Research Analysts Issue Forecasts for RYAM Q2 Earnings

Rayonier Advanced Materials Inc. (NYSE:RYAM) – Sidoti cut their Q2 2027 earnings per share estimates for Rayonier Advanced Materials in a report issued on Friday, November 6th. Sidoti analyst D. Harriman now expects that the basic materials company will post earnings of $0.20 per share for the quarter, down from their prior forecast of $0.29. The consensus estimate for Rayonier Advanced Materials’ current full-year earnings is ($5.00) per share. Sidoti also issued estimates for Rayonier Advanced Materials’ Q1 2028 earnings at $0.11 EPS, Q2 2028 earnings at $0.37 EPS, Q3 2028 earnings at $0.39 EPS and FY2028 earnings at $1.34 EPS.

RYAM has been the subject of a number of other research reports. Wall Street Zen raised Rayonier Advanced Materials from a “sell” rating to a “hold” rating in a research report on Monday, July 20th. Royal Bank Of Canada lowered their price objective on shares of Rayonier Advanced Materials from $14.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, July 17th. Zacks Research raised shares of Rayonier Advanced Materials from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Rayonier Advanced Materials in a research report on Thursday, October 15th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.00.

Rayonier Advanced Materials Trading Down 1.9%

NYSE RYAM opened at $5.58 on Monday. The stock has a market capitalization of $377.45 million, a price-to-earnings ratio of -1.03 and a beta of 1.95. The stock’s 50 day moving average price is $7.49 and its two-hundred day moving average price is $8.59. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.83 and a current ratio of 1.28. Rayonier Advanced Materials has a 52 week low of $5.22 and a 52 week high of $11.85.

Rayonier Advanced Materials (NYSE:RYAM) last posted its quarterly earnings data on Tuesday, November 3rd. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter. Rayonier Advanced Materials had a negative return on equity of 72.84% and a negative net margin of 24.45%. The firm had revenue of $382.79 million for the quarter, compared to the consensus estimate of $389.37 million.

Hedge Funds Weigh In On Rayonier Advanced Materials

Several hedge funds have recently modified their holdings of RYAM. Boston Partners raised its holdings in Rayonier Advanced Materials by 10.3% during the third quarter. Boston Partners now owns 32,208 shares of the basic materials company’s stock worth $257,000 after acquiring an additional 3,015 shares in the last quarter. Voya Investment Management LLC grew its stake in Rayonier Advanced Materials by 25.4% in the third quarter. Voya Investment Management LLC now owns 225,550 shares of the basic materials company’s stock valued at $1,798,000 after purchasing an additional 45,621 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Rayonier Advanced Materials by 21.8% in the third quarter. Russell Investments Group Ltd. now owns 239,221 shares of the basic materials company’s stock valued at $1,907,000 after purchasing an additional 42,761 shares in the last quarter. Jefferies Financial Group Inc. grew its stake in Rayonier Advanced Materials by 276.8% in the third quarter. Jefferies Financial Group Inc. now owns 1,416,981 shares of the basic materials company’s stock valued at $11,293,000 after purchasing an additional 1,040,912 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Rayonier Advanced Materials by 371.3% during the 3rd quarter. Parallel Advisors LLC now owns 3,153 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 2,484 shares during the last quarter. Institutional investors own 68.64% of the company’s stock.

About Rayonier Advanced Materials

Rayonier Advanced Materials Inc. (NYSE: RYAM) is a specialty materials company that manufactures cellulose-based products for industrial and consumer applications. Its portfolio includes high-purity cellulose, cellulose specialties, and other engineered materials used in products such as acetate tow for cigarette filters, pharmaceutical and food-grade excipients, coatings, films, plastics, and other specialty applications. The company also produces performance fibers and related cellulose products for markets including textiles, nonwovens, and industrial materials.