Rayonier Advanced Materials Inc. (RYAM)
Market Cap | 272.04M |
Revenue (ttm) | 1.64B |
Net Income (ttm) | -101.84M |
Shares Out | 65.40M |
EPS (ttm) | -1.57 |
PE Ratio | n/a |
Forward PE | 43.10 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 306,026 |
Open | 4.130 |
Previous Close | 4.130 |
Day's Range | 4.050 - 4.210 |
52-Week Range | 2.660 - 6.560 |
Beta | 2.99 |
Analysts | Buy |
Price Target | 6.00 (+47.42%) |
Earnings Date | May 7, 2024 |
About RYAM
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Latin America, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. It operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. The company's products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products... [Read more]
Financial Performance
In 2023, RYAM's revenue was $1.64 billion, a decrease of -4.31% compared to the previous year's $1.72 billion. Losses were -$101.84 million, 582.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for RYAM stock is "Buy" and the 12-month stock price forecast is $6.0.
News
RYAM Announces Participation in Four Equity Conferences
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that members of its senior management te...
RYAM and VERSO ENERGY Execute Memorandum of Understanding to Explore eSAF
JACKSONVILLE, Fla. & PARIS--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) and VERSO ENERGY have entered into a Memorandum of Understanding (MoU) to explore e-fuels and specifically e-S...
RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for the fourth quarter and full year 2023. “Our EBITDA results for 2023 fell sh...
RYAM Schedules Fourth Quarter Earnings Release
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its fourth quarter 2023 earnings on Tuesday, February 27, 2024, after the market closes. RYAM will host a ...
RYAM Announces Amendment to Term Loan Credit Agreement
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has reached an agreement with le...
RYAM President and CEO to Present at Sidoti Virtual Investor Conference
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that President and Chief Executive Offic...
RYAM Announces Third Quarter 2023 Results
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million, or $(0.39) per diluted share, for the quarter ended September 30, ...
RYAM Schedules Third Quarter Earnings Release
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its third quarter 2023 earnings on Tuesday, November 7, 2023, after the market closes. RYAM will host a co...
RYAM Engages Houlihan Lokey to Explore Sale of Paperboard and High-Yield Pulp Assets
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has engaged Houlihan Lokey as it...
RYAM Outlines Vision and Financial Growth Strategy at 2023 Investor Day
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, outlined its financial growth strategy during the 2023 I...
RYAM to Temporarily Idle Production at its Paperboard and High-Yield Pulp Operations
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is announcing that in order to optimize inventory levels and address lower-than-anticipated demand, i...
RYAM Elects Bryan D. Yokley to the Board of Directors
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Bryan D. Yokley has been elected to its Board of Directors, effective October 1,...
RYAM to Host Investor Day at the New York Stock Exchange on October 10, 2023
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is excited to announce its upcoming Investor Day event scheduled for October 10, 2023. This event pro...
RYAM Announces Second Quarter 2023 Results
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $17 million, or $(0.26) per diluted share, for the quarter ended July 1, 2023, ...
RYAM Schedules Second Quarter Earnings Release
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its second quarter 2023 earnings on Tuesday, August 8, 2023, after the market closes. RYAM will host a con...
RYAM Raises $250 Million of Debt to Refinance its 2024 Notes, Improving Financial Position to Support Future Growth Opportunities
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM”), a global leader in the production of high-purity cellulose specialties and other sustainable materials, is ...
RYAM Announces the Official Groundbreaking at their 2G Bioethanol Plant in Tartas, France
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high-purity cellulose specialty products, hosted a groundbreakin...
RYAM President and CEO to Present at the Stifel 2023 Cross Sector Insight Conference
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that De Lyle Bloomquist, President and Chief Executive Officer will be presenting at the Stifel 2023 C...
Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...
RYAM CFO, SVP Finance to Present at the Stifel 2023 Cross Sector Insight Conference
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, Senior Vice President Finance, will be presenting at ...
Chatham Asset Management Issues Statement on Rayonier Advanced Materials Impending Debt Maturities
CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC (“Chatham”), a private investment firm and the largest creditor of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM), tod...
RYAM Announces First Quarter 2023 Results
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $2 million, or $0.02 per diluted share, for the quarter ended April 1, 2023, co...
RYAM Schedules First Quarter Earnings Release
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its first quarter 2023 earnings on Tuesday, May 9, 2023, after the market closes. RYAM will host a confere...
RYAM Announces the Hiring of Michael Osborne as VP, Manufacturing; Bill Manzer to Retire and Support Transition
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company” or “RYAM”) is pleased to announce that Michael Osborne joined the company on April 10, 2023, as Vice Pr...
RYAM President & CEO to present at Gabelli Funds 14th Annual Specialty Chemicals Symposium
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today De Lyle W. Bloomquist, President and CEO, will be presenting at the Gabelli Funds 14th Annual Specialt...