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Rayonier Advanced Materials Shares Jump 21% On CEO Appointment
RTTNews· 2026-01-05 18:07
Core Viewpoint - Rayonier Advanced Materials Inc. (RYAM) shares experienced a significant increase of 21.93 percent following the announcement of Scott Sutton as the new Chief Executive Officer and President, effective January 5 [1]. Group 1: Stock Performance - The stock opened at $6.12, up from a previous close of $5.86, and traded within a range of $6.08 to $7.14 during the session [2]. - Rayonier Advanced Materials shares were last trading at $7.05, with a trading volume of approximately 1.34 million shares, which is more than double its average daily volume of around 583,370 shares [3]. Group 2: Leadership Change - Scott Sutton will succeed DeLyle Bloomquist, who is retiring but will remain as an advisor to ensure leadership continuity and support ongoing strategic initiatives [1]. - Sutton brings over 30 years of industry experience to the role, having previously served as Chief Executive Officer and President of Olin Corp [3]. Group 3: Historical Stock Data - Rayonier Advanced Materials shares have fluctuated within a 52-week range of $3.35 to $8.56 [3].
Altimmune, GH Research, Gyre Therapeutics And Other Big Stocks Moving Higher On Monday - Aduro Clean Technologies (NASDAQ:ADUR), Allegro Microsystems (NASDAQ:ALGM)
Benzinga· 2026-01-05 15:09
Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 500 points on Monday [1] Company Highlights - Altimmune Inc (NASDAQ:ALT) saw a significant increase of 23.6%, reaching $4.34, following the FDA's grant of Breakthrough Therapy Designation for Pemvidutide in MASH [1] - GH Research PLC (NASDAQ:GHRS) surged by 33.8% to $17.72 after the FDA lifted the clinical hold on its Investigational New Drug Application for GH001 [2] - Vicor Corp (NASDAQ:VICR) rose by 20.7% to $141.08 [2] - Critical Metals Corp (NASDAQ:CRML) increased by 19.6% to $9.71 [2] - Kosmos Energy Ltd (NYSE:KOS) gained 19.3% to $1.06 after issuing an operational and financial update [2] - TRON Inc (NASDAQ:TRON) increased by 16.9% to $1.59 [2] - Nuscale Power Corp (NYSE:SMR) rose by 15.7% to $18.88 [2] - Regencell Bioscience Holdings Ltd (NASDAQ:RGC) increased by 15.4% to $23.71 [2] - Rayonier Advanced Materials Inc (NYSE:RYAM) gained 14.1% to $6.68, with the appointment of Scott M. Sutton as President and CEO [2] - Aduro Clean Technologies Inc (NASDAQ:ADUR) rose by 14% to $12.05 [2] - Gyre Therapeutics Inc (NASDAQ:GYRE) increased by 12.7% to $7.67, announcing alignment with China's CDE on conditional approval pathway for hydronidone [2] - Endeavour Silver Corp (NYSE:EXK) gained 12.5% to $10.16 [2] - Allegro MicroSystems Inc (NASDAQ:ALGM) surged by 11.9% to $30.12 [2] - United States Antimony Corp (NYSE:UAMY) rose by 11.7% to $6.69 [2] - Oklo Inc (NYSE:OKLO) gained 11.5% to $86.82 [2] - Figure Technology Solutions Inc (NASDAQ:FIGR) increased by 11.3% to $48.66 [2] - Valero Energy Corp (NYSE:VLO) rose by 9.6% to $181.21 [2] - AeroVironment, Inc. (NASDAQ:AVAV) increased by 8.6% to $278.31 [2] - Coeur Mining Inc (NYSE:CDE) gained 8.5% to $19.05 [2] - Halliburton Co (NYSE:HAL) rose by 7.8% to $31.92, with U.S. energy stocks trading higher amid news of potential investments in Venezuela's oil industry [2] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) gained 7.7% to $85.39 [2] - Slb NV (NYSE:SLB) increased by 7.4% to $43.19 [2] - Amkor Technology Inc (NASDAQ:AMKR) rose by 7.3% to $46.05, with Needham analyst Charles Shi maintaining a Buy rating and raising the price target from $37 to $50 [2]
Rayonier Advanced Materials Announces the Appointment of Scott M. Sutton as Chief Executive Officer
Businesswire· 2026-01-05 12:30
Core Viewpoint - Rayonier Advanced Materials Inc. has appointed Scott M. Sutton as the new CEO and President, effective January 5, 2026, succeeding DeLyle W. Bloomquist, who will assist during the transition [1][3]. Leadership Transition - Scott M. Sutton, with over 30 years of experience in the chemicals and materials sectors, previously served as President and CEO of Olin Corporation, where he improved the company's financial position and competitive standing [2][3]. - Lisa M. Palumbo, Non-Executive Chair of the Board, emphasized Sutton's strategic mindset and commitment to safety and sustainability, indicating he is well-suited to advance RYAM's biomaterials strategy [3]. Performance Share Unit Award - Upon starting his role, Sutton will receive a performance share unit (PSU) award as an inducement, consisting of 750,000 PSUs with a three-year performance period and a one-year post-vesting holding requirement [4]. - The vesting of PSUs will depend on RYAM's stock performance, with thresholds set at $15, a target at $30, and a maximum at $45, with vesting determined on a straight-line basis [4]. Company Overview - Rayonier Advanced Materials Inc. is a global leader in cellulose-based technologies, producing cellulose specialties used in various applications, including filters, food, and pharmaceuticals [5]. - The company generated $1.6 billion in revenue in 2024 and operates manufacturing facilities in the U.S., Canada, and France [5].
Rayonier Advanced Materials CEO to retire by May 2026 (NYSE:RYAM)
Seeking Alpha· 2025-12-10 21:17
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RYAM Announces Executive Transition
Businesswire· 2025-12-10 21:14
Core Points - Rayonier Advanced Materials Inc. announced the retirement of President and CEO De Lyle W. Bloomquist by May 2026, with a commitment to ensure a smooth transition [1][2] - The Board of Directors has initiated a search for Bloomquist's successor, engaging Spencer Stuart to assist in identifying candidates [2][3] - The Board expressed gratitude for Bloomquist's leadership and contributions, emphasizing confidence in the company's strategy and commitment to appoint a new CEO focused on innovation and shareholder value [3] Company Overview - Rayonier Advanced Materials Inc. is a global leader in cellulose-based technologies, producing cellulose specialties used in various industries including filters, food, and pharmaceuticals [4] - The company also manufactures products for the paper and packaging markets, generating $1.6 billion in revenue in 2024 [4]
Rayonier Advanced Materials (NYSE:RYAM) FY Conference Transcript
2025-11-19 22:22
Rayonier Advanced Materials (NYSE:RYAM) FY Conference Summary Company Overview - Rayonier Advanced Materials has been in operation for nearly a century, specializing in natural cellulose fibers used globally in various products [2][3] - The company operates four facilities located in Florida, Georgia, France, and Canada [2] Business Segments - The company operates in five segments: 1. **Cellulose Specialties**: Core business segment 2. **Cellulose Commodities**: Includes fluff used in baby diapers and personal hygiene products 3. **Biomaterials**: Future growth area focusing on energy, ethanol, and lignin [3][6] 4. **Non-core Paperboard**: Includes packaging products like lottery tickets and gum wrappers 5. **High Yield Pulp**: Facing challenges this year, particularly in printing and writing [6][7] Financial Performance and Guidance - Initial guidance for the year was $215-$235 million, but current guidance has been revised to $135-$140 million due to various challenges [9] - The company aims for a baseline EBITDA of $195 million, with a target to double EBITDA to $315 million by the end of 2027 [11][12] - Price increases in cellulose specialties are expected to grow at 4%-6% annually, with potential for higher increases in 2026 [12][13] Market Dynamics - The cellulose specialties market is dominated by three players holding about 80% market share, operating at 90% utilization [12][14] - No new capacity is expected in the market until at least 2029, supporting pricing power [14] Tariffs and Currency Impact - The company has seen a shift in tariffs, with zero tariffs on sales to China and Europe, and a 10% tariff on fluff sales to China [10][11] - The strengthening U.S. dollar is expected to provide a competitive advantage [11] Biomaterials Growth Opportunities - The company is focusing on leveraging existing assets to develop new products, including: - A bioethanol plant in France expected to generate $8-$10 million annually [17] - A biomass facility in Georgia projected to generate $100 million of EBITDA [18] - Additional projects in prebiotics and crude tall oil with minimal capital investment [20][19] Balance Sheet and Debt Management - The company maintains adequate liquidity with $140 million globally, despite a challenging year [23] - A target of reducing net leverage to 2-2.5 times is set, with plans to refinance high-cost debt [24][26] - The company aims to generate over $140 million of free cash flow annually, prioritizing debt reduction and reinvestment [27] Future Outlook - The company believes that short-term challenges are behind them, with a positive outlook for core cellulose specialties and biomaterials growth [28] - Current trading multiples suggest a compelling investment opportunity, with potential for significant stock price appreciation [28][29] Conclusion - Rayonier Advanced Materials is positioned for growth with a focus on cellulose specialties and biomaterials, while managing financial challenges and leveraging market dynamics to enhance profitability and shareholder value [28][30]
RYAM CEO De Lyle Bloomquist to Present at the Southwest IDEAS Investor Conference
Businesswire· 2025-11-13 21:30
Core Insights - Rayonier Advanced Materials Inc. (RYAM) is a global leader in High Purity Cellulose and will have its CEO, De Lyle Bloomquist, present at the Southwest IDEAS Investor Conference on November 19, 2025 [1][2] - The company generated $1.6 billion in revenue in 2024, showcasing its strong market position and diverse product offerings [3] Company Overview - RYAM specializes in cellulose-based technologies, producing high purity cellulose used in filters, food, pharmaceuticals, and industrial applications [3] - The company also manufactures products for the paper and packaging markets and has operations in the U.S., Canada, and France [3] Upcoming Events - RYAM plans to release its third quarter 2025 earnings on November 4, 2025, and will host a conference call on November 5, 2025, to discuss the results [8]
Top 3 Materials Stocks That Are Preparing To Pump In Q4
Benzinga· 2025-11-07 11:01
Core Insights - The materials sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Company Summaries - **SunCoke Energy Inc (NYSE:SXC)**: Reported better-than-expected quarterly earnings with a Consolidated Adjusted EBITDA of $59.1 million, including results from Phoenix Global. The stock has fallen approximately 21% over the past month, with a 52-week low of $6.62. The RSI value is 29.7, and shares closed at $6.64, down 4.5% [8] - **Rayonier Advanced Materials Inc (NYSE:RYAM)**: Posted weaker-than-expected quarterly results, with a stock decline of around 22% over the past month and a 52-week low of $3.35. The RSI value is 29.5, and shares rose 1% to close at $6.01 [8] - **Chemours Co (NYSE:CC)**: Reported disappointing earnings for the third quarter, with a stock decline of approximately 26% over the past month and a 52-week low of $9.13. The RSI value is 28.8, and shares fell 2.6% to close at $11.74 [8]
Top 3 Materials Stocks That Are Preparing To Pump In Q4 - Chemours (NYSE:CC), Rayonier Adv Materials (NYSE:RYAM)
Benzinga· 2025-11-07 11:01
Core Insights - The materials sector is currently experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Company Summaries - **SunCoke Energy Inc (NYSE:SXC)**: Reported better-than-expected quarterly earnings with a Consolidated Adjusted EBITDA of $59.1 million, including results from Phoenix Global. The stock has fallen approximately 21% over the past month, with a 52-week low of $6.62. The RSI value is 29.7, and shares closed at $6.64, down 4.5% [8] - **Rayonier Advanced Materials Inc (NYSE:RYAM)**: Posted weaker-than-expected quarterly results, with a stock decline of around 22% over the past month and a 52-week low of $3.35. The RSI value is 29.5, and shares rose 1% to close at $6.01 [8] - **Chemours Co (NYSE:CC)**: Reported disappointing earnings for the third quarter, with a stock decline of about 26% over the past month and a 52-week low of $9.13. The RSI value is 28.8, and shares fell 2.6% to close at $11.74 [8]
Rayonier Advanced Materials targets over $300M EBITDA by 2027 amid cost discipline and capacity resets (NYSE:RYAM)
Seeking Alpha· 2025-11-05 22:02
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