News articles about Rayonier Advanced Materials (NYSE:RYAM) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rayonier Advanced Materials earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.5202413611736 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several brokerages have recently weighed in on RYAM. Zacks Investment Research upgraded Rayonier Advanced Materials from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a report on Thursday, January 4th. Vertical Research downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. TheStreet upgraded Rayonier Advanced Materials from a “c” rating to a “b” rating in a report on Wednesday, December 13th. ValuEngine downgraded Rayonier Advanced Materials from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Royal Bank of Canada restated a “buy” rating and set a $20.00 price target on shares of Rayonier Advanced Materials in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $20.00.
Shares of Rayonier Advanced Materials (RYAM) opened at $18.26 on Monday. Rayonier Advanced Materials has a twelve month low of $11.88 and a twelve month high of $20.99. The company has a market capitalization of $790.23, a PE ratio of 28.53, a P/E/G ratio of 2.08 and a beta of 4.03. The company has a debt-to-equity ratio of 2.19, a current ratio of 1.46 and a quick ratio of 1.20.
TRADEMARK VIOLATION NOTICE: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Rayonier Advanced Materials (RYAM) Stock Price” was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2018/02/05/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-rayonier-advanced-materials-ryam-stock-price.html.
Rayonier Advanced Materials Company Profile
Rayonier Advanced Materials Inc is engaged in the production of cellulose specialties. The Company’s product lines include cellulose specialties and commodity products. Its products are used in manufacturing processes. The Company’s products are sold throughout the world to companies for use in various industrial applications, and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics.
Receive News & Ratings for Rayonier Advanced Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rayonier Advanced Materials and related companies with MarketBeat.com's FREE daily email newsletter.