Ryerson (NYSE:RYI – Get Free Report) will be announcing its earnings results after the market closes on Tuesday, April 30th. Ryerson has set its Q1 2024 guidance at 0.240-0.340 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Ryerson (NYSE:RYI – Get Free Report) last posted its earnings results on Wednesday, February 21st. The basic materials company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.24 by $0.49. Ryerson had a return on equity of 16.33% and a net margin of 2.85%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company earned ($0.65) EPS.
Ryerson Stock Performance
Ryerson stock opened at $32.14 on Tuesday. The firm has a market capitalization of $1.09 billion, a P/E ratio of 7.90 and a beta of 1.65. The stock has a fifty day moving average price of $32.56 and a two-hundred day moving average price of $31.64. Ryerson has a 52-week low of $26.15 and a 52-week high of $44.70. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.18 and a quick ratio of 0.95.
Ryerson Increases Dividend
Insider Buying and Selling at Ryerson
In other news, insider Alagu Sundarrajan sold 2,593 shares of Ryerson stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $32.52, for a total value of $84,324.36. Following the completion of the transaction, the insider now owns 10,484 shares in the company, valued at $340,939.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.88% of the company’s stock.
Ryerson Company Profile
Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.
See Also
- Five stocks we like better than Ryerson
- How to Use the MarketBeat Dividend Calculator
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- Which Wall Street Analysts are the Most Accurate?
- Merger or Not, Albertson’s Companies is a Good Buy
- What is the Dogs of the Dow Strategy? Overview and Examples
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for Ryerson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryerson and related companies with MarketBeat.com's FREE daily email newsletter.