Rayonier Advanced Materials Inc. (RYAM) EPS Estimated At $0.43; Inovalon Holdings – Class A (INOV) Shorts Down By 0.8%

April 21, 2018 - By Richard Conner

Rayonier Advanced Materials Inc. (NYSE:RYAM) Logo

Inovalon Holdings Inc – Class A (NASDAQ:INOV) had a decrease of 0.8% in short interest. INOV’s SI was 7.68M shares in April as released by FINRA. Its down 0.8% from 7.74 million shares previously. With 736,300 avg volume, 10 days are for Inovalon Holdings Inc – Class A (NASDAQ:INOV)’s short sellers to cover INOV’s short positions. The SI to Inovalon Holdings Inc – Class A’s float is 12.53%. The stock increased 0.47% or $0.05 during the last trading session, reaching $10.7. About 403,922 shares traded. Inovalon Holdings, Inc. (NASDAQ:INOV) has declined 14.88% since April 21, 2017 and is downtrending. It has underperformed by 26.43% the S&P500.

Analysts expect Rayonier Advanced Materials Inc. (NYSE:RYAM) to report $0.43 EPS on May, 7.They anticipate $0.28 EPS change or 186.67% from last quarter’s $0.15 EPS. RYAM’s profit would be $22.29M giving it 12.83 P/E if the $0.43 EPS is correct. After having $0.50 EPS previously, Rayonier Advanced Materials Inc.’s analysts see -14.00% EPS growth. The stock increased 0.64% or $0.14 during the last trading session, reaching $22.07. About 1.31M shares traded or 38.89% up from the average. Rayonier Advanced Materials Inc. (NYSE:RYAM) has risen 69.18% since April 21, 2017 and is uptrending. It has outperformed by 57.63% the S&P500.

Among 6 analysts covering Rayonier Advanced Materials Inc (NYSE:RYAM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Rayonier Advanced Materials Inc had 24 analyst reports since August 21, 2015 according to SRatingsIntel. Sidoti initiated it with “Buy” rating and $19.0 target in Thursday, August 17 report. The company was maintained on Thursday, November 2 by RBC Capital Markets. RBC Capital Markets maintained Rayonier Advanced Materials Inc. (NYSE:RYAM) on Thursday, January 11 with “Buy” rating. The firm has “Buy” rating given on Friday, May 26 by Vertical Research. RBC Capital Markets maintained the shares of RYAM in report on Sunday, August 20 with “Buy” rating. As per Monday, February 27, the company rating was upgraded by RBC Capital Markets. As per Wednesday, February 21, the company rating was maintained by Bank of America. As per Monday, May 29, the company rating was upgraded by Bank of America. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, May 30 report. RBC Capital Markets downgraded Rayonier Advanced Materials Inc. (NYSE:RYAM) on Monday, April 25 to “Underperform” rating.

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Canada, Europe, Latin America, other Asian countries, and internationally. The company has market cap of $1.14 billion. The Company’s products include cellulose specialties, such as cellulose acetate and cellulose ethers, which are natural polymers that are used as raw materials to manufacture a 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. It has a 3.8 P/E ratio. The firm also offers commodity products, including commodity viscose used in the manufacture of textiles for clothing and other fabrics, and in non-woven applications, such as baby wipes, cosmetic and personal wipes, industrial wipes, and mattress ticking; and absorbent materials comprising fluff fibers that 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.

Among 11 analysts covering Inovalon Holdings Inc (NASDAQ:INOV), 1 have Buy rating, 3 Sell and 7 Hold. Therefore 9% are positive. Inovalon Holdings Inc had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Sell” rating by Piper Jaffray on Wednesday, February 21. The firm has “Equal-Weight” rating given on Tuesday, September 12 by Morgan Stanley. On Friday, August 7 the stock rating was upgraded by Wells Fargo to “Outperform”. As per Wednesday, March 30, the company rating was downgraded by Morgan Stanley. The firm has “Sector Weight” rating given on Tuesday, December 20 by KeyBanc Capital Markets. The firm has “Market Perform” rating given on Thursday, August 4 by William Blair. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, September 12. The rating was initiated by Pacific Crest with “Overweight” on Tuesday, March 29. As per Wednesday, March 14, the company rating was downgraded by Morgan Stanley. Robert W. Baird downgraded it to “Neutral” rating and $21 target in Thursday, April 21 report.

Inovalon Holdings, Inc. (NASDAQ:INOV) Ratings Chart

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