Ryerson Holding's 38% year-over-year revenue growth and attractive PEG ratio of 0.05 signal potential value in this metal distributor, but persistent free cash flow deficits and three earnings misses in four quarters indicate the growth story faces serious execution challenges.
Thesis pillars
- Earnings Miss Pattern↑Improving
- Revenue Growth Leadership→Stable
- Fcf Negative Quality Gap→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 23, 2026
Ryerson Holding Corporation (RYZ) Stock Analysis
Inst Constrain edge
Industrials · Metal Fabrication
Sell if holding. Engine safety override at $31.00: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: Elevated put/call ratio: 1.67; Below-average business quality.
Ryerson Holding is one of the largest value-added processors and distributors of industrial metals in North America, operating 103 facilities across the U.S., Canada, and Mexico plus three in China, serving roughly 40,000 customers with a full line of stainless steel, aluminum,... Read more
Sell if holding. Engine safety override at $31.00: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: Elevated put/call ratio: 1.67; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.0/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news boost earnings 0.80, earnings proximity 118d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-30Recent Developments — Ryerson Holding Corporation
Latest news
- NEWS Ryerson Holding Corporation Reports Third Quarter 2026 Financial Results — fiscal.ai Oct 28, 2026
- NEWS Ryerson Holding Q3 Adj. EPS $0.61 Beats $0.41 Estimate, Sales $2.177B Beat $1.955B Estimate — benzinga Oct 28, 2026 positive
- NEWS Ryerson Holding Sees Q4 GAAP EPS $0.30-$0.38 vs $0.09 Est; Sees Sales $1.960B-$2.040B vs $1.816B Est — benzinga Oct 28, 2026 positive
- NEWS Ryerson Holding Sees Q3 GAAP EPS $0.37-$0.40 vs $0.50 Est; Sees Sales $1.870B-$1.950B vs $1.823B Est — benzinga Jul 29, 2026 negative
- NEWS Update: Ryerson Holding Q2 Adj. EPS $0.52 Beats $0.41 Estimate, Sales $2.006B Beat $1.920B Estimate — benzinga Jul 29, 2026 positive
Generated 2026-10-30T11:22:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHSuppliertop 25 suppliers76%10-K Item 1A: 'our top 25 suppliers represented approximately 76% of our purchases.'
- LOWCustomertop 10 customers15%10-K Item 1: 'no single customer, including their subcontractors, accounted for more than 6% of our sales, and our top 10 customers, including their subcontractors accounted for approximately 15% of our sales.'
- LOWregulatoryChina land use rights10-K Item 1A: 'During 2025, the Chinese government terminated one of our land use rights agreements resulting in impairment of assets and disruptions to our business, the impact of which was not significant to the consolidated financial statements.'
Material Events(8-K, last 90d)
- 2026-05-06Item 5.02LOWDirector Kirk K. Calhoun was not renominated and ceased serving on the Board effective April 30, 2026, following the Annual Meeting. Routine board turnover; no disagreement cited.SEC filing →
- 2026-05-06Item 5.07LOWRyerson held its 2026 Annual Meeting of Stockholders on April 30, 2026, where stockholders approved the Third Amended and Restated 2014 Omnibus Incentive Plan, adding 1,500,000 shares and extending the plan to April 29, 2036.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers·1 ceiling hit
Unprofitable operations — net margin -0.6%. Quality floor flags this regardless of sector context.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $31.00: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: Elevated put/call ratio: 1.67; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $28.96. Score 6.0/10, moderate confidence.
Analyst target $24.65 reached (−20.5% from $31.00); no take-profit level is published. Prior stop was $28.96. Stop-loss: $28.96.
Concentration risk — Supplier: top 25 suppliers (76.0%); Target reached (-20.5% upside); Quality below floor (2.1 < 4.0).
Ryerson Holding Corporation trades at a P/E of N/A (forward 13.1). TrendMatrix value score: 7.6/10. Verdict: Sell.
9 analysts cover RYZ with a consensus score of 2.3/5. Average price target: $29.
What does Ryerson Holding Corporation do?Ryerson Holding is one of the largest value-added processors and distributors of industrial metals in North America,...
Ryerson Holding is one of the largest value-added processors and distributors of industrial metals in North America, operating 103 facilities across the U.S., Canada, and Mexico plus three in China, serving roughly 40,000 customers with a full line of stainless steel, aluminum, carbon steel, and alloy products - nearly 80% of which are processed to customer specifications. The company completed its merger with Olympic Steel in February 2026, becoming North America's second-largest metals service center, with Platinum Equity owning approximately 12.2% of shares outstanding as of December 31, 20