Rayonier Advanced Materials Inc. (RYAM)

NYSE: RYAM · IEX Real-Time Price · USD
5.31
-0.05 (-0.93%)
Aug 15, 2022 4:00 PM EDT - Market closed
-0.93%
Market Cap 339.69M
Revenue (ttm) 1.50B
Net Income (ttm) -76.91M
Shares Out 63.97M
EPS (ttm) 1.08
PE Ratio 4.93
Forward PE 151.52
Dividend n/a
Ex-Dividend Date n/a
Volume 292,340
Open 5.27
Previous Close 5.36
Day's Range 5.07 - 5.34
52-Week Range 2.44 - 8.32
Beta 3.35
Analysts Sell
Price Target 3.91 (-26.4%)
Earnings Date Aug 3, 2022

About RYAM

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. The company operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. Its 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, pharmaceutical... [Read more...]

Industry Chemicals
Founded 1926
CEO Paul Boynton
Employees 2,500
Stock Exchange NYSE
Ticker Symbol RYAM
Full Company Profile

Financial Performance

In 2021, RYAM's revenue was $1.41 billion, an increase of 4.74% compared to the previous year's $1.34 billion. Earnings were $66.41 million, an increase of 11,866.49%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RYAM stock is "Sell." The 12-month stock price forecast is 3.91, which is a decrease of -26.37% from the latest price.

Price Target
$3.91
(-26.37% downside)
Analyst Consensus: Sell
Stock Forecasts

News

RYAM Announces Second Quarter 2022 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $23 million or $(0.36) per diluted share for the quarter ended June 25, 2022, com...

RYAM Schedules Second Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its second quarter 2022 earnings on Wednesday, August 3, 2022 after the market closes. RYAM will host a conf...

Why Rayonier Advanced Materials Shares Are Surging Today

RBC Capital analyst Paul C. Quinn has upgraded the ratings on Rayonier Advanced Materials Inc (NYSE: RYAM) to Outperform from Sector Perform and lowered the price target to $5 (an upside of 60%) from $6.

Is Rayonier Advanced Materials (RYAM) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

RYAM Updates 2022 Adjusted EBITDA Guidance and Reaffirms Commitment to Debt Reduction

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced updated Adjusted EBITDA guidance for full year 2022 of approximately $160 million subjec...

Bears are Losing Control Over Rayonier Advanced Materials (RYAM), Here's Why It's a 'Buy' Now

Rayonier Advanced Materials (RYAM) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revision...

Is Rayonier Advanced Materials (RYAM) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Rayonier Advanced Materials Appoints De Lyle W. Bloomquist as President and Chief Executive Officer

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced that De Lyle W. Bloomquist has been appointed President and Chief Executive Officer of t...

Chatham Asset Management Reaffirms Withhold Vote Against Two Directors at Rayonier Advanced Materials Upcoming Annual...

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC, a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced...

Rayonier Advanced Materials Announces First Quarter 2022 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 March 26, 2022, co...

Rayonier Advanced Materials Announces Sale of GreenFirst Forest Products Inc. Shares

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owne...

Rayonier Advanced Materials Schedules First Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2022 earnings on Tuesday, May 3, 2022 after the market closes. Rayonier Advanced Mate...

Rayonier Advanced Materials Comments on Letter from Chatham Asset Management

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today issued the following statement in response to Chatham Asset Management LLC's (“Chatham”) open lett...

Chatham Asset Management Issues Open Letter to Rayonier Advanced Materials Shareholders

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayon...

Rayonier Advanced Materials' Receives Nordic Swan Qualification for Sustainable Fluff Pulp Manufacturing Practices

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a pioneer in the production of fluff pulp, today announced that it qualifies as an “Inspected Raw Mater...

Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors Regarding Proposed Refinancin...

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayon...

Rayonier Advanced Materials Announces $146 (€133) per ton Cost Surcharge

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company "), a global leader of high purity cellulose, announced today a cost surcharge of USD 146 (EUR 133) per me...

Rayonier Advanced Materials Issues Statement Regarding Letter from Chatham Asset Management

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) issued the following statement today in response to the March 17, 2022 letter from Chatham Asset Managem...

Rayonier Advanced Materials Adopts Short-Term Stockholder Rights Plan

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that its Board of Directors adopted a limited duration stockholder rights plan (the “Rig...

Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayon...

Rayonier Advanced Materials Inc. Grants Vito J. Consiglio Inducement Awards Pursuant to NYSE RULE 303A.08

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) announced today that it granted an award of Leveraged Performance Units (“LPUs”) with a target value of $1,500,000 to i...

Rayonier Advanced Materials Announces Fourth Quarter and Full Year 2021 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $24 million or $0.38 per diluted share for the quarter ended December 31, 2021, c...

Rayonier Advanced Materials Publishes 2021 Environmental, Social and Governance Report

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) today announced the release of its 2021 Environmental, Social and Governance (ESG) Report. The report de...

Rayonier Advanced Materials Schedules Fourth Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its fourth quarter 2021 earnings on Wednesday, February 23, 2022 after the market closes. Rayonier Adva...

Rayonier Advanced Materials Announces Investment in Second Generation Bioethanol Plant, an Important Step in its BioF...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high purity cellulose pulp, today announced the introduction of a ...