High Expectations For Ryerson Holding Corporation (NYSE:RYI), But Is There Upside?

Ryerson Holding Corporation (NYSE:RYI) is anticipated to report earnings of 37.63% per share for next year, according to analysts. Analysts are expecting an EPS change of 30.90% for the current year. Wall Street analysts polled by Thomson Reuters have a current recommendation of 2.60 on a consensus basis for the stock. The same analysts see shares reaching $13.81 within the next year on a consensus basis.Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Ryerson Holding Corporation (NYSE:RYI)’s stock was -41.20%.  Over the last week of the month, it was -9.25%, -12.29% over the last quarter, and  -34.58% for the past six months.

Over the past 50 days, Ryerson Holding Corporation stock’s -25.32% off of the high and 1.92% removed from the low.  Their 52-Week High and Low are noted here.  -52.82% (High), 1.92%, (Low). 

Price-to-Earnings Ratio is the current share price divided by annual earnings per share.  P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.  Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively.  Ryerson Holding Corporation’s  P/E ratio is 19.15. 

Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth.  PEG is created by dividing P/E by the projected rate of earnings growth.  Ryerson Holding Corporation’s  PEG is 0.61.

Ryerson Holding Corporation (NYSE:RYI)’s RSI (Relative Strength Index) is 42.78.  RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Leave a Comment