$0.38 EPS Expected for Ryerson Holding Corp (RYI)

October 13, 2017 - By Nellie Frank

 $0.38 EPS Expected for Ryerson Holding Corp (RYI)
Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.37, from 1.35 in 2017Q1. It fall, as 18 investors sold Ryerson Holding Corp shares while 31 reduced holdings. 17 funds opened positions while 31 raised stakes. 15.03 million shares or 2.47% more from 14.66 million shares in 2017Q1 were reported.
Ameritas Investment Partners owns 965 shares. Aqr Capital Mgmt Ltd accumulated 0.01% or 629,500 shares. 377,900 are owned by Scopus Asset Lp. 2,636 are held by Barclays Public Ltd Company. Moreover, Swiss Bancshares has 0% invested in Ryerson Holding Corp (NYSE:RYI). Great West Life Assurance Co Can holds 0% of its portfolio in Ryerson Holding Corp (NYSE:RYI) for 1,800 shares. Blackrock accumulated 1.18M shares or 0% of the stock. Numeric Ltd stated it has 124,600 shares or 0.01% of all its holdings. Northern Tru invested 0% in Ryerson Holding Corp (NYSE:RYI). James Research reported 0.05% of its portfolio in Ryerson Holding Corp (NYSE:RYI). First Heartland Consultants holds 0.25% of its portfolio in Ryerson Holding Corp (NYSE:RYI) for 96,200 shares. Bnp Paribas Arbitrage Sa stated it has 4,421 shares. Strs Ohio holds 0% in Ryerson Holding Corp (NYSE:RYI) or 57,300 shares. Point72 Asia (Hong Kong) Ltd holds 0.07% or 7,020 shares in its portfolio. 15,640 were accumulated by Smith Asset Mgmt Group Limited Partnership.

Since May 5, 2017, it had 14 insider purchases, and 0 insider sales for $341,925 activity. Schnaufer Erich S bought $9,950 worth of Ryerson Holding Corp (NYSE:RYI) on Friday, May 5. Another trade for 2,000 shares valued at $15,900 was bought by Lehner Edward J.. Shares for $28,812 were bought by Burbach Michael. The insider silver mark s. bought $30,930. Richardson Kevin D bought $52,750 worth of stock.

Wall Street await Ryerson Holding Corp (NYSE:RYI) to release earnings on November, 1. Analysts forecast earnings per share of $0.38, up exactly $0.10 or 35.71 % from 2014’s $0.28 EPS. The expected RYI’s profit could reach $14.13M giving the stock 6.28 P/E in the case that $0.38 earnings per share is reported. After posting $0.02 EPS for the previous quarter, Ryerson Holding Corp’s analysts now forecast 1,800.00 % EPS growth. The stock increased 0.53% or $0.05 during the last trading session, reaching $9.55. About 231,524 shares traded. Ryerson Holding Corp (NYSE:RYI) has declined 22.89% since October 14, 2016 and is downtrending. It has underperformed by 39.59% the S&P500.

Ryerson Holding Corp (NYSE:RYI) Ratings Coverage

Among 6 analysts covering Ryerson Holding (NYSE:RYI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Ryerson Holding had 24 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Ryerson Holding Corp (NYSE:RYI) earned “Outperform” rating by BMO Capital Markets on Friday, August 14. Jefferies maintained Ryerson Holding Corp (NYSE:RYI) on Wednesday, September 6 with “Hold” rating. The firm has “Hold” rating given on Wednesday, October 11 by Jefferies. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The company was maintained on Wednesday, September 16 by Jefferies. The firm earned “Hold” rating on Tuesday, July 18 by BMO Capital Markets. The firm has “Hold” rating given on Friday, April 21 by BMO Capital Markets. The firm has “Hold” rating given on Thursday, July 6 by Jefferies. The rating was maintained by JP Morgan on Friday, March 11 with “Neutral”. The rating was maintained by BMO Capital Markets with “Market Perform” on Thursday, August 11.

Ryerson Holding Corporation is a service center firm for carbon and stainless steel, as well as aluminum. The company has market cap of $355.04 million. The Firm operates through metal service centers segment. It has a 23.32 P/E ratio. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders.

More notable recent Ryerson Holding Corp (NYSE:RYI) news were published by: Seekingalpha.com which released: “Ryerson Holding’s (RYI) CEO Edward Lehner on Q4 2016 Results – Earnings Call …” on March 14, 2017, also Prnewswire.com with their article: “Ryerson Provides Second Quarter 2017 Guidance and Announces Conference Call to …” published on June 27, 2017, Nasdaq.com published: “Ryerson Holding Corp. Q2 Earnings Drop 96%” on August 03, 2017. More interesting news about Ryerson Holding Corp (NYSE:RYI) were released by: Prnewswire.com and their article: “Ryerson Provides First Quarter 2017 Guidance and Announces Conference Call to …” published on April 06, 2017 as well as Seekingalpha.com‘s news article titled: “Ryerson Holdings: Potential Growth With A Big ‘If'” with publication date: September 25, 2017.

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