Rayonier Advanced Materials (RYAM) to Release Quarterly Earnings on Tuesday

Rayonier Advanced Materials (NYSE:RYAM) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.30) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Rayonier Advanced Materials Trading Up 4.6 %

NYSE RYAM opened at $7.41 on Monday. The firm has a market cap of $488.11 million, a P/E ratio of -5.79 and a beta of 3.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.73 and a quick ratio of 1.09. The stock’s 50-day moving average is $7.68 and its 200-day moving average is $8.02. Rayonier Advanced Materials has a one year low of $3.15 and a one year high of $10.28.

Wall Street Analyst Weigh In

RYAM has been the topic of a number of research analyst reports. Royal Bank of Canada raised their price target on Rayonier Advanced Materials from $10.00 to $12.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com raised Rayonier Advanced Materials from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd.

Insider Buying and Selling

In other news, Director Eric Bowen acquired 12,500 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average cost of $8.04 per share, for a total transaction of $100,500.00. Following the completion of the acquisition, the director now owns 12,500 shares in the company, valued at $100,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.14% of the stock is owned by corporate insiders.

Rayonier Advanced Materials Company Profile

Rayonier Advanced Materials Inc manufactures and sells cellulose specialty products in the United States, China, Latin America, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. It operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. The company’s products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers.