Ryerson Hld

Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes 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 firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

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Earnings data Q4 2024

Ryerson Hld reports strong Q4 performance amidst pricing trends

Ryerson Holding Corporation's Q4 2022 performance reflects a resilient approach to debt reduction, strategic investments, and operational efficiency.
Despite facing challenges related to pricing volatility and economic uncertainties, the company's strong leadership and focus on sustainable growth position it for future success.
Opportunities lie in capitalizing on growing demand for industrial metals, innovating value-added services, and expanding market presence through strategic initiatives.

Ryerson Hld (RYI) reports robust Q1 earnings and outlines growth strategies

Ryerson Holding Corporation's Q1 2023 earnings call showcased strong financial performance, strategic growth initiatives, and a positive outlook for Q2.
The company's focus on sustainable solutions, disciplined acquisitions, and operational efficiency underpin its resilience and market positioning.
Challenges in pricing dynamics, integration processes, and market uncertainties require strategic management and operational agility.
Opportunities for growth through market expansion, innovation, and value-added services highlight Ryerson's potential for long-term success.

Ryerson Hld (RYI) Q2 2023 Earnings Call: Navigating Challenges, Embracing Growth Opportunities

Ryerson Holding Corporation navigated through a tough second quarter by focusing on strategic investments and operational efficiencies. While facing margin pressures and market uncertainties, the company remains resilient and committed to long-term growth.

Ryerson Hld meets Q3 guidance amidst market challenges and investments

Ryerson Hld faced challenges in Q3 but managed to meet guidance and make strategic investments for future growth. The company is navigating market conditions and focusing on operational efficiency.

Ryerson Hld exceeds Q4 expectations, poised for strategic growth

Ryerson Holding Corporation delivered a robust performance in Q4 2023, surpassing financial expectations and demonstrating operational efficiency.
Despite market challenges, the company's resilience, strategic investments, and strong financial management position it well for future growth.
Management's focus on enhancing profitability, navigating uncertainties, and seizing growth opportunities underscores Ryerson's strategic direction.

Ryerson Hld Q1 2024: Mixed Results, Strategic Investments Drive Growth

Ryerson's Q1 performance reflects a strategic shift towards investment and optimization for long-term growth. Despite challenges in profitability and integration, the company's focus on customer experience and acquisitions positions it well for future success.

Ryerson Hld Q2 2024: Revenue meets guidance, challenges in pricing

Ryerson Holding Corporation faced challenges from pricing pressure and margin compression in Q2 2024, impacting financial performance.
Despite these challenges, the company demonstrated strengths in cost management, operational optimization, and cash flow generation.
Opportunities lie in upcoming initiatives, addressing common issues, and optimizing working capital to drive future growth and profitability.

Ryerson Holding Corp meets Q3 guidance amidst pricing challenges

Ryerson Holding Corporation's Q3 performance met guidance expectations, with revenue of $1.13 billion and a net loss of $6.6 million, highlighting challenges in pricing dynamics and sales volume.
The company's strategic strengths lie in its focus on efficiency optimization, investments in facilities and technology, and understanding of steel industry dynamics.
While facing challenges such as margin compression and lower Q4 expectations, Ryerson sees opportunities in cyclical improvements, cost reductions, and operational enhancements.

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Ryerson Holding Corp. engages in the processing and distribution of industrial metals. It processes and distributes 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 firm serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment, and electrical machinery. It also offers value-added processing and fabrication services such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius. The company was founded in 1842 and is headquartered in Chicago, IL.

CHICAGO , June 26, 2023 /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 second quarter 2023 financial results for the period ended June 30, 2023 on Tuesday, August 1 st at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Tuesday, August 1st to Discuss Second Quarter 2023 Results

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Here is how Ryerson Holding (RYI) and Suzano S.A. Sponsored ADR (SUZ) have performed compared to their sector so far this year.

Is Ryerson (RYI) Stock Outpacing Its Basic Materials Peers This Year?

Ryerson Holding Corporation has outperformed the market over the past five years due to profitable growth, dividend issuance, re-shoring, and inflation. RYI's free cash flow generation supports its dividend policy, and it is well-positioned to benefit from the ongoing re-shoring trend. Ryerson stock is trading at attractive valuation levels, with a high free cash flow yield compared to the market.

Reinforce Your Portfolio With Ryerson

Ryerson Holding Corporation has had a solid start to the year with QoQ growth and impressive FCF margins too. The company announces a 5.9% raise in the dividend and increases the buyback budget too going into April 2025. The company has a solid balance sheet, and I think the valuation right now is very intriguing and will be rating it a buy.

Ryerson Holding: Solid Company With Solid Results

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CHICAGO , May 8, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the closing of an underwritten secondary public offering of 2,630,700 shares of its common stock by an affiliate of Platinum Equity LLC (the "Selling Stockholder"). Ryerson did not offer any shares of its common stock in the offering and did not receive any of the proceeds from the sale of the shares offered by the Selling Stockholder.

Ryerson Holding Corporation Announces Closing of Secondary Offering of Common Stock by its Principal Shareholder and the Concurrent Stock Repurchase

CHICAGO , May 4, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the pricing of the previously announced secondary public offering of 2,630,700 shares of the Company's common stock (the "Offering") pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC") by its principal shareholder, an affiliate of Platinum Equity LLC (the "Selling Stockholder"). The Selling Stockholder will receive all of the net proceeds from the Offering.

Ryerson Holding Corporation Announces Pricing of Secondary Offering of 2,630,700 Shares of Common Stock by its Principal Shareholder

CHICAGO , May 3, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today that its principal shareholder, an affiliate of Platinum Equity LLC (the "Selling Stockholder"), has commenced a secondary offering of 2,630,700 shares of its common stock (the "Offering") pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC").  The Selling Stockholder will receive all of the net proceeds from the Offering.

Ryerson Holding Corporation Announces Secondary Offering of 2,630,700 Shares of Common Stock by its Principal Shareholder and a Concurrent Stock Repurchase

Ryerson Holding Corporation (NYSE:RYI ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Jorge Beristain – VP, Finance Eddie Lehner – President and Chief Executive Officer Mike Burbach – Chief Operating Officer Jim Claussen – Chief Financial Officer Molly Kannan – Chief Accounting Officer and Corporate Controller John Orth – Executive Vice President of Operations Mike Hamilton – Vice President of Corporate Supply Chain Conference Call Participants Samuel McKinney – KeyBanc Katja Jancic – BMO Capital Markets Alan Weber – Robotti Advisors Operator Good day and welcome to the Ryerson Holding Corporation's First Quarter 2023 Conference Call. Today's conference is being recorded.

Ryerson Holding Corporation (RYI) Q1 2023 Earnings Call Transcript

Quarterly results include strong revenue, margins, and operating earnings. Business highlights include $53 million opportunistic share repurchase, acquisition of value-added processor, continued progress at Centralia and University Park service centers, increase in the quarterly dividend, as well as extension and increase of the share repurchase program.

Ryerson Reports First Quarter 2023 Results

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Ryerson (RYI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Ryerson (RYI) Moves to Strong Buy: Rationale Behind the Upgrade

Ryerson (RYI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Ryerson (RYI) Shows Fast-paced Momentum But Is Still a Bargain Stock

CHICAGO , April 4, 2023 /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 first quarter 2023 financial results for the period ended March 31, 2023, on Tuesday, May 2 nd, at 10 a.m. Eastern Time.

Ryerson to Host Earnings Call on Tuesday, May 2nd to Discuss First Quarter 2023 Results

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CHICAGO , March 9, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced its participation at the following upcoming investor conferences: J.P. Morgan Industrials Conference in New York City; March 15 – 16 Bank of America Global Metals, Mining & Steel Conference in Barcelona; May 16 – 18 KeyBanc Industrials & Basic Materials Conference in Boston; May 30 – June 1 Jim Claussen, Ryerson's Chief Financial Officer, stated "Following the successes of our multi-year capital structure transformation, which was highlighted over the past year by retiring the final $300 million of our outstanding high-yield debt and returning more than $120 million to shareholders through repurchases and dividends, we look forward to updating investors on Ryerson's Next Phase Targets.

Ryerson Announces Upcoming Investor Conference Participation Schedule

FY2022 was a slight miss, but in my opinion still good. Share price rallied 30% YTD. Mixed opinions on where the economy is heading in the next 12-24 months and the health of the metal industry are being questioned.

Ryerson Holding: A Solid Metal Processor In A Challenging Environment

CHICAGO, March 2, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today its acquisition of BLP Holdings, LLC ("BLP"). BLP is comprised of three divisions based out of Houston, Texas: Absolute Metal Products, Metal Cutting Specialists, and Houston Water Jet.

Ryerson Acquires BLP Holdings, LLC

CHICAGO , Feb. 28, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the closing of an underwritten secondary public offering of 2,486,580 shares of its common stock by an affiliate of Platinum Equity LLC (the "Selling Stockholder"). Ryerson did not offer any shares of its common stock in the offering and did not receive any of the proceeds from the sale of the shares offered by the Selling Stockholder.

Ryerson Holding Corporation Announces Closing of Secondary Offering of Common Stock by its Principal Shareholder and Concurrent Stock Repurchase

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Ryerson Hld Stock (RYI)