Ryan Specialty Holdings Inc (NYSE: RYAN) kicked off on Friday, down -0.81% from the previous trading day, before settling in for the closing price of $70.57. Over the past 52 weeks, RYAN has traded in a range of $41.31-$73.10.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 28.99%. While this was happening, its average annual earnings per share was recorded 30.89%. With a float of $98.23 million, this company’s outstanding shares have now reached $118.59 million.
Considering the fact that the conglomerate employs 4350 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 51.18%, operating margin of 23.36%, and the pretax margin is 12.23%.
Ryan Specialty Holdings Inc (RYAN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of Ryan Specialty Holdings Inc is 18.38%, while institutional ownership is 82.54%. The most recent insider transaction that took place on Aug 29 ’24, was worth 1,196,964. In this transaction Director of this company sold 18,542 shares at a rate of $64.55, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Director sold 5,375 for $64.73, making the entire transaction worth $347,916. This insider now owns 2,685 shares in total.
Ryan Specialty Holdings Inc (RYAN) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.32 earnings per share (EPS), higher than consensus estimate (set at 0.31) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.98% during the next five years compared to -3.68% drop over the previous five years of trading.
Ryan Specialty Holdings Inc (NYSE: RYAN) Trading Performance Indicators
Take a look at Ryan Specialty Holdings Inc’s (RYAN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.63. Likewise, its price to free cash flow for the trailing twelve months is 19.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.63, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Ryan Specialty Holdings Inc (RYAN)
Compared to the last year’s volume of 0.88 million, its volume of 0.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 33.54%. Additionally, its Average True Range was 1.62.
During the past 100 days, Ryan Specialty Holdings Inc’s (RYAN) raw stochastic average was set at 85.07%, which indicates a significant increase from 52.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.23% in the past 14 days, which was lower than the 30.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.28, while its 200-day Moving Average is $55.90. Nevertheless, the first resistance level for the watch stands at $70.65 in the near term. At $71.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.77. If the price goes on to break the first support level at $69.53, it is likely to go to the next support level at $69.06. Should the price break the second support level, the third support level stands at $68.41.
Ryan Specialty Holdings Inc (NYSE: RYAN) Key Stats
The company with the Market Capitalisation of 8.42 billion has total of 260,447K Shares Outstanding. Its annual sales at the moment are 2,078 M in contrast with the sum of 61,040 K annual income. Company’s last quarter sales were recorded 695,440 K and last quarter income was 46,790 K.
