Ryerson (NYSE:RYZ) Lowered to “Hold” Rating by Wall Street Zen

Ryerson (NYSE:RYZ) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Other equities analysts also recently issued reports about the company. Zacks Research downgraded Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. Finally, KeyCorp started coverage on shares of Ryerson in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Ryerson has a consensus rating of “Sell”.

Ryerson Stock Up 0.5%

Shares of Ryerson stock opened at $29.55 on Friday. Ryerson has a fifty-two week low of $19.34 and a fifty-two week high of $30.90. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -19.97 and a beta of 1.67. The business’s fifty day simple moving average is $27.00. The company has a current ratio of 2.21, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70.

Ryerson (NYSE:RYZ) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $1.57 billion for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. Equities research analysts anticipate that Ryerson will post 1.1 EPS for the current year.

Insider Transactions at Ryerson

In other Ryerson news, EVP Mark S. Silver sold 11,174 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the completion of the sale, the executive vice president directly owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Molly D. Kannan sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the completion of the transaction, the chief accounting officer owned 24,636 shares in the company, valued at approximately $739,080. This trade represents a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 17,674 shares of company stock valued at $492,576. 6.58% of the stock is owned by company insiders.

About Ryerson

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.