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What Analysts Suggest About Rayonier Advanced Materials Inc (RYAM)?

26 April 2018

This repurchase authorization authorizes the basic materials company to reacquire shares of its stock through open market purchases. The institutional investor held 170,655 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.98M, down from 216,161 at the end of the previous reported quarter. A low P/E can indicate either that a company may now be undervalued or that the company is doing exceptionally well relative to its past trends. The stock decreased 0.55% or $0.12 during the last trading session, reaching $21.6. About 55,936 shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 25, 2017 and is downtrending. It has underperformed by 31.91% the S&P500.

Gsa Capital Partners Llp decreased Rayonier Advanced Matls Inc (RYAM) stake by 90.61% reported in 2017Q4 SEC filing.

Rayonier Advanced Materials announced that its board has authorized a stock buyback program on Tuesday, February 20th that authorizes the company to repurchase $100.00 million in shares. Linden Advisors Lp who had been investing in Rayonier Advanced Materials for a number of months, seems to be bullish on the $1.16B market cap company. About 176,764 shares traded. Sidoti initiated Rayonier Advanced Materials Inc. (NYSE:RYAM) has risen 69.18% since April 26, 2017 and is uptrending. The firm now has an "outperform" rating on the basic materials company's stock. It also reduced its holding in 51Job Inc 3.25 15Apr19 (Prn) by 7.45 million shares in the quarter, leaving it with 31.31M shares, and cut its stake in Infosys Tech Adr (NYSE:INFY).

News headlines about Rayonier Advanced Materials (NYSE:RYAM) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Rayonier Advanced Materials's revenue for the quarter was down 7.8% compared to the same quarter a year ago. As per Friday, December 4, the company rating was downgraded by RBC Capital Markets. As per Monday, April 25, the company rating was downgraded by RBC Capital Markets. On Monday, March 5 the stock rating was upgraded by Evercore to "In-Line".

The stock is trading -5.4% away from its 52 week high of $22.96 and 82.83% far from the stock's low point over the past 52 weeks, which was $11.88. As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company was maintained on Monday, September 25 by RBC Capital Markets. Rayonier Advanced Materials had a net margin of 8.39% and a return on equity of 59.49%.

Rayonier Advanced Materials (NYSE:RYAM) last released its quarterly earnings results on Tuesday, February 20th. That's up 186.67 % from last year's $0.15 EPS. In case of $0.43 EPS RYAM's profit could reach $22.30M. During the same quarter in the previous year, the firm posted $0.18 EPS. equities analysts expect that Rayonier Advanced Materials will post 1.75 EPS for the current fiscal year. On Thursday, November 2 RBC Capital Markets maintained Rayonier Advanced Materials Inc. Therefore 58% are positive. (NYSE:RYAM) on Friday, October 30 to "Sector Perform" rating. Atlantic Securities upgraded the stock to "Hold" rating in Wednesday, August 10 report. The rating was maintained by CFRA on Wednesday, January 24 with "Hold". The firm earned "Hold" rating on Monday, July 24 by Oppenheimer.