Ryerson HoldingRYI
RYI
About: Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada, and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminum, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.
Employees: 4,300
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
44% more call options, than puts
Call options by funds: $167K | Put options by funds: $116K
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
4.53% more ownership
Funds ownership: 89.83% [Q3] → 94.36% (+4.53%) [Q4]
3% more funds holding
Funds holding: 135 [Q3] → 139 (+4) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
7% less capital invested
Capital invested by funds: $596M [Q3] → $556M (-$39.3M) [Q4]
20% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 54
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$25
10%
upside
Avg. target
$25
10%
upside
High target
$25
10%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
BMO Capital Katja Jancic 62% 1-year accuracy 8 / 13 met price target | 10%upside $25 | Market Perform Maintained | 24 Feb 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Ryerson Holding Corporation (RYI) Q4 2024 Earnings Call Transcript
Ryerson Holding Corporation (NYSE:RYI ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Pratham Dear - Manager of Investor Relations Eddie Lehner - President & Chief Executive Officer Jim Claussen - Chief Financial Officer Molly Cannon - Chief Accounting Officer & Corporate Controller Conference Call Participants Phil Gibbs - KeyBanc Capital Markets Operator Good day, and welcome to the Ryerson Holding Corporation Fourth Quarter 2024 Conference Call. Today's conference is being recorded.
Neutral
PRNewsWire
1 month ago
Ryerson Reports Fourth Quarter and Full-Year 2024 Results
Quarterly business highlights include strong operating cash flow generation of $92.2 million, continued modernization of the Shelbyville, KY non-ferrous processing center, and progress scaling and optimizing newly placed-in-service assets across our North America service center network CHICAGO , Feb. 20, 2025 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the fourth quarter and year ended December 31, 2024. Highlights: Generated fourth quarter revenue of $1.01 billion on 447,000 tons shipped at an average selling price of $2,254 per ton Incurred Net Loss attributable to Ryerson Holding Corporation of $4.3 million, or Diluted Loss Per Share of $0.13 and Adjusted EBITDA1, excluding LIFO of $10.3 million Generated Fourth Quarter Operating Cash Flow of $92.2 million and Free Cash Flow of $68.9 million.
Neutral
PRNewsWire
2 months ago
Ryerson to Host Earnings Call on Friday, February 21st to Discuss Fourth Quarter and Full-Year 2024 Results
CHICAGO , Jan. 16, 2025 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its fourth quarter and full-year 2024 financial results for the period ended December 31, 2024 on Friday, February 21 st at 10 a.m. Eastern Time.
Neutral
Seeking Alpha
5 months ago
Ryerson Holding Corporation (RYI) Q3 2024 Earnings Call Transcript
Ryerson Holding Corporation (NYSE:RYI ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Pratham Dear - Manager of Investor Relations Eddie Lehner - President and Chief Executive Officer Mike Burbach - Chief Operating Officer Jim Claussen - Chief Financial Officer Molly Cannon - Chief Accounting Officer and Corporate Controller John Orth - Executive Vice President of Operations Conference Call Participants Katja Jancic - BMO Capital Markets Samuel McKinney - KeyBanc Capital Markets Operator Good day, and welcome to the Ryerson Holding Corporation Third Quarter 2024 Conference Call. Today's conference is being recorded.
Neutral
PRNewsWire
5 months ago
Ryerson Reports Third Quarter 2024 Results
Quarterly business highlights include operating cash flow of $134.6 million, Central Steel & Wire's University Park, IL distribution hub and service center open house, progress on expansion and modernization of the Shelbyville, KY non-ferrous processing center, closing of the Production Metals acquisition and entry into aerospace, defense, and semiconductor metals markets, and ongoing cost-reduction work across our North America service center network CHICAGO , Oct. 29, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the third quarter ended September 30, 2024. Highlights: Generated $1.13 billion of revenue from 485,000 tons shipped and average selling price of $2,323 per ton Incurred Net Loss attributable to Ryerson Holding Corporation of $6.6 million, or Diluted Loss Per Share of $0.20 and Adjusted EBITDA1, excluding LIFO of $21.0 million as counter-cyclical and seasonal bottoming continues Generated Operating Cash Flow of $134.6 million and Free Cash Flow of $103.4 million Reduced inventory by $80.8 million on a FIFO cost basis2, compared to the second quarter of 2024 Returned $42.0 million to shareholders during the quarter, comprised of $36.0 million in share repurchases and $6.0 million in dividends Ended the quarter with debt of $522 million and net debt3 of $487 million as of September 30, 2024, compared to $525 million and $497 million, respectively, on June 30, 2024 Progressing well towards $60 million of annualized cost reduction expectations from operating expenses4 Acquired Production Metals, a value-added processor of aluminum, stainless, and specialty steel Hosted open house at Central Steel & Wire's University Park, IL distribution hub and service center for customers, suppliers, vendors, investors, and employees Declared a fourth-quarter 2024 dividend of $0.1875 per share A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.
Neutral
PRNewsWire
5 months ago
Ryerson to Host Earnings Call on Wednesday, October 30th to Discuss Third Quarter 2024 Results
CHICAGO , Oct. 8, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its third quarter 2024 financial results for the period ended September 30, 2024 on Wednesday, October 30 th at 10 a.m. Eastern Time.
Positive
Seeking Alpha
6 months ago
Ryerson: Transformative Turnaround Acquisitions, And Cheap
Ryerson Holding's acquisitions, restructuring, and stock repurchases are expected to boost free cash flow and stock demand, making the stock significantly undervalued. The company's diverse client base across multiple industries, including EV and renewable energy, mitigates sector-specific risks and supports revenue stability. The new stock repurchase program and balance sheet improvements, including reduced net debt and increased book value per share, enhance stock valuation.
Neutral
PRNewsWire
7 months ago
Ryerson Acquires Production Metals
CHICAGO , Aug. 2, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today its acquisition of Production Metals, LLC ("Production Metals"), a distributor of aluminum, stainless, and specialty steels. Based in Monroe, Connecticut, Production Metals serves New England and the surrounding area with bar, tube, sheet, and plate products along with precision sawing, lasering, and water jet cutting.
Neutral
PRNewsWire
8 months ago
Ryerson Reports Second Quarter 2024 Results
Quarterly business highlights include ramp-up of operations at University Park, IL service center, expansion and modernization of the Shelbyville, KY service center, and progress on cost savings across the network CHICAGO , July 30, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2024. Highlights: Delivered Net Income attributable to Ryerson Holding Corporation of $9.9 million and Adjusted EBITDA1, excluding LIFO of $42.6 million Earned diluted EPS2 of $0.29 on $1.23 billion of revenue from 508,000 tons shipped and average selling price of $2,412 per ton Reduced operating expenses3 by $17.8 million, compared to the first quarter of 2024, as part of previously announced cost reductions.
Neutral
PRNewsWire
8 months ago
Ryerson to Host Earnings Call on Wednesday, July 31st to Discuss Second Quarter 2024 Results
CHICAGO , July 2, 2024 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its second quarter 2024 financial results for the period ended June 30, 2024 on Wednesday, July 31 st at 10 a.m. Eastern Time.
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