$0.31 EPS Expected for Rayonier Advanced Materials Inc (RYAM)

October 7, 2017 - By Darrin Black

 $0.31 EPS Expected for Rayonier Advanced Materials Inc (RYAM)

Analysts expect Rayonier Advanced Materials Inc (NYSE:RYAM) to report $0.31 EPS on October, 30.They anticipate $0.13 EPS change or 29.55 % from last quarter’s $0.44 EPS. RYAM’s profit would be $13.42 million giving it 11.20 P/E if the $0.31 EPS is correct. After having $0.11 EPS previously, Rayonier Advanced Materials Inc’s analysts see 181.82 % EPS growth. The stock decreased 0.86% or $0.12 on October 6, reaching $13.89. About 307,367 shares traded. Rayonier Advanced Materials Inc (NYSE:RYAM) has risen 2.89% since October 7, 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 21 analyst reports since August 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, May 29 by Bank of America. The rating was upgraded by Bank of America on Friday, May 26 to “Buy”. RBC Capital Markets maintained the shares of RYAM in report on Monday, September 25 with “Buy” rating. The firm has “Sector Perform” rating given on Friday, October 30 by RBC Capital Markets. On Friday, January 27 the stock rating was upgraded by Bank of America to “Neutral”. The firm has “Buy” rating given on Thursday, August 17 by Sidoti. The rating was downgraded by RBC Capital Markets on Friday, December 4 to “Underperform”. RBC Capital Markets maintained Rayonier Advanced Materials Inc (NYSE:RYAM) on Wednesday, February 3 with “Sector Perform” rating. The firm has “Buy” rating given on Friday, May 26 by Vertical Research. The firm earned “Market Perform” rating on Friday, August 21 by Citigroup.

Rayonier Advanced Materials Inc. is engaged in the production of cellulose specialties. The company has market cap of $601.12 million. The Company’s product lines include cellulose specialties and commodity products. It has a 19.24 P/E ratio. The Company’s products are used in manufacturing processes.

More notable recent Rayonier Advanced Materials Inc (NYSE:RYAM) news were published by: Businesswire.com which released: “Rayonier Advanced Materials and Tembec Provide Update on Transaction” on September 21, 2017, also Businesswire.com with their article: “Rayonier Advanced Materials and Tembec Announce Antitrust Clearance from the …” published on August 18, 2017, Seekingalpha.com published: “Rayonier Advanced Materials: Challenged Spin-Off From The Start, Looks To …” on January 23, 2017. More interesting news about Rayonier Advanced Materials Inc (NYSE:RYAM) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Rayonier …” published on October 02, 2017 as well as Nasdaq.com‘s news article titled: “Rayonier Advanced Materials Inc. (RYAM) Ex-Dividend Date Scheduled for …” with publication date: September 13, 2017.

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