RYI trades 33.8% below Wall Street's consensus target of $31.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes RYI achieves its forward estimates and maintains a stable P/E multiple of 18.4x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 29, 2026, Ryerson Holding Corporation (RYI) has a Wall Street consensus price target of $31.00, based on estimates from 9 covering analysts. With the stock currently trading at $23.17, this represents a potential upside of +33.8%. The company has a market capitalization of $746M.
Analyst price targets range from a low of $31.00 to a high of $31.00, representing a 0% spread in expectations. The median target of $31.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 0 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, RYI trades at a trailing P/E of -89.1x and forward P/E of 18.4x. Analysts expect EPS to grow +277.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $31.50, with bear and bull scenarios of $19.84 and $41.50 respectively. Model confidence stands at 38/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
RSReliance Steel & Aluminum Co. | $19.1B | $374.43 | $383.50 | +2.4% | Hold | 18.7x | 27 |
SSDSimpson Manufacturing Co., Inc. | $8.7B | $209.23 | $214.75 | +2.6% | Buy | 23.1x | 8 |
STLDSteel Dynamics, Inc. | $33.9B | $234.22 | $273.25 | +16.7% | Buy | 14.3x | 27 |
CMCCommercial Metals Company | $7.2B | $64.63 | $83.50 | +29.2% | Buy | 10.1x | 26 |
ZEUSOlympic Steel, Inc. | $533M | $47.86 | $41.00 | -14.3% | Buy | 20.7x | 6 |
MSMMSC Industrial Direct Co., Inc. | $6.5B | $116.67 | $111.00 | -4.9% | Hold | 26.8x | 28 |
NUENucor Corporation | $52.1B | $228.58 | $253.63 | +11.0% | Buy | 14.5x | 32 |
CLFCleveland-Cliffs Inc. | $5.4B | $9.38 | $12.25 | +30.6% | Hold | — | 43 |
WORWorthington Industries, Inc. | $2.7B | $53.77 | $66.00 | +22.7% | Buy | 14.3x | 15 |
KALUKaiser Aluminum Corporation | $3.0B | $187.16 | $165.33 | -11.7% | Hold | 18.2x | 22 |
Quick answers to the most common questions about buying RYI stock.
The consensus Wall Street price target for RYI is $31, representing 33.8% upside from the current price of $23.17. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
RYI has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is leaning bearish, with 2 Sell/Strong Sell ratings. The consensus 12-month price target of $31 implies 33.8% upside from current levels.
With a forward P/E of 18.3889x, RYI trades at a relatively low valuation. The consensus target of $31 implies 33.8% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $31 for RYI, while the most conservative target is $31. The consensus of $31 represents the median expectation. Our quantitative valuation model projects a bull case target of $42 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
RYI is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 0 have Buy ratings, 7 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month RYI stock forecast based on 9 Wall Street analysts shows a consensus price target of $31, with estimates ranging from $31 (bear case) to $31 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $32, with bear/bull scenarios of $20/$42.
Our quantitative valuation model calculates RYI's fair value at $32 (base case), with a bear case of $20 and bull case of $42. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 38/100.
RYI trades at a forward P/E ratio of 18.4x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on RYI, with a "Hold" consensus rating and $31 price target (33.8% upside). 0 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
RYI analyst price targets range from $31 to $31, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31 consensus represents the middle ground. Our model's $20-$42 range provides an independent fundamental perspective.
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