$0.17 EPS Expected for Rayonier Advanced Materials Inc. (RYAM)

December 26, 2017 – By Ellis Scott

Analysts expect Rayonier Advanced Materials Inc. (NYSE:RYAM) to report $0.17 EPS on January, 29.They anticipate $0.01 EPS change or 5.56 % from last quarter’s $0.18 EPS. RYAM’s profit would be $7.36M giving it 29.37 P/E if the $0.17 EPS is correct. After having $0.18 EPS previously, Rayonier Advanced Materials Inc.’s analysts see -5.56 % EPS growth. The stock decreased 0.30% or $0.06 during the last trading session, reaching $19.97. About 540,299 shares traded. Rayonier Advanced Materials Inc. (NYSE:RYAM) has risen 2.89% since December 26, 2016 and is uptrending. It has underperformed by 13.81% the S&P500.

Rayonier Advanced Materials Inc. (NYSE:RYAM) Ratings Coverage

Among 6 analysts covering Rayonier Advanced Materials Inc (NYSE:RYAM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Rayonier Advanced Materials Inc had 22 analyst reports since August 21, 2015 according to SRatingsIntel. RBC Capital Markets downgraded the stock to “Underperform” rating in Monday, April 25 report. The firm earned “Buy” rating on Friday, May 26 by Vertical Research. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, August 20. On Tuesday, September 13 the stock rating was upgraded by RBC Capital Markets to “Sector Perform”. The firm has “Hold” rating by Vertical Research given on Thursday, June 1. The firm has “Buy” rating by Bank of America given on Friday, May 26. Bank of America upgraded the shares of RYAM in report on Monday, May 29 to “Buy” rating. The firm earned “Buy” rating on Thursday, November 2 by RBC Capital Markets. The firm has “Sector Perform” rating given on Wednesday, February 3 by RBC Capital Markets. RBC Capital Markets downgraded it to “Sector Perform” rating and $10 target in Friday, October 30 report.

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Canada, Europe, Latin America, other Asian countries, and internationally. The company has market cap of $864.24 million. The Company’s products include cellulose specialties, such as cellulose acetate and cellulose ethers, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as cigarette filters, liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers. It has a 30.63 P/E ratio. The firm also offers commodity products, including commodity viscose used in the manufacture of textiles for clothing and other fabrics, and in non-woven applications, such as baby wipes, cosmetic and personal wipes, industrial wipes, and mattress ticking; and absorbent materials comprising fluff fibers that are used as an absorbent medium in products, such as disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and non-woven fabrics.

More notable recent Rayonier Advanced Materials Inc. (NYSE:RYAM) news were published by: Fool.com which released: “Why Rayonier Advanced Materials Inc.’s Shares Popped 16% Today” on July 24, 2017, also Fool.com with their article: “Why Rayonier Advanced Materials Inc’s Shares Popped 12% Today” published on May 25, 2017, Prnewswire.com published: “This Morning’s Research Reports on Chemicals Stocks — Rayonier Advanced …” on December 06, 2017. More interesting news about Rayonier Advanced Materials Inc. (NYSE:RYAM) were released by: Reuters.com and their article: “BRIEF-Rayonier Advanced Materials announces restart of operations after …” published on September 12, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Rayonier Advanced Materials temporarily suspends operations due to …” with publication date: September 08, 2017.