Ryerson's (RYI) "Sell (D+)" Rating Reiterated at Weiss Ratings

Key Points

• Weiss Ratings reiterated a "sell (D+)" rating for Ryerson (RYI), indicating ongoing concerns about the company's stock performance.
• Ryerson reported earnings of $0.08 per share for the last quarter, missing the consensus estimate of $0.17, alongside a revenue of $1.17 billion.
• Institutional investors own 94.81% of Ryerson's stock, with notable activity from firms like Janney Montgomery Scott LLC and GAMMA Investing LLC increasing their stakes significantly during the first quarter.

Ryerson (NYSE:RYI - Get Free Report)'s stock had its "sell (d+)" rating reiterated by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Ryerson Stock Performance

NYSE RYI opened at $23.52 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $757.34 million, a price-to-earnings ratio of -52.27 and a beta of 1.66. The firm's 50 day simple moving average is $22.44 and its 200 day simple moving average is $22.16. Ryerson has a 1 year low of $17.18 and a 1 year high of $27.41.

Ryerson (NYSE:RYI - Get Free Report) last issued its earnings results on Tuesday, July 29th. The basic materials company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.09). Ryerson had a negative net margin of 0.33% and a negative return on equity of 1.72%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. As a group, research analysts expect that Ryerson will post 1.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ryerson news, CAO Molly D. Kannan sold 2,528 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $22.24, for a total value of $56,222.72. Following the sale, the chief accounting officer owned 23,516 shares in the company, valued at $522,995.84. This trade represents a 9.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 3.95% of the stock is owned by corporate insiders.

Institutional Trading of Ryerson

A number of hedge funds have recently added to or reduced their stakes in RYI. Janney Montgomery Scott LLC lifted its holdings in shares of Ryerson by 10.4% during the first quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company's stock worth $366,000 after purchasing an additional 1,495 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Ryerson by 2,147.9% during the first quarter. GAMMA Investing LLC now owns 27,896 shares of the basic materials company's stock worth $640,000 after purchasing an additional 26,655 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ryerson during the first quarter worth $586,000. SG Americas Securities LLC acquired a new position in shares of Ryerson during the first quarter worth $286,000. Finally, Grace & White Inc. NY lifted its holdings in shares of Ryerson by 45.2% during the first quarter. Grace & White Inc. NY now owns 86,367 shares of the basic materials company's stock worth $1,983,000 after purchasing an additional 26,867 shares during the period. Institutional investors and hedge funds own 94.81% of the company's stock.

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.

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