Sidoti Issues Negative Estimate for RYAM Earnings

Key Points

• Sidoti lowered its Q3 2026 EPS estimate for Rayonier Advanced Materials to $0.11 per share from $0.12, signaling a slightly less optimistic outlook for the company’s near-term earnings.
• Rayonier Advanced Materials recently reported a much wider-than-expected loss of $1.22 per share for its latest quarter, missing analyst estimates, even though revenue came in above expectations at $319.07 million.
• Analyst sentiment remains mixed but cautious: the stock currently has a consensus Hold rating with an average target price of $14.00, while the shares traded around $9.16 on Monday.

Rayonier Advanced Materials Inc. (NYSE:RYAM - Free Report) - Equities research analysts at Sidoti lowered their Q3 2026 EPS estimates for Rayonier Advanced Materials in a report released on Friday, May 8th. Sidoti analyst D. Harriman now expects that the basic materials company will post earnings of $0.11 per share for the quarter, down from their prior forecast of $0.12. The consensus estimate for Rayonier Advanced Materials' current full-year earnings is ($0.66) per share. Sidoti also issued estimates for Rayonier Advanced Materials' Q2 2027 earnings at $0.31 EPS, Q4 2027 earnings at $0.48 EPS and FY2027 earnings at $1.27 EPS.

Rayonier Advanced Materials (NYSE:RYAM - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported ($1.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.62) by ($0.60). The firm had revenue of $319.07 million for the quarter, compared to the consensus estimate of $302.63 million. Rayonier Advanced Materials had a negative net margin of 32.82% and a negative return on equity of 43.05%.

A number of other research firms have also recently commented on RYAM. Royal Bank Of Canada upped their price target on shares of Rayonier Advanced Materials from $9.00 to $14.00 and gave the stock an "outperform" rating in a report on Thursday, March 5th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rayonier Advanced Materials in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Rayonier Advanced Materials from a "sell" rating to a "hold" rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Rayonier Advanced Materials presently has a consensus rating of "Hold" and an average target price of $14.00.

Rayonier Advanced Materials Trading Down 0.1%

NYSE RYAM opened at $9.16 on Monday. The company's 50-day moving average price is $10.21 and its 200-day moving average price is $8.09. The company has a current ratio of 1.37, a quick ratio of 0.79 and a debt-to-equity ratio of 3.21. The stock has a market cap of $617.41 million, a PE ratio of -1.30 and a beta of 1.79. Rayonier Advanced Materials has a 12 month low of $3.35 and a 12 month high of $11.85.

Institutional Investors Weigh In On Rayonier Advanced Materials

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tactive Advisors LLC grew its stake in shares of Rayonier Advanced Materials by 18.0% during the 4th quarter. Tactive Advisors LLC now owns 13,325 shares of the basic materials company's stock worth $78,000 after purchasing an additional 2,032 shares during the period. Deutsche Bank AG lifted its holdings in Rayonier Advanced Materials by 1.5% in the 4th quarter. Deutsche Bank AG now owns 151,944 shares of the basic materials company's stock valued at $895,000 after purchasing an additional 2,292 shares in the last quarter. Covestor Ltd lifted its holdings in Rayonier Advanced Materials by 46.7% in the 3rd quarter. Covestor Ltd now owns 11,421 shares of the basic materials company's stock valued at $82,000 after purchasing an additional 3,636 shares in the last quarter. Barclays PLC lifted its holdings in Rayonier Advanced Materials by 4.5% in the 4th quarter. Barclays PLC now owns 100,484 shares of the basic materials company's stock valued at $592,000 after purchasing an additional 4,348 shares in the last quarter. Finally, Intech Investment Management LLC lifted its holdings in Rayonier Advanced Materials by 19.1% in the 4th quarter. Intech Investment Management LLC now owns 27,725 shares of the basic materials company's stock valued at $163,000 after purchasing an additional 4,438 shares in the last quarter. Institutional investors and hedge funds own 68.64% of the company's stock.

About Rayonier Advanced Materials

Rayonier Advanced Materials, Inc is a publicly traded specialty bioproducts company focused on the production of high-purity cellulose and engineered wood products. Headquartered in Jacksonville, Florida, the company operates a network of manufacturing facilities across North America, New Zealand and Europe. Its cellulose specialties business produces dissolving pulps and high-purity fibers that serve a range of end markets, including food and beverage, personal care, pharmaceuticals and textiles.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.