Rayonier Advanced Materials (RYAM) Set to Announce Quarterly Earnings on Monday

Rayonier Advanced Materials (NYSE:RYAM) is set to issue its quarterly earnings data after the market closes on Monday, January 29th.

Rayonier Advanced Materials (NYSE:RYAM) last announced its quarterly earnings data on Wednesday, November 1st. The basic materials company reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The company had revenue of $210.00 million for the quarter, compared to the consensus estimate of $200.66 million. Rayonier Advanced Materials had a return on equity of 18.12% and a net margin of 4.98%. Rayonier Advanced Materials’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS. On average, analysts expect Rayonier Advanced Materials to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Rayonier Advanced Materials (RYAM) opened at $19.33 on Monday. The company has a market capitalization of $836.54, a price-to-earnings ratio of 30.20, a price-to-earnings-growth ratio of 2.20 and a beta of 4.42. The company has a debt-to-equity ratio of 2.19, a current ratio of 1.46 and a quick ratio of 1.20. Rayonier Advanced Materials has a 12-month low of $11.88 and a 12-month high of $20.99.

RYAM has been the topic of several research analyst reports. Royal Bank of Canada reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Rayonier Advanced Materials in a research report on Monday, September 25th. Zacks Investment Research raised Rayonier Advanced Materials from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 8th. ValuEngine downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. TheStreet raised Rayonier Advanced Materials from a “c” rating to a “b” rating in a research report on Wednesday, December 13th. Finally, Vertical Research downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $20.00.

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Rayonier Advanced Materials Company Profile

Rayonier Advanced Materials Inc is engaged in the production of cellulose specialties. The Company’s product lines include cellulose specialties and commodity products. Its products are used in manufacturing processes. The Company’s products are sold throughout the world to companies for use in various industrial applications, and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics.

Earnings History for Rayonier Advanced Materials (NYSE:RYAM)

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