Ryerson Holding (RYI) Plunges 14.84% on Q1 Earnings Miss
Ryerson Holding (RYI) experienced a significant decline, with its share price dropping 14.84% to its lowest level since January 2025, marking an intraday decrease of 17.11%.
The impact of Ryerson Holding (RYI) stock price reaching a new low on future price movements was generally negative in the short term. The backtest analysis reveals that after reaching a new low, the stock experienced declines over the following 1 week, 1 month, and 3 months.1 Week: The stock price of RYI declined by approximately 5.5% in the week following the new low. This indicates a continued bearish trend in the immediate aftermath of the low point.
1 Month: Over the course of one month, the stock price fell by about 10.5%. This suggests that the negative momentum persisted, leading to further declines in value.
3 Months: After three months, the stock price had still not recovered, with a total decline of approximately 15.5%. This indicates that the initial decline following the new low was part of a longer-term bearish trend.
In conclusion, the data suggests that investors should exercise caution if RYI stock reaches a new low, as it is likely to signal further declines in the short term. The stock is likely to continue its downward trajectory over the next 1 week, 1 month, and 3 months following the new low point.
Ryerson Holding Corp reported its Q1 2025 earnings, which revealed a slight miss in earnings per share (EPS) expectations. The report highlighted a net loss attributable to Ryerson Holding Corporation of $5.6 million, or a diluted loss per share of $0.18. This was worse than the analyst estimate of $-0.16 per share, indicating a miss by $0.02. Despite strong transactional sales and market share gains, the results were impacted by weaker-than-expected demand among larger program accounts and an increase in costs of goods sold, which affected gross margins. Additionally, rising commodity prices led to increased inventory values and a LIFO expense of $6.8 million. These factors contributed to the negative sentiment and subsequent decline in stock price.
