Rayonier Advanced Materials Inc (NYSE: RYAM) |
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Price: $7.9800
$-0.15
-1.845%
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Day's High:
| $8.08
| Week Perf:
| -6.45 %
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Day's Low: |
$ 7.92 |
30 Day Perf: |
-20.2 % |
Volume (M): |
102 |
52 Wk High: |
$ 10.28 |
Volume (M$): |
$ 817 |
52 Wk Avg: |
$5.94 |
Open: |
$8.05 |
52 Wk Low: |
$3.15 |
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Market Capitalization (Millions $) |
531 |
Shares
Outstanding (Millions) |
67 |
Employees |
1,200 |
Revenues (TTM) (Millions $) |
1,573 |
Net Income (TTM) (Millions $) |
-48 |
Cash Flow (TTM) (Millions $) |
-70 |
Capital Exp. (TTM) (Millions $) |
121 |
Rayonier Advanced Materials Inc
Rayonier Advanced Materials Inc., with approximately 456,000 metric tons of
cellulose specialties sales, about two times the sales volumes of the next largest
competitor, is the global leader in the production of cellulose specialties.
Cellulose specialties are natural polymers, used as raw materials to manufacture
a broad range of consumer-oriented products such as cigarette filters, liquid
crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals,
cosmetics, high-tenacity rayon yarn for tires and industrial hoses, food casings,
paints and lacquers. We manufacture products tailored to the precise and demanding
chemical and physical specifications required by our customers, achieving industry
leading purity and product functionality. Our ability to consistently manufacture
high-quality cellulose specialties products is the result of our proprietary
production processes, intellectual property, technical expertise and knowledge
of cellulosic chemistry.
Additionally, a significant portion of our production capacity is dedicated
to manufacturing commodity products for viscose and absorbent materials applications.
In 2016, we sold approximately 249,000 metric tons of commodity products. Commodity
viscose is a raw material required for the manufacture of viscose staple fibers
which are used in woven applications such as textiles for clothing and other
fabrics, and in non-woven applications such as baby wipes, cosmetic and personal
wipes, industrial wipes and mattress ticking. Absorbent materials, typically
referred to as fluff fibers, are used as an absorbent medium in products such
as disposable baby diapers, feminine hygiene products, incontinence pads, convalescent
bed pads, industrial towels and wipes and non-woven fabrics. Cellulose specialties
typically contain over 95 percent cellulose, while commodity products typically
contain less than 95 percent cellulose.
T he Company consisted of Rayonier Inc.’s (“Rayonier”) wholly-owned
performance fibers segment and an allocable portion of Rayonier’s corporate
costs (together, “Rayonier’s performance fibers business”
or the “performance fibers business”). On that date, holders of
Rayonier common shares received one share of the Company’s common stock
for every three Rayonier common shares held on the record date. This resulted
in the separation of the Company from Rayonier (the “Separation”).
The Separation was structured to be tax free to Rayonier shareholders for U.S.
federal income tax purposes and the Company operates as an independent, publicly
traded company.
Company Address: 1301 RIVERPLACE BOULEVARD JACKSONVILLE 32207 FL
Company Phone Number: 357-4600 Stock Exchange / Ticker: NYSE RYAM
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Customers Net Income fell by |
RYAM's Customers Net Profit Margin fell to |
-57.65 % |
14.88 %
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Stock Performances by Major Competitors |
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Business Update
Published Mon, Oct 14 2024 2:36 PM UTC
In a recent press release dated October 11, 2023, Rayonier Advanced Materials Inc. (NYSE: RYAM) provided a critical update regarding a fire incident at its Jesup, Georgia facility. The company, recognized as a leader in High Purity Cellulose production, has successfully navigated this challenging situation while simultaneously reporting an impressive financial performance in...
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Dividend
Published Fri, Jun 14 2024 12:04 AM UTC
Rayonier Advanced Materials Inc. (NYSE: RYAM) has announced that Senior Vice President of High Purity Cellulose, Joshua Hicks, will be participating in a fireside chat with coverage analyst Dmitry Silversteyn from Water Tower Research on June 26, 2024. This event will focus on RYAM s strategy and vision, the High Purity Cellulose market, industry applications, market dynamic...
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Dividend
Published Thu, Jun 13 2024 9:57 PM UTC
Rayonier Advanced Materials Inc. Senior Vice President to Participate in Fireside Chat with Coverage Analyst Rayonier Advanced Materials Inc. (NYSE: RYAM), a leading global provider of High Purity Cellulose, has announced that Senior Vice President of High Purity Cellulose, Joshua Hicks, will be participating in a fireside chat with coverage analyst Dmitry Silversteyn fr...
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Business Update
Published Tue, May 7 2024 4:47 AM UTC
Jacksonville based, high purity cellulose global leader, Rayonier Advanced Materials Inc (NYSE: RYAM), has declared the sale of it...
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Business Update
Published Tue, Apr 30 2024 12:47 AM UTC
In a surprising move, Rayonier Advanced Materials (NYSE: RYAM) has announced the indefinite suspension of operations at its high purity cellulose (HPC) plant in Témiscaming, starting July 2, 2024. Citing current market conditions and the high fixed costs and investments associated with the plant, this decision aims to mitigate financial pressures and ensure profitable asset ...
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Per Share |
Current |
Earnings (TTM) |
-0.73 $ |
Revenues (TTM) |
23.65 $
|
Cash Flow (TTM) |
- |
Cash |
2.05 $
|
Book Value |
11.01 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.73 $
|
Revenues (TTM) |
23.65 $ |
Cash Flow (TTM) |
- |
Cash |
2.05 $
|
Book Value |
11.01 $ |
Dividend (TTM) |
0 $ |
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High Purity Cellulose |
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81.09 % |
of total Revenue |
High Purity Cellulose Cellulose Specialties |
|
55.13 % |
of total Revenue |
High Purity Cellulose Commodity Products |
|
19.5 % |
of total Revenue |
High Purity Cellulose Other sales |
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6.46 % |
of total Revenue |
Paperboard |
|
13.68 % |
of total Revenue |
High-Yield Pulp |
|
6.95 % |
of total Revenue |
Eliminations |
|
-1.58 % |
of total Revenue |
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On February 27 2024 the Rayonier Advanced Materials Inc provided following guidance
lly reduced production levels in certain areas to align with market conditions.
Looking ahead to 2024, we are optimistic about our prospects as we anticipate improved market conditions and stronger demand for our products. We expect to see growth in our cellulose ethers segment as construction activity picks up and demand for our products increases. Additionally, we anticipate higher demand for Paperboard and improved pricing for High-Yield Pulp and commodity pulp products.
We have implemented initiatives to drive efficiency and reduce costs, which we believe will position us well for success in 2024. Our focus on operational excellence and strategic investments will help us navigate any challe...
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