WallStreetZenWallStreetZen

How to Buy Ryerson Holding Stock

Ryerson Holding Corp

Ryerson Holding is a metal fabrication company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker RYI on the NYSE exchange.

Ryerson Holding stock last closed at $20.05, up 2.04% from the previous day, and has decreased 49.06% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.64 percentage points. Ryerson Holding stock is currently +2.24% from its 52-week low of $19.61, and -55.15% from its 52-week high of $44.70.

There are currently 34.34M shares of RYI outstanding. The market value of RYI is $688.43M. In the last 24 hours, 395,484 RYI shares were traded.

How to Buy Ryerson Holding Stock

Wondering how to invest in Ryerson Holding stock? Here's how.
  1. Decide where to buy Ryerson Holding stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Ryerson Holding stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Research Ryerson Holding stock: The Ryerson Holding ticker symbol is RYI. Is Ryerson Holding stock a good investment? Should you buy shares of RYI? How do RYI's underlying business fundamentals look? Do top analysts think Ryerson Holding is a good buy? Why has RYI's stock price moved recently? (Hint: Our stock research tools can help you evaluate if RYI is a good stock to buy).
  5. Make your RYI trade: Decide if you will purchase RYI shares at the current market price or use a limit order to purchase RYI stock at a specific price.
  6. Monitor your investment in RYI: Create a watchlist to important updates regarding your investment in Ryerson Holding shares.

Step 1: Decide where to buy Ryerson Holding stock

You need an online brokerage account in order to access the NYSE market and buy RYI shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to invest in RYI stock today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to open your new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you have filled out your info on our top ranked stock trading app, you need to deposit funds:

Watch this video walkthrough to see the process of depositing money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Ryerson Holding stock

After you have selected the best place to buy Ryerson Holding stock, it's critical to evaluate their stock prior to buying, so you can comprehend the risk and opportunity.

Ryerson Holding shares data

RYI Price
$20.05
1w %
-2.53%
1y %
-49.06%
5y %
170.58%
P/E
7.59x
P/B
0.77x
P/S
0.14x
PEG
N/A
Revenue
$4.94B
Earnings
$90.80M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$688.43M
Next Earnings
Jul 29, 2024
Next Dividend
N/A

Ryerson Holding Overview

WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.

You can see all of the due diligence checks on RYI's stock page.

Is RYI stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RYI's fair value.

Using relative valuations metrics:

  • RYI could be undervalued based on its P/E ratio of 7.59x, relative to Metal Fabrication industry P/E ratio of 20.29x
  • RYI could be undervalued based on its P/B ratio of 0.77x, relative to Metal Fabrication industry P/B ratio of 3.02x

You can access additional valuation analysis on RYI's stock here.

RYI Financial Overview

Passed Health Checks:

  • RYI's operating cash flow of $236.90M allows it to safely service it's debt of $869.40M.
  • There are more short-term assets than short-term liabilities on the RYI balance sheet.
  • There are more short-term assets than long-term liabilities on the RYI balance sheet.
  • Total RYI debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • RYI earnings of $158.40M is not enough to cover its interest payments.
  • RYI profit margin has gone down from 4.6% to 1.8% in the past year.
  • RYI has a relatively high debt to equity ratio of 2.05.

Is it a good time to buy RYI stock, according to Wall Street analysts?

Out of 1 sell side analysts who research RYI, the consensus analyst rating on RYI is a Hold

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Ryerson Holding stock forecast page.

RYI Momentum

SMA10
20.75
SMA20
21.98
SMA50
24.83
SMA100
28.82
SMA200
29.62
MACD
-1.32
MACD Signal
-1.28
MACD Histogram
-0.04
RSI
29.48
Stochastic %K
5.27
Stochastic %D
3.19
StochRSI %K
12.25
StochRSI %D
4.08

RYI Earnings

Last year, RYI earnings were $90.80M. In the past 5 year, RYI's earnings have increased by -4.65% per year. This was slower than the Metal Fabrication industry average of 13.91%.

Last year, RYI revenue was $4.94B. During the last five year, RYI's revenue has gone up by 1.02% per year. This was slower than the Metal Fabrication industry average of 3.84%.

You can analyze RYI's earnings and revenue performance here.

Are RYI insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at RYI have sold more shares than they have bought.

Karen Marie Leggio, Director of RYI, was the latest RYI insider to buy. They bought $49,984.50 worth of RYI stock on May 30, 2024.

Research more about who owns RYI stock here.

Does RYI provide a stable income stream?

Ryerson Holding pays a dividend of 2.77%, compared to the Metal Fabrication industry's average dividend yield of 3.02%. If you owned $1,000 worth of RYI stock, you would have received $27.68 last year.

Dig into more analysis about Ryerson Holding dividend yield and history here.

RYI Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your RYI trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Hit the Open button and your broker will execute your order.

If you require more info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your investment in RYI

Now that you own some RYI shares, you'll want to keep up with your new stock purchase.

Start a watchlist to keep tabs on your RYI stock.

RYI Feed

How to Buy Stock in Ryerson Holding

To summarize, here are the 6 steps to buy Ryerson Holding stock:

  1. Decide where to buy Ryerson Holding stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Ryerson Holding stock
  5. Make your RYI trade
  6. Monitor your investment in RYI

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Ryerson Holding, create your watchlist below.

NYSE: RYI
$20.05+0.40 (+2.04%)
Updated Jun 24, 2024
Open eToro Account
NYSE: RYI
$20.05+0.40 (+2.04%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ryerson Holding share?

As of Jun 24, 2024, it costs $20.05 to buy one share of Ryerson Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.499 shares of RYI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ryerson Holding stock?

According to 1 Wall Street analysts who monitor Ryerson Holding, their consensus recommendation is to hold Ryerson Holding stock.

What is the best way to buy Ryerson Holding stock?

One way to place an order for Ryerson Holding stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.