Ryerson (NYSE:RYZ) Stock Rating Lowered by Zacks Research

Ryerson (NYSE:RYZ) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on RYZ. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. KeyCorp started coverage on Ryerson in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Ryerson Trading Down 0.0%

Shares of RYZ opened at $27.75 on Wednesday. The firm’s fifty day simple moving average is $26.97. Ryerson has a 12 month low of $19.34 and a 12 month high of $30.90. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of -18.75 and a beta of 1.63. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 2.21.

Ryerson (NYSE:RYZ) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.The business had revenue of $1.57 billion for the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. As a group, research analysts forecast that Ryerson will post 1.1 EPS for the current year.

Insider Buying and Selling

In other news, EVP Mark S. Silver sold 11,174 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $27.91, for a total value of $311,866.34. Following the completion of the sale, the executive vice president directly owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Molly D. Kannan sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $30.00, for a total value of $30,000.00. Following the completion of the sale, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at approximately $739,080. This represents a 3.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 17,674 shares of company stock valued at $492,576 over the last 90 days. Company insiders own 6.58% of the company’s stock.

About Ryerson

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.