Ryerson Holding Corp (NYSE:RYI) Stock Price Up as Sentiment Improves

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Sentiment for Ryerson Holding Corp (NYSE:RYI)

Ryerson Holding Corp (NYSE:RYI) institutional sentiment increased to 1.58 in Q4 2018. Its up 0.48, from 1.1 in 2018Q3. The ratio improved, as 49 institutional investors increased or opened new holdings, while 31 sold and trimmed holdings in Ryerson Holding Corp. The institutional investors in our partner’s database now have: 13.77 million shares, up from 13.36 million shares in 2018Q3. Also, the number of institutional investors holding Ryerson Holding Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 24 Increased: 36 New Position: 13.

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Mexico, Canada, China, and Brazil. The company has market cap of $397.11 million. The firm offers a line of stainless steel, aluminum, carbon steel, and alloy steels, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural products, and tubes. It has a 3.18 P/E ratio. It also provides value-added processing and fabrication services ranging from sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, and rolling shell plate to radius and beveling; and processing materials.

The stock decreased 4.37% or $0.48 during the last trading session, reaching $10.51. About 299,571 shares traded or 127.91% up from the average. Ryerson Holding Corporation (NYSE:RYI) has declined 19.81% since May 15, 2018 and is downtrending. It has underperformed by 24.18% the S&P500.

Analysts await Ryerson Holding Corporation (NYSE:RYI) to report earnings on August, 7. They expect $0.88 earnings per share, up 91.30 % or $0.42 from last year’s $0.46 per share. RYI’s profit will be $33.25 million for 2.99 P/E if the $0.88 EPS becomes a reality. After $0.79 actual earnings per share reported by Ryerson Holding Corporation for the previous quarter, Wall Street now forecasts 11.39 % EPS growth.

Towle & Co holds 1.82% of its portfolio in Ryerson Holding Corporation for 2.22 million shares. Penn Capital Management Co Inc owns 361,851 shares or 0.23% of their US portfolio. Moreover, Globeflex Capital L P has 0.19% invested in the company for 127,190 shares. The Ohio-based Bowling Portfolio Management Llc has invested 0.16% in the stock. Spark Investment Management Llc, a New York-based fund reported 352,300 shares.

Since January 1, 0001, it had 5 insider purchases, and 0 sales for $275,367 activity.

More notable recent Ryerson Holding Corporation (NYSE:RYI) news were published by: Seekingalpha.com which released: “Ryerson Holdings: Potential Growth With A Big ‘If’ – Seeking Alpha” on September 25, 2017, also Prnewswire.com with their article: “Ryerson Acquires Laserflex – PR Newswire” published on January 19, 2017, Zacks.com published: “Two River Bancorp (TRCB) Q4 Earnings Top Estimates – Zacks.com” on January 29, 2019. More interesting news about Ryerson Holding Corporation (NYSE:RYI) were released by: Prnewswire.com and their article: “Ryerson President and CEO Michael C. Arnold to Retire in 2015 – PR Newswire” published on December 19, 2014 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For March 5, 2019 – Benzinga” with publication date: March 05, 2019.

Ryerson Holding Corporation (NYSE:RYI) Institutional Positions Chart

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