. $774,008 worth of stock was sold by Harris Parker on Tuesday, October 17. (NYSE:CRM) shares were sold by Martinez Maria. Train Babcock Advsrs Limited Liability has 0.99% invested in Danaher Corporation (NYSE:DHR) for 24,256 shares. It worsened, as 50 investors sold DHR shares while 376 reduced holdings.

Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 89% are positive. Salesforce.com had 231 analyst reports since August 21, 2015 according to SRatingsIntel. (NYSE:RYAM) on Thursday, June 1 to "Hold" rating. The stock of salesforce.com, inc. On Thursday, January 12 the stock rating was maintained by Dougherty & Company with "Buy". As per Wednesday, February 1, the company rating was maintained by Needham. Barclays Capital maintained the stock with "Overweight" rating in Thursday, November 2 report. The stock has "Buy" rating by Vertical Research on Monday, May 29. Robert W. Baird maintained Danaher Corporation (NYSE:DHR) rating on Friday, October 20. As per Wednesday, August 16, the company rating was maintained by Stifel Nicolaus. Pacific Crest reinitiated the shares of AEIS in report on Monday, January 4 with "Sector Weight" rating. The firm has "Overweight" rating by Morgan Stanley given on Tuesday, April 10.

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