Rayonier Inc (NYSE: RYN) has a price-to-earnings ratio of 30.10x that is above its average ratio. Additionally, the 36-month beta value for RYN is 1.05. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The public float for RYN is 147.62M and currently, short sellers hold a 2.92% ratio of that float. The average trading volume of RYN on November 08, 2024 was 570.18K shares.
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RYN) stock’s latest price update
Rayonier Inc (NYSE: RYN)’s stock price has increased by 0.54 compared to its previous closing price of 31.47. However, the company has seen a 1.31% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Rayonier Inc. (NYSE:RYN ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Collin Mings – Vice President-Capital Markets and Strategic Planning Mark McHugh – President and Chief Executive Officer April Tice – Senior Vice President and Chief Financial Officer Doug Long – Executive Vice President and Chief Resource Officer Conference Call Participants Matthew McKellar – RBC Capital Markets Mark Weintraub – Seaport Research Partners Operator Welcome and thank you for joining Rayonier’s Third Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.
RYN’s Market Performance
Rayonier Inc (RYN) has experienced a 1.31% rise in stock performance for the past week, with a 0.06% rise in the past month, and a 7.47% rise in the past quarter. The volatility ratio for the week is 2.83%, and the volatility levels for the past 30 days are at 1.83% for RYN. The simple moving average for the past 20 days is -0.00% for RYN’s stock, with a 1.84% simple moving average for the past 200 days.
Analysts’ Opinion of RYN
Many brokerage firms have already submitted their reports for RYN stocks, with Seaport Research Partners repeating the rating for RYN by listing it as a “Buy.” The predicted price for RYN in the upcoming period, according to Seaport Research Partners is $32 based on the research report published on November 02, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see RYN reach a price target of $33. The rating they have provided for RYN stocks is “Hold” according to the report published on May 16th, 2023.
RYN Trading at 0.35% from the 50-Day Moving Average
After a stumble in the market that brought RYN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.34% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares surge +0.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.87% upper at present.
During the last 5 trading sessions, RYN rose by +1.31%, which changed the moving average for the period of 200-days by +2.30% in comparison to the 20-day moving average, which settled at $31.64. In addition, Rayonier Inc saw -5.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RYN starting from Martin V. Larkin, who sale 11,998 shares at the price of $30.66 back on Sep 12 ’24. After this action, Martin V. Larkin now owns 28,170 shares of Rayonier Inc, valued at $367,859 using the latest closing price.
Martin V. Larkin, the Director of Rayonier Inc, sale 10,011 shares at $30.57 during a trade that took place back on Sep 11 ’24, which means that Martin V. Larkin is holding 40,168 shares at $306,036 based on the most recent closing price.
Stock Fundamentals for RYN
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.4 for the gross margin
The net margin for Rayonier Inc stands at 0.16. The total capital return value is set at 1.2. Equity return is now at value 8.23, with 4.42 for asset returns.
Based on Rayonier Inc (RYN), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 12.18.
Currently, EBITDA for the company is 527.7 million with net debt to EBITDA at 2.98. When we switch over and look at the enterprise to sales, we see a ratio of 5.99.
Conclusion
In conclusion, Rayonier Inc (RYN) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
