Take off with Ryan Specialty Holdings Inc (RYAN): Get ready for trading

With 1.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.94 million shares. The 52-week range on RYAN shows that it touched its highest point at $75.97 and its lowest point at $46.51 during that stretch. It currently has a 1-year price target of $73.91. With its current market cap of 18.34 billion, RYAN has annualized dividend of $0.44 while the current yield stands at 0.63%. Beta for the stock currently stands at 0.71.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RYAN was up-trending over the past week, with a rise of 2.08%, but this was up by 6.98% over a month. Three-month performance dropped to -4.76% while six-month performance rose 9.25%. The stock gained 49.38% in the past year, while it has gained 9.15% so far this year. A look at the trailing 12-month EPS for RYAN yields 0.35 with Next year EPS estimates of 2.63. For the next quarter, that number is 0.40. This implies an EPS growth rate of 19.59% for this year and 22.99% for next year. EPS is expected to grow by 20.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.46%.

Float and Shares Shorts:

At present, 125.41 million RYAN shares are outstanding with a float of 105.92 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RYAN since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.82322 being high and $1.76408 being low. For RYAN, this leads to a yearly average estimate of $1.79365.