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 $32.00, up 0.47% from the previous day, and has decreased 18.07% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.44 percentage points. Ryerson Holding stock is currently +22.37% from its 52-week low of $26.15, and -28.41% from its 52-week high of $44.70.
There are currently 34.02M shares of RYI outstanding. The market value of RYI is $1.09B. In the last 24 hours, 177,226 RYI shares were traded.
How to Buy Ryerson Holding Stock
Wondering how to invest in Ryerson Holding stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 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
- 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.
- Input your personal data to open your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
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.
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
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 7.67x, relative to Metal Fabrication industry P/E ratio of 18.39x
- RYI could be undervalued based on its P/B ratio of 1.2x, relative to Metal Fabrication industry P/B ratio of 2.89x
- RYI could be overvalued based on its PEG ratio of 1.32x
You can access additional valuation analysis on RYI's stock here.
RYI Financials at a glance
Passed Health Checks:
- RYI earnings of $227.70M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the RYI balance sheet.
- RYI's operating cash flow of $365.10M allows it to safely service it's debt of $803.80M.
- 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 profit margin has gone down from 6.2% to 2.9% in the past year.
- RYI has a relatively high debt to equity ratio of 1.83.
Do analysts think it's a good time to buy Ryerson Holding stock
Out of 1 sell side analysts who monitor RYI, the consensus analyst rating on Ryerson Holding is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Ryerson Holding stock forecast page.
Metrics for Advanced RYI Traders
How are RYI Revenues/Earnings doing?
Last year, RYI earnings were $145.70M. Over the past five year, RYI's earnings have increased by 7.99% per year. This was slower than the Metal Fabrication industry average of 27.18%.
Last year, RYI revenue was $5.11B. During the last 5 year, RYI's revenue has increased by 2.99% per year. This was slower than the Metal Fabrication industry average of 3.8%.
Dig into RYI's earnings and revenue performance here.
Who is buying/selling RYI?
In the past year, insiders at RYI have sold more shares than they have bought.
Michael Burbach, Chief Operating Officer of RYI, was the latest RYI insider to sell. They sold $437,979.00 worth of RYI shares on Apr 1, 2024.
Research more about who owns RYI stock here.
Does RYI stock generate passive income?
Ryerson Holding pays a dividend of 2.3%, compared to the Metal Fabrication industry's average dividend yield of 3.42%. If you owned $1,000 of RYI stock, you would have received $22.97 in the past 12 months.
Dig into more info about Ryerson Holding dividend yield and history here.
What others are saying about RYI
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your RYI trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in RYI
Now that you own some RYI stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to track the most important metrics related to your RYI stock.
RYI Feed
How to Buy Stock in Ryerson Holding
To summarize, here are the 6 steps to buy Ryerson Holding stock:
- Decide where to buy Ryerson Holding stock
- Create a brokerage account
- Put funds into your investment account
- Research Ryerson Holding stock
- Make your RYI trade
- Monitor your investment in RYI
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Ryerson Holding, create your watchlist below.
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