Headlines about Rayonier Advanced Materials (NYSE:RYAM) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rayonier Advanced Materials earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 47.0503830629344 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Rayonier Advanced Materials (NYSE RYAM) traded up $0.12 during trading on Friday, hitting $19.33. The company had a trading volume of 770,546 shares, compared to its average volume of 555,307. The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.20 and a current ratio of 1.46. Rayonier Advanced Materials has a 12-month low of $11.88 and a 12-month high of $20.99. The stock has a market capitalization of $836.54, a P/E ratio of 30.20, a PEG ratio of 2.20 and a beta of 4.42.

Rayonier Advanced Materials (NYSE:RYAM) last posted its quarterly earnings results on Wednesday, November 1st. The basic materials company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.01. Rayonier Advanced Materials had a return on equity of 18.12% and a net margin of 4.98%. The firm had revenue of $210.00 million for the quarter, compared to the consensus estimate of $200.66 million. During the same period in the previous year, the business earned $0.44 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. research analysts expect that Rayonier Advanced Materials will post 0.61 EPS for the current fiscal year.

Several brokerages have weighed in on RYAM. Royal Bank of Canada reiterated a “buy” rating and issued a $18.00 target price on shares of Rayonier Advanced Materials in a research note on Friday, October 27th. ValuEngine downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Zacks Investment Research upgraded Rayonier Advanced Materials from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 8th. TheStreet upgraded Rayonier Advanced Materials from a “c” rating to a “b” rating in a research note on Wednesday, December 13th. Finally, Vertical Research downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Rayonier Advanced Materials presently has a consensus rating of “Buy” and a consensus price target of $20.00.

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Rayonier Advanced Materials Company Profile

Rayonier Advanced Materials Inc is engaged in the production of cellulose specialties. The Company’s product lines include cellulose specialties and commodity products. Its products are used in manufacturing processes. The Company’s products are sold throughout the world to companies for use in various industrial applications, and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics.

Insider Buying and Selling by Quarter for Rayonier Advanced Materials (NYSE:RYAM)

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