Should You Invest in Rayonier Inc (RYN) Now?

Rayonier Inc (NYSE: RYN) has a higher price-to-earnings ratio of 28.64x compared to its average ratio, The 36-month beta value for RYN is at 1.03. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”

The public float for RYN is 147.62M, and currently, shorts hold a 3.03% of that float. The average trading volume for RYN on November 14, 2024 was 597.42K shares.

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RYN) stock’s latest price update

Rayonier Inc (NYSE: RYN) has seen a rise in its stock price by 1.24 in relation to its previous close of 29.74. However, the company has experienced a -4.32% decline in its stock price over the last five trading sessions. accesswire.com reported 2024-11-12 that NEW YORK CITY, NY / ACCESSWIRE / November 12, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Rayonier Advanced Materials Inc. (“Rayonier” or the “Company”) (NYSE:RYAM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

RYN’s Market Performance

RYN’s stock has fallen by -4.32% in the past week, with a monthly drop of -5.67% and a quarterly rise of 2.73%. The volatility ratio for the week is 3.12% while the volatility levels for the last 30 days are 2.13% for Rayonier Inc The simple moving average for the past 20 days is -3.84% for RYN’s stock, with a -3.04% 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 -4.38% 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 -14.68% of loss for the given period.

Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 3.12%, as shares sank -6.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.30% lower at present.

During the last 5 trading sessions, RYN fell by -4.32%, which changed the moving average for the period of 200-days by -2.43% in comparison to the 20-day moving average, which settled at $31.31. In addition, Rayonier Inc saw -9.88% 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 0.09. Equity return is now at value 8.82, with 4.42 for asset returns.

Based on Rayonier Inc (RYN), the company’s capital structure generated 0.42 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 0.73. The interest coverage ratio of the stock is 12.18.

Currently, EBITDA for the company is 378.19 million with net debt to EBITDA at 2.88. When we switch over and look at the enterprise to sales, we see a ratio of 5.76. The receivables turnover for the company is 20.32for trailing twelve months and the total asset turnover is 0.29.

Conclusion

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

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