Sidoti Analysts Cut Earnings Estimates for RYAM

Rayonier Advanced Materials Inc. (NYSE:RYAM) – Investment analysts at Sidoti cut their Q2 2027 earnings per share (EPS) estimates for Rayonier Advanced Materials in a research note 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 previous forecast of $0.29. The consensus estimate for Rayonier Advanced Materials’ current full-year earnings is ($1.28) 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.

A number of other research analysts also recently commented on the stock. Royal Bank Of Canada dropped their target price on shares of Rayonier Advanced Materials from $14.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, July 17th. Wall Street Zen raised shares of Rayonier Advanced Materials from a “sell” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Rayonier Advanced Materials in a research note on Thursday, October 15th. Finally, Zacks Research upgraded shares of Rayonier Advanced Materials from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Rayonier Advanced Materials currently has a consensus rating of “Hold” and a consensus target price of $13.00.

Rayonier Advanced Materials Trading Down 3.5%

Shares of NYSE:RYAM opened at $5.70 on Monday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.85 and a current ratio of 1.28. Rayonier Advanced Materials has a twelve month low of $5.41 and a twelve month high of $11.85. The firm has a 50 day simple moving average of $7.55 and a 200-day simple moving average of $8.61.

Rayonier Advanced Materials (NYSE:RYAM) last announced its quarterly earnings results on Tuesday, November 3rd. The basic materials company reported ($0.13) EPS for the quarter. Rayonier Advanced Materials had a negative net margin of 24.45% and a negative return on equity of 72.88%. The company had revenue of $382.79 million during the quarter, compared to analysts’ expectations of $389.37 million.

Institutional Investors Weigh In On Rayonier Advanced Materials

Several large investors have recently modified their holdings of the company. Parallel Advisors LLC increased its holdings in shares of Rayonier Advanced Materials by 371.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,153 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 2,484 shares during the period. BOK Financial Private Wealth Inc. acquired a new stake in Rayonier Advanced Materials during the 2nd quarter worth $37,000. Public Employees Retirement System of Ohio acquired a new stake in Rayonier Advanced Materials during the 2nd quarter worth $41,000. Legal & General Group Plc purchased a new position in Rayonier Advanced Materials during the 2nd quarter worth $48,000. Finally, Fifth Third Wealth Advisors LLC purchased a new position in Rayonier Advanced Materials during the 3rd quarter worth $81,000. 68.64% of the stock is owned by institutional investors and hedge funds.

Rayonier Advanced Materials Company Profile

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.