Rayonier Inc. (NYSE:RYN) went down by -0.73% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the REIT – Specialty giant went up by $24.63 to trade ended Wednesday trading at $24.81. This is down from the $24.81 price recorded on Tuesday’s trading session. Thanks to this latest performance, RYN is closer to the higher price 52-week target of $32.00 and further from the lowest price target of $26.00. Its performance from the start of the year has also been negative, with RYN down by -24.82% year-to-date.
Rayonier Inc. (RYN) started the day trading at $24.35 and recorded an intraday high of $24.85. It also recorded an intraday low of $24.15 during Wednesday’s trading session. Rayonier Inc. is a very active stock that recorded a trading volume that is less than -17.63% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 703600, which is less than -17.63 of the total average daily trading volume of 827.61K.
Rayonier Inc. (NYSE:RYN) 2020 Performance Impressive
The increase in RYN’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of RYN currently stands at $33.10, which is higher than the current trading price of the stock by 25.59%. However, RYN’s current trading price is -54.32% lower than the 52-week low price of $15.96. In terms of trading volume, Rayonier Inc. currently experienced healthy participation during the last trading session. 703600 shares of Rayonier Inc. were traded on the stock exchange on Wednesday, which is less than -17.63% of the 827.61K average trading volume of the stock.
The performance of the stock has been positive over the past year. RYN’s performance over the past one year has seen it plunge by -17.95%, while the stock has gone down by -24.86% in the last six months. The quarterly performance of RYN currently stands at 12.21%, and it is up by 2.20% in the last month. The only positive figure was from the weekly performance, which currently reads 2.03%. At the time of writing RYN’s report, the company has a total market cap of $3.19B, making it one of the largest publicly-traded companies in the world.Rayonier Inc. also has over 353 employees all over the world.
RYN Insider Activities
For Rayonier Inc., insiders hold 86.30% of all company shares. The insider transactions over the past six months are up by 36.60%. During that period, insiders bought 236,357 shares in 31 transactions. In that same period, insiders sold 50,896 of their shares in 33 transactions. After these transactions, insiders at Rayonier Inc. now hold 882.79k shares, which is over 90.58% of the total company stocks. Institutional investors currently hold a large chunk of the RYN shares, as they control 0.68% of the company’s total stock.
RYN Fundamental Analysis
For Rayonier Inc., the stock’s diluted earnings per share (EPS) stands at 0.47. In the coming year, analysts expect the EPS to be 0.48. The EPS growth will up over the next five years to 5.00% after surging by 1.30% in the previous five years. In terms of revenue, Rayonier Inc.’s quarterly sales (YOY) is growing at 0.02, which is lower than the average annual revenue of 1.30% over the past half a decade.
The Return on Investment (ROI) on Rayonier Inc.’s stock currently stands at 3.80%, and it has a net profit margin of 7.70%. The operating margin of the company is 13.70%, and its gross margin is 19.80%.
RYN Analysts Prediction
In March 27, 2020, several analysts reiterated their positions on the Rayonier Inc. stock and predicted its performance to their investors. The analysts at Citigroup believe RYN is still a Buy and set the price target between $33 and $29.
RYN received a positive rating from RBC Capital Mkts, which set a price target of $23-$22 for the stock.
At the moment, Rayonier Inc.’s Total Debt to Equity ratio stands at 0.80, and they have a long-term Debt to Equity ratio of 0.80.
RYN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of RYN currently stands at 0.71%, while the SMA50 is 2.73%. The biggest one is the SMA200, which is currently reading -10.16% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 51.56, while its price to earnings ratio (P/E) is 52.97.