Ryerson (NYSE:RYI – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Ryerson has set its Q1 2024 guidance at 0.240-0.340 EPS.Investors that wish to register for the company’s 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. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Ryerson had a net margin of 2.85% and a return on equity of 16.33%. During the same period in the prior year, the business posted ($0.65) earnings per share.
Ryerson Trading Down 1.3 %
Shares of NYSE:RYI opened at $30.66 on Friday. The company has a market cap of $1.04 billion, a P/E ratio of 7.53 and a beta of 1.65. The stock’s 50-day moving average is $32.33 and its 200-day moving average is $31.68. 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 quick ratio of 0.95 and a current ratio of 2.18.
Ryerson Increases Dividend
Insider Activity
In related news, insider Alagu Sundarrajan sold 7,407 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $32.77, for a total value of $242,727.39. Following the completion of the sale, the insider now owns 13,077 shares in the company, valued at $428,533.29. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.88% of the stock is currently owned by company insiders.
About Ryerson
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.
Featured Articles
- Five stocks we like better than Ryerson
- P/E Ratio Calculation: How to Assess Stocks
- MarketBeat Week in Review – 4/22 – 4/26
- Insider Trading – What You Need to Know
- 3 Stocks Leading the U.S. Agriculture Comeback
- How to Invest in Insurance Companies: A Guide
- How to Use Put Debit Spreads to Profit From Falling Stocks
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.