Wall Street Zen Upgrades Ryerson (NYSE:RYZ) to “Buy”

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

A number of other analysts also recently issued reports on RYZ. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. KeyCorp initiated coverage on Ryerson in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Finally, Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Ryerson Trading Down 0.8%

Shares of RYZ opened at $27.59 on Friday. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of -18.65 and a beta of 1.63. The firm has a fifty day moving average price of $27.04. Ryerson has a twelve month low of $19.34 and a twelve month high of $30.90. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03.

Ryerson (NYSE:RYZ) last issued its earnings results on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. The firm had revenue of $1.57 billion during the quarter. Ryerson had a negative net margin of 0.93% and a negative return on equity of 3.43%. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, analysts predict that Ryerson will post 1.1 earnings per share for the current fiscal year.

Insider Transactions at Ryerson

In related news, CAO Molly D. Kannan sold 1,000 shares of the company’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 sale, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at $739,080. This represents a 3.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $27.91, for a total value of $311,866.34. Following the transaction, the executive vice president owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,674 shares of company stock worth $492,576 in the last quarter. Insiders own 6.58% of the company’s stock.

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.