Analyst Ratings for Rayonier Inc. (RYN)Updated: 2017-07-29
Shares of Rayonier Inc. (NYSE:RYN) have received a consensus rating of Hold from Wall Street analysts. RYN had previously received a consensus rating of Hold a month ago.
1 analysts declared RYN a buy, 1 gave an overweight rating, 5 issued a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for RYN. The maximum price target given was 31, which equates to a potential upside of 6.9 percent. The most pessimistic price target was 24, implying a possible loss of -17.24 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.55 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 5 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -8.68 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
RYN has an estimated earnings growth rate of -81.33 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. RYN has a PEG ratio of -0.19.
In the last 52-weeks, RYN has achieved a high of 29.86 and a low of 25.24. Currently the stock is 14.9 percent higher than its low, and 2.88 percent below the high. RYN has a price/earnings ratio of 15.51. Investors typically compare the P/E ratio to a company's peers in the industry. The RYN value stock report compares RYN to some of its peers using value stock charts. The stock has a market capitalization of $3.77 billion. RYN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.