Ryerson Holding Corp (RYI) Can’t Be More Safe. Trades Significantly Higher

September 17, 2017 - By Henry Gaston

Investors sentiment decreased to 0.89 in Q4 2016. Its down 1.96, from 2.85 in 2016Q3. It worsened, as 18 investors sold Ryerson Holding Corp shares while 38 reduced holdings. 18 funds opened positions while 32 raised stakes. 14.40 million shares or 0.79% more from 14.29 million shares in 2016Q3 were reported.
Art Advsr Ltd owns 24,883 shares. Northern Tru has 146,867 shares for 0% of their portfolio. Connor Clark & Lunn Invest Management accumulated 10,200 shares. National Bank & Trust Of Ny Mellon Corp accumulated 71,841 shares. Invesco Limited has 75,448 shares. Wells Fargo And Co Mn has invested 0% in Ryerson Holding Corp (NYSE:RYI). Strs Ohio, a Ohio-based fund reported 41,600 shares. Highbridge holds 0.02% or 75,365 shares in its portfolio. Millennium Management Ltd Liability Corp reported 196,239 shares. Tiaa Cref Management Ltd has invested 0% in Ryerson Holding Corp (NYSE:RYI). Dupont has invested 0.01% in Ryerson Holding Corp (NYSE:RYI). Cornerstone Cap Management Hldg Llc holds 13,100 shares or 0% of its portfolio. Nationwide Fund Advsr has invested 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI). Marshall Wace Ltd Liability Partnership has 11,951 shares. Prudential Fincl holds 131,210 shares.

Since March 24, 2017, it had 16 buys, and 0 insider sales for $456,155 activity. The insider Burbach Michael bought 2,200 shares worth $19,910. $15,892 worth of Ryerson Holding Corp (NYSE:RYI) shares were bought by Schnaufer Erich S. $38,533 worth of stock was bought by Lehner Edward J. on Friday, May 5. $107,600 worth of stock was bought by Larson Stephen P. on Tuesday, March 28. Richardson Kevin D bought $52,750 worth of stock or 5,000 shares.

The stock of Ryerson Holding Corp (NYSE:RYI) is a huge mover today! The stock increased 4.07% or $0.35 on September 15, reaching $8.95. About 323,954 shares traded or 8.96% up from the average. Ryerson Holding Corp (NYSE:RYI) has declined 22.89% since September 17, 2016 and is downtrending. It has underperformed by 39.59% the S&P500.
The move comes after 9 months positive chart setup for the $332.73 million company. It was reported on Sep, 17 by Barchart.com. We have $9.76 PT which if reached, will make NYSE:RYI worth $29.95 million more.

Analysts expect Ryerson Holding Corp (NYSE:RYI) to report $0.38 EPS on November, 1.They anticipate $0.10 EPS change or 35.71 % from last quarter’s $0.28 EPS. RYI’s profit would be $14.13M giving it 5.89 P/E if the $0.38 EPS is correct. After having $0.02 EPS previously, Ryerson Holding Corp’s analysts see 1,800.00 % EPS growth.

Ryerson Holding Corp (NYSE:RYI) Ratings Coverage

Among 6 analysts covering Ryerson Holding (NYSE:RYI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Ryerson Holding had 22 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 11 by JP Morgan. Jefferies maintained the stock with “Hold” rating in Monday, June 5 report. The stock has “Buy” rating by Deutsche Bank on Monday, December 5. On Thursday, August 11 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The rating was downgraded by Jefferies on Monday, August 24 to “Hold”. JP Morgan maintained it with “Neutral” rating and $6 target in Tuesday, April 19 report. The firm earned “Hold” rating on Wednesday, January 13 by Jefferies. The firm has “Hold” rating given on Thursday, September 15 by Jefferies. The rating was upgraded by KeyBanc Capital Markets on Monday, January 9 to “Overweight”. On Wednesday, July 19 the stock rating was maintained by Jefferies with “Hold”.

More notable recent Ryerson Holding Corp (NYSE:RYI) news were published by: Prnewswire.com which released: “Ryerson Acquires Guy Metals” on February 15, 2017, also Prnewswire.com with their article: “Ryerson Reports First Quarter 2017 Results” published on May 03, 2017, Prnewswire.com published: “Ryerson Provides First Quarter 2017 Guidance and Announces Conference Call to …” on April 06, 2017. More interesting news about Ryerson Holding Corp (NYSE:RYI) were released by: Seekingalpha.com and their article: “Ryerson Holding’s (RYI) CEO Eddie Lehner on Q2 2017 Results – Earnings Call …” published on August 04, 2017 as well as Seekingalpha.com‘s news article titled: “Ryerson Holding’s (RYI) CEO Edward Lehner on Q1 2017 Results – Earnings Call …” with publication date: May 07, 2017.

Ryerson Holding Corporation is a service center firm for carbon and stainless steel, as well as aluminum. The company has market cap of $332.73 million. The Firm operates through metal service centers segment. It has a 21.85 P/E ratio. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders.

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