Ryan Specialty Holdings Inc (RYAN) Stock: Evaluating the Annual Growth

In the past week, RYAN stock has gone down by -1.51%, with a monthly gain of 11.02% and a quarterly surge of 19.86%. The volatility ratio for the week is 2.37%, and the volatility levels for the last 30 days are 2.63% for Ryan Specialty Holdings Inc The simple moving average for the last 20 days is 2.89% for RYAN’s stock, with a simple moving average of 27.04% for the last 200 days.

Is It Worth Investing in Ryan Specialty Holdings Inc (NYSE: RYAN) Right Now?

Ryan Specialty Holdings Inc (NYSE: RYAN) has a higher price-to-earnings ratio of 112.35x compared to its average ratio, The 36-month beta value for RYAN is at 0.62. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”

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The public float for RYAN is 98.23M, and currently, shorts hold a 6.91% of that float. The average trading volume for RYAN on October 17, 2024 was 840.54K shares.

RYAN) stock’s latest price update

The stock of Ryan Specialty Holdings Inc (NYSE: RYAN) has decreased by -0.91 when compared to last closing price of 71.25.Despite this, the company has seen a loss of -1.51% in its stock price over the last five trading days. businesswire.com reported 2024-10-02 that CHICAGO–(BUSINESS WIRE)–Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced it will release its Third Quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Ryan Specialty will hold a conference call to discuss the financial results at 5:00pm Eastern Time on October 30, 2024. A live webcast of the conference call will be available on Ryan Specialty’s investor relations website at ir.ry.

Analysts’ Opinion of RYAN

Many brokerage firms have already submitted their reports for RYAN stocks, with BMO Capital Markets repeating the rating for RYAN by listing it as a “Outperform.” The predicted price for RYAN in the upcoming period, according to BMO Capital Markets is $75 based on the research report published on September 24, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see RYAN reach a price target of $76. The rating they have provided for RYAN stocks is “Overweight” according to the report published on September 05th, 2024.

Wells Fargo gave a rating of “Equal Weight” to RYAN, setting the target price at $60 in the report published on July 11th of the current year.

RYAN Trading at 6.84% 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 -3.42% of loss for the given period.

Volatility was left at 2.63%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares surge +12.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.49% upper at present.

During the last 5 trading sessions, RYAN fell by -1.51%, which changed the moving average for the period of 200-days by +64.11% in comparison to the 20-day moving average, which settled at $68.62. In addition, Ryan Specialty Holdings Inc saw 64.81% 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 CORTEZI NICHOLAS DOMINIC, who sale 18,542 shares at the price of $64.55 back on Aug 29 ’24. After this action, CORTEZI NICHOLAS DOMINIC now owns 0 shares of Ryan Specialty Holdings Inc, valued at $1,196,964 using the latest closing price.

CORTEZI NICHOLAS DOMINIC, the Director of Ryan Specialty Holdings Inc, sale 5,375 shares at $64.73 during a trade that took place back on Aug 28 ’24, which means that CORTEZI NICHOLAS DOMINIC is holding 2,685 shares at $347,916 based on the most recent closing price.

Stock Fundamentals for RYAN

Current profitability levels for the company are sitting at:

  • 0.23 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 0.15. Equity return is now at value 13.45, with 1.01 for asset returns.

Based on Ryan Specialty Holdings Inc (RYAN), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 3.29. The interest coverage ratio of the stock is 3.75.

Currently, EBITDA for the company is 610.15 million with net debt to EBITDA at 2.41. When we switch over and look at the enterprise to sales, we see a ratio of 4.33. The receivables turnover for the company is 5.46for trailing twelve months and the total asset turnover is 0.28.

Conclusion

In conclusion, Ryan Specialty Holdings Inc (RYAN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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