Sidoti Issues Pessimistic Forecast for RYAM Earnings

Key Points

• Sidoti lowered its Q2 2027 EPS forecast for Rayonier Advanced Materials to $0.20 from $0.29; it also estimates FY2028 EPS of $1.34.
• The company reported a quarterly loss of $0.13 per share and revenue of $382.79 million, below analysts’ $389.37 million expectation. It also posted a negative net margin of 24.45%.
• Analyst views are mixed, but the stock has a consensus Hold rating and a $13 average price target; shares opened at $5.92.

Rayonier Advanced Materials Inc. (NYSE:RYAM - Free Report) - Equities researchers at 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 anticipates that the basic materials company will post earnings of $0.20 per share for the quarter, down from their prior estimate 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.

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

A number of other research analysts have also issued reports on RYAM. 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. Royal Bank Of Canada cut their price target on shares of Rayonier Advanced Materials from $14.00 to $13.00 and set an "outperform" rating for the company in a report on Friday, July 17th. Wall Street Zen upgraded shares of Rayonier Advanced Materials from a "sell" rating to a "hold" rating in a research report on Monday, July 20th. Finally, Weiss Ratings restated 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 assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $13.00.

Rayonier Advanced Materials Stock Up 0.3%

Shares of Rayonier Advanced Materials stock opened at $5.92 on Monday. The company has a market cap of $400.36 million, a P/E ratio of -1.09 and a beta of 1.95. 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 one year low of $5.41 and a one year high of $11.85. The firm has a fifty day moving average of $7.61 and a two-hundred day moving average of $8.62.

Institutional Investors Weigh In On Rayonier Advanced Materials

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Rayonier Advanced Materials during the 2nd quarter worth $37,437,000. Aip LLC purchased a new position in shares of Rayonier Advanced Materials in the 2nd quarter valued at about $26,724,000. Nantahala Capital Management LLC purchased a new position in shares of Rayonier Advanced Materials in the 2nd quarter valued at about $13,344,126. Irenic Capital Management LP acquired a new stake in shares of Rayonier Advanced Materials in the first quarter valued at about $15,013,000. Finally, Jefferies Financial Group Inc. lifted its stake in shares of 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 during the period. Institutional investors and hedge funds 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.

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