Ryan Specialty Holdings Inc (NYSE: RYAN) has a higher price-to-earnings ratio of 102.95x compared to its average ratio. RYAN has 36-month beta value of 0.59. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RYAN is 97.08M, and currently, short sellers hold a 6.78% ratio of that float. The average trading volume of RYAN on May 10, 2024 was 867.77K shares.
RYAN) stock’s latest price update
The stock of Ryan Specialty Holdings Inc (NYSE: RYAN) has increased by 0.87 when compared to last closing price of 53.33.Despite this, the company has seen a gain of 4.45% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-03 that Ryan Specialty Holdings, Inc. (NYSE:RYAN ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Pat Ryan – Founder, Chairman & Chief Executive Officer Tim Turner – President Jeremiah Bickham – Chief Financial Officer Miles Wuller – Chief Executive Officer, RSG Underwriting Managers Conference Call Participants Elyse Greenspan – Wells Fargo Mike Zaremski – BMO Capital Markets Rob Cox – Goldman Sachs Meyer Shields – KBW Alison Jacobowitz – UBS. Operator Good afternoon and thank you for joining us today for Ryan Specialty Holdings First Quarter 2024 Earnings Conference Call.
RYAN’s Market Performance
Ryan Specialty Holdings Inc (RYAN) has seen a 4.45% rise in stock performance for the week, with a 6.77% gain in the past month and a 22.14% surge in the past quarter. The volatility ratio for the week is 3.04%, and the volatility levels for the past 30 days are at 2.23% for RYAN. The simple moving average for the past 20 days is 5.72% for RYAN’s stock, with a 14.32% simple moving average for the past 200 days.
Analysts’ Opinion of RYAN
Goldman, on the other hand, stated in their research note that they expect to see RYAN reach a price target of $53, previously predicting the price at $57. The rating they have provided for RYAN stocks is “Neutral” according to the report published on November 20th, 2023.
RYAN Trading at 2.07% from the 50-Day Moving Average
After a stumble in the market that brought RYAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.82% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares surge +7.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.49% upper at present.
During the last 5 trading sessions, RYAN rose by +4.24%, which changed the moving average for the period of 200-days by +18.07% in comparison to the 20-day moving average, which settled at $51.07. In addition, Ryan Specialty Holdings Inc saw 25.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RYAN starting from BOLGER DAVID P, who sale 10,580 shares at the price of $44.58 back on Nov 13 ’23. After this action, BOLGER DAVID P now owns 85,204 shares of Ryan Specialty Holdings Inc, valued at $471,656 using the latest closing price.
CORTEZI NICHOLAS DOMINIC, the Director of Ryan Specialty Holdings Inc, sale 4,283 shares at $44.68 during a trade that took place back on Aug 18 ’23, which means that CORTEZI NICHOLAS DOMINIC is holding 0 shares at $191,353 based on the most recent closing price.
Stock Fundamentals for RYAN
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.51 for the gross margin
The net margin for Ryan Specialty Holdings Inc stands at 0.03. The total capital return value is set at 0.13. Equity return is now at value 11.88, with 0.96 for asset returns.
Based on Ryan Specialty Holdings Inc (RYAN), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 3.61. The interest coverage ratio of the stock is 3.21.
Currently, EBITDA for the company is 610.15 million with net debt to EBITDA at 2.87. When we switch over and look at the enterprise to sales, we see a ratio of 3.56. The receivables turnover for the company is 6.55for trailing twelve months and the total asset turnover is 0.31.
Conclusion
To put it simply, Ryan Specialty Holdings Inc (RYAN) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
