Ryerson (RYI) Stock Forecast, Price Target & Predictions
RYI Stock Forecast
Ryerson stock forecast is as follows: an average price target of $36.50 (represents a 86.80% upside from RYI’s last price of $19.54) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
RYI Price Target
The average price target for Ryerson (RYI) is $36.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $28.00. This represents a potential 86.80% upside from RYI's last price of $19.54.
RYI Analyst Ratings
According to 1 Wall Street analysts, Ryerson's rating consensus is 'Hold'. The analyst rating breakdown for RYI stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ryerson Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 02, 2024 | Katja Jancic | BMO Capital | $28.00 | $23.73 | 17.99% | 43.30% |
| Jul 05, 2023 | Katja Jancic | Loop Capital Markets | $45.00 | $41.97 | 7.23% | 130.30% |
The latest Ryerson stock forecast, released on May 02, 2024 by Katja Jancic from BMO Capital, set a price target of $28.00, which represents a 17.99% increase from the stock price at the time of the forecast ($23.73), and a 43.30% increase from RYI last price ($19.54).
Ryerson Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $28.00 |
| Last Closing Price | $19.54 | $19.54 | $19.54 |
| Upside/Downside | -100.00% | -100.00% | 43.30% |
In the current month, the average price target of Ryerson stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ryerson's last price of $19.54. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 02, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 05, 2023 | BMO Capital | Outperform | Perform | Downgrade |
| Aug 15, 2022 | BMO Capital | Outperform | Upgrade |
Ryerson's last stock rating was published by BMO Capital on May 02, 2024. The company gave RYI a "Market Perform" rating, the same as its previous rate.
Ryerson Financial Forecast
Ryerson Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.25B | $1.34B | $1.41B | $1.29B | $1.54B | $1.74B | $1.75B | $1.53B | $1.58B | $1.42B | - | $853.00M | $831.50M | $771.80M | $1.01B | $961.50M | $1.10B | $1.20B | $1.23B | $941.30M | $814.50M |
| Avg Forecast | $1.14B | $1.19B | $1.21B | $1.17B | $1.02B | $1.12B | $1.27B | $1.22B | $1.12B | $1.26B | $1.40B | $1.39B | $1.22B | $1.49B | $1.80B | $1.02B | $1.25B | $1.54B | $1.32B | $1.09B | $882.60M | $827.31M | $745.51M | $1.03B | $987.20M | $1.11B | $1.19B | $1.25B | $806.83M | $692.33M |
| High Forecast | $1.15B | $1.21B | $1.22B | $1.19B | $1.04B | $1.13B | $1.27B | $1.22B | $1.13B | $1.26B | $1.42B | $1.41B | $1.23B | $1.49B | $1.80B | $1.02B | $1.25B | $1.54B | $1.32B | $1.09B | $882.60M | $827.31M | $745.51M | $1.03B | $987.20M | $1.11B | $1.19B | $1.25B | $968.19M | $830.79M |
| Low Forecast | $1.12B | $1.18B | $1.19B | $1.16B | $1.01B | $1.12B | $1.27B | $1.22B | $1.11B | $1.25B | $1.38B | $1.38B | $1.21B | $1.49B | $1.80B | $1.02B | $1.25B | $1.54B | $1.32B | $1.09B | $882.60M | $827.31M | $745.51M | $1.03B | $987.20M | $1.11B | $1.19B | $1.25B | $645.46M | $553.86M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 0.96% | 1.01% | 1.06% | 1.03% | 0.97% | 1.72% | 1.22% | 1.02% | 1.07% | - | 0.97% | 1.01% | 1.04% | 0.98% | 0.97% | 0.99% | 1.01% | 0.98% | 1.17% | 1.18% |
Ryerson's average Quarter revenue forecast for Dec 23 based on 1 analysts is $1.12B, with a low forecast of $1.11B, and a high forecast of $1.13B. RYI's average Quarter revenue forecast represents a -10.13% decrease compared to the company's last Quarter revenue of $1.25B (Sep 23).
Ryerson EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | - | $56.30M | $58.30M | $69.90M | $-27.70M | $99.20M | $282.20M | $242.60M | $163.50M | $93.30M | $178.10M | - | $8.00M | $-25.40M | $2.80M | $54.30M | $70.40M | $55.20M | $60.30M | $80.60M | $49.30M | $54.10M |
| Avg Forecast | $70.62M | $74.18M | $75.07M | $73.02M | $63.65M | $69.83M | $79.13M | $68.87M | $69.67M | $78.15M | $87.03M | $62.61M | $135.51M | $71.98M | $86.72M | $56.91M | $60.49M | $74.36M | $91.91M | $52.73M | $42.56M | $39.90M | $35.95M | $44.99M | $47.61M | $53.66M | $57.47M | $49.49M | $41.08M | $44.55M |
| High Forecast | $71.43M | $75.03M | $75.93M | $73.86M | $64.38M | $70.03M | $79.13M | $82.64M | $70.47M | $78.39M | $88.03M | $75.13M | $162.62M | $71.98M | $86.72M | $68.30M | $60.49M | $74.36M | $110.29M | $52.73M | $42.56M | $39.90M | $35.95M | $53.99M | $47.61M | $53.66M | $57.47M | $59.39M | $49.30M | $53.46M |
| Low Forecast | $69.81M | $73.33M | $74.21M | $72.18M | $62.92M | $69.63M | $79.13M | $55.09M | $68.87M | $77.92M | $86.03M | $50.08M | $108.41M | $71.98M | $86.72M | $45.53M | $60.49M | $74.36M | $73.53M | $52.73M | $42.56M | $39.90M | $35.95M | $35.99M | $47.61M | $53.66M | $57.47M | $39.59M | $32.87M | $35.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.72% | 0.67% | 1.12% | -0.20% | 1.38% | 3.25% | 4.26% | 2.70% | 1.25% | 1.94% | - | 0.19% | -0.64% | 0.08% | 1.21% | 1.48% | 1.03% | 1.05% | 1.63% | 1.20% | 1.21% |
1 analysts predict RYI's average Quarter EBITDA for Dec 23 to be $69.67M, with a high of $70.47M and a low of $68.87M. This is 23.75% upper than Ryerson's previous annual EBITDA (Sep 23) of $56.30M.
Ryerson Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 18 |
| Net Income | - | - | - | - | - | - | - | - | - | $35.00M | $37.60M | $47.30M | $-23.80M | $55.10M | $196.40M | $163.60M | $106.50M | $49.70M | $112.90M | - | $-16.70M | $-39.90M | $-25.60M | $16.40M | $26.40M | $10.10M | $16.40M | $29.50M | $10.40M | $14.80M |
| Avg Forecast | $9.50M | $14.74M | $15.06M | $2.95M | $-15.88M | $1.96M | $6.88M | $20.80M | $8.51M | $12.12M | $44.04M | $18.91M | $88.19M | $84.15M | $155.74M | $17.19M | $74.00M | $60.23M | $58.26M | $15.49M | $12.57M | $-4.24M | $-9.02M | $13.59M | $3.31M | $21.75M | $26.70M | $18.11M | $8.67M | $12.19M |
| High Forecast | $9.64M | $14.96M | $15.29M | $2.99M | $-14.93M | $1.99M | $6.98M | $24.96M | $8.64M | $13.10M | $44.70M | $22.69M | $105.83M | $84.15M | $155.74M | $20.63M | $74.00M | $60.23M | $69.91M | $15.49M | $12.57M | $-4.24M | $-9.02M | $16.31M | $3.31M | $21.75M | $26.70M | $21.74M | $10.40M | $14.63M |
| Low Forecast | $9.35M | $14.52M | $14.84M | $2.90M | $-16.83M | $1.94M | $6.77M | $16.64M | $8.39M | $11.13M | $43.39M | $15.13M | $70.55M | $84.15M | $155.74M | $13.75M | $74.00M | $60.23M | $46.61M | $15.49M | $12.57M | $-4.24M | $-9.02M | $10.87M | $3.31M | $21.75M | $26.70M | $14.49M | $6.93M | $9.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.89% | 0.85% | 2.50% | -0.27% | 0.65% | 1.26% | 9.52% | 1.44% | 0.83% | 1.94% | - | -1.33% | 9.40% | 2.84% | 1.21% | 7.98% | 0.46% | 0.61% | 1.63% | 1.20% | 1.21% |
Ryerson's average Quarter net income forecast for Dec 23 is $8.51M, with a range of $8.39M to $8.64M. RYI's average Quarter net income forecast represents a -75.67% decrease compared to the company's last Quarter net income of $35.00M (Sep 23).
Ryerson SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 18 |
| SG&A | - | - | - | - | - | - | - | - | - | $193.00M | $202.60M | $194.20M | $190.50M | $186.50M | $182.90M | $175.30M | $180.90M | $180.20M | $178.30M | - | $96.60M | $177.90M | $124.10M | $155.70M | $142.90M | $165.60M | $164.60M | $163.70M | $130.50M | $117.30M |
| Avg Forecast | $158.60M | $166.59M | $168.59M | $163.99M | $142.94M | $156.82M | $177.71M | $197.47M | $156.46M | $175.51M | $195.45M | $179.52M | $149.94M | $208.46M | $251.12M | $163.20M | $175.18M | $215.34M | $92.01M | $152.70M | $123.26M | $115.54M | $104.11M | $129.01M | $137.86M | $155.41M | $166.42M | $100.52M | $108.75M | $96.60M |
| High Forecast | $160.42M | $168.50M | $170.53M | $165.87M | $144.59M | $157.28M | $177.71M | $236.96M | $158.26M | $176.05M | $197.69M | $215.42M | $179.92M | $208.46M | $251.12M | $195.84M | $175.18M | $215.34M | $110.41M | $152.70M | $123.26M | $115.54M | $104.11M | $154.81M | $137.86M | $155.41M | $166.42M | $120.62M | $130.50M | $115.92M |
| Low Forecast | $156.78M | $164.68M | $166.66M | $162.11M | $141.30M | $156.37M | $177.71M | $157.97M | $154.67M | $174.98M | $193.21M | $143.61M | $119.95M | $208.46M | $251.12M | $130.56M | $175.18M | $215.34M | $73.61M | $152.70M | $123.26M | $115.54M | $104.11M | $103.21M | $137.86M | $155.41M | $166.42M | $80.41M | $87.00M | $77.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.10% | 1.04% | 1.08% | 1.27% | 0.89% | 0.73% | 1.07% | 1.03% | 0.84% | 1.94% | - | 0.78% | 1.54% | 1.19% | 1.21% | 1.04% | 1.07% | 0.99% | 1.63% | 1.20% | 1.21% |
Ryerson's average Quarter SG&A projection for Dec 23 is $156.46M, based on 1 Wall Street analysts, with a range of $154.67M to $158.26M. The forecast indicates a -18.93% fall compared to RYI last annual SG&A of $193.00M (Sep 23).
Ryerson EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 18 |
| EPS | - | - | - | - | - | - | - | - | - | $1.02 | $1.07 | $1.30 | $-0.64 | $1.49 | $5.20 | $4.26 | $2.77 | $1.29 | $2.94 | - | $-0.44 | $-1.05 | $-0.67 | $0.43 | $0.70 | $0.27 | $0.43 | $0.79 | $0.28 | $0.40 |
| Avg Forecast | $0.29 | $0.45 | $0.46 | $0.09 | $-0.48 | $0.06 | $0.21 | $0.32 | $0.26 | $0.37 | $1.34 | $1.00 | $0.79 | $2.44 | $4.53 | $3.92 | $2.15 | $1.75 | $0.70 | $0.45 | $0.37 | $-0.12 | $-0.26 | $0.34 | $0.10 | $0.63 | $0.78 | $0.57 | $0.20 | $0.28 |
| High Forecast | $0.29 | $0.46 | $0.47 | $0.09 | $-0.46 | $0.06 | $0.21 | $0.32 | $0.26 | $0.40 | $1.37 | $1.01 | $0.80 | $2.44 | $4.53 | $3.92 | $2.15 | $1.75 | $0.70 | $0.45 | $0.37 | $-0.12 | $-0.26 | $0.34 | $0.10 | $0.63 | $0.78 | $0.57 | $0.24 | $0.34 |
| Low Forecast | $0.29 | $0.44 | $0.45 | $0.09 | $-0.51 | $0.06 | $0.21 | $0.31 | $0.26 | $0.34 | $1.32 | $0.99 | $0.78 | $2.44 | $4.53 | $3.92 | $2.15 | $1.75 | $0.70 | $0.45 | $0.37 | $-0.12 | $-0.26 | $0.34 | $0.10 | $0.63 | $0.78 | $0.57 | $0.16 | $0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.76% | 0.80% | 1.30% | -0.81% | 0.61% | 1.15% | 1.09% | 1.29% | 0.74% | 4.17% | - | -1.20% | 8.51% | 2.56% | 1.25% | 7.28% | 0.43% | 0.55% | 1.39% | 1.40% | 1.43% |
According to 1 Wall Street analysts, Ryerson's projected average Quarter EPS for Dec 23 is $0.26, with a low estimate of $0.26 and a high estimate of $0.26. This represents a -74.51% decrease compared to RYI previous annual EPS of $1.02 (Sep 23).
Ryerson Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RYI | Ryerson | $21.66 | $36.50 | 68.51% | Hold |
| MEC | Mayville Engineering Company | $16.68 | $24.00 | 43.88% | Buy |
| ATI | ATI | $55.25 | $77.00 | 39.37% | Buy |
| WOR | Worthington Industries | $38.20 | $46.00 | 20.42% | Hold |
| NWPX | Northwest Pipe Company | $52.15 | $50.00 | -4.12% | |
| ESAB | ESAB | $129.51 | $117.50 | -9.27% | Buy |
| CRS | Carpenter | $172.56 | $144.00 | -16.55% | Buy |