Ryerson Holding Corporation (NYSE:RYI) Projected EPS At $0.26 For Next Quarter


Ryerson Holding Corporation (NYSE:RYI) has a mean price target of $13.40 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.26 a share for the very next quarter and $1.56 for this year.

Technical View

The technical study of Ryerson Holding Corporation Com demonstrates that the 50-day moving average of Ryerson Holding Corporation (NYSE:RYI) stock is $12.64, and is trading $-2.42 points away or -19.16% from 50-day moving average of $12.64. It is trading $-0.99 or -8.81% away 200-day moving average of $11.21.

The 52-week high of Ryerson Holding Corporation (NYSE:RYI) was $19.71 while $2.53 is the low mark in the same period. It state Ryerson Holding Corporation Com share price has to surge more than $-9.49 to hit 52-week high or drop +303.95% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Ryerson Holding Corporation Com, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Ryerson Holding Corporation (NYSE:RYI) ratio came in at 63.09, after dividing current equity price by yearly earnings. Ryerson Holding Corporation Com stock recorded a close of $10.22 in last trading session, registering a market cap of $379.15M.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Ryerson Holding Corporation (NYSE:RYI) PEG ratio is at 0.12.

1 Chart Pattern Every Investor Should Know

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