The Technical Analyst
Reliance Steel & Aluminum [RS]
Exchange: NYSE Sector: Basic Materials Industry: Steel
Reliance Steel & Aluminum Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.79% $298.06
America/New_York / 9 mai 2024 @ 11:08
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 17 117 mill |
| EPS: | 21.44 |
| P/E: | 13.90 |
| Earnings Date: | Jul 25, 2024 |
| SharesOutstanding: | 57.43 mill |
| Avg Daily Volume: | 0.286 mill |
| RATING 2024-05-08 |
|---|
| S- |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Buy | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.26x |
| Company: PE 13.90 | sector: PE 54.44 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 3.21x |
| Company: PE 13.90 | industry: PE 4.33 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$537.96 (80.49%) $239.90 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 292.04 - 304.08 ( +/- 2.02%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-05-03 | Hoffman James Donald | Sell | 1 446 | Common Stock |
| 2024-05-03 | Hoffman James Donald | Sell | 2 039 | Common Stock |
| 2024-05-03 | Hoffman James Donald | Sell | 515 | Common Stock |
| 2024-05-03 | Hoffman James Donald | Sell | 1 000 | Common Stock |
| 2024-05-07 | Hoffman James Donald | Sell | 3 216 | Common Stock |
| INSIDER POWER |
|---|
| -10.99 |
| Last 100 transactions |
| Buy: 281 265 | Sell: 359 321 |
Forecast:
12:48 - $296.13
Live Trading Signals (every 1 min)
Forecast
1: 11:18 - $298.01
Forecast 2: 12:08 - $297.50
Forecast 3: 12:48 - $296.13
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $298.06 (1.79% ) |
| Volume | 0.0381 mill |
| Avg. Vol. | 0.286 mill |
| % of Avg. Vol | 13.33 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For RS
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
RS
Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is headquartered in Los Angeles, California.
Latest Press Releases
2024-05-07 06:50:00 - Press Release
Reliance, Inc. Announces Upcoming Conference Participation
Scottsdale, ariz., may 07, 2024 (globe newswire) -- reliance, inc. (nyse: rs) announced today that its management team will participate in the following upcoming investor conferences:
2024-04-25 06:50:00 - Press Release
Reliance, Inc. Reports First Quarter 2024 Financial Results
– net sales of $3.64 billion with tons sold up 10.3% from fourth quarter of 2023 – gross profit margin of 31.0% – eps of $5.23, non-gaap eps of $5.30 – completed acquisition of cooksey iron & metal company on february 1, 2024 – completed acquisition of american alloy steel, inc. on april 1, 2024 – completed acquisition of mid-west materials, inc. on april 1, 2024
2024-04-11 06:50:00 - Press Release
Reliance, Inc. To Announce First Quarter 2024 Results On Thursday, April 25ᵗʰ
Scottsdale, ariz., april 11, 2024 (globe newswire) -- reliance, inc. (nyse:rs) announced today that it will report first quarter 2024 financial results for the period ended march 31, 2024, on thursday, april 25, 2024, at 6:50 a.m. eastern time. reliance management will host a conference call that same day at 11:00 a.m. eastern time. the call will be broadcast live over the internet hosted on the investors section of the company's website at reliance.com.
2024-04-03 06:50:00 - Press Release
Reliance, Inc. Completes Acquisition Of American Alloy Steel, Inc.
Scottsdale, ariz., april 03, 2024 (globe newswire) -- reliance, inc. (nyse: rs) announced that effective april 1, 2024, it has completed its acquisition of all of the outstanding equity interests and related real estate assets of american alloy steel, inc. (“american alloy”). headquartered in houston, texas and founded in 1971, american alloy is a leading distributor of specialty carbon and alloy steel plate and round bar, including pressure vessel quality (pvq) material. the acquisition of american alloy increases reliance's value-added processing and fabrication capabilities and expands the company's specialty carbon steel plate product portfolio.
2024-04-02 06:50:00 - Press Release
Reliance, Inc. Acquires Mid-west Materials, Inc.
Scottsdale, ariz., april 02, 2024 (globe newswire) -- reliance, inc. (nyse: rs) announced that it has acquired all the outstanding equity interests of mid-west materials, inc. (“midwest materials”), a premier flat-rolled steel service center primarily servicing north american oems. headquartered in perry, oh and founded in 1952, midwest materials provides a wide breadth of steel products including hot-rolled, high strength hot-rolled, coated, and cold-rolled products that are sold into the trailer manufacturing, agriculture, metal fabrication, and building products markets. the current management team will remain in place. for the twelve months ended december 31, 2023, annual net sales for midwest materials were approximately $87 million...
Latest News
2024-05-07 06:50:00 - GlobeNewsWire
Reliance, Inc. Announces Upcoming Conference Participation
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that its management team will participate in the following upcoming investor conferences:
2024-04-29 13:01:12 - Zacks Investment Research
Reliance (RS) Upgraded to Buy: What Does It Mean for the Stock?
Reliance (RS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
2024-04-29 10:36:09 - Zacks Investment Research
Reliance (RS) Loses -13.04% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Reliance (RS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
2024-04-26 12:21:09 - Zacks Investment Research
Reliance's (RS) Earnings & Revenues Miss Estimates in Q1
Reliance's (RS) first-quarter earnings and sales lag their respective estimates on lower shipments and prices.
2024-04-25 16:45:24 - Seeking Alpha
Reliance, Inc. (RS) Q1 2024 Earnings Call Transcript
Reliance, Inc. (NYSE:RS ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Kim Orlando – ADDO Investor Relations Karla Lewis – President and Chief Executive Officer Steve Koch – Executive Vice President and Chief Operating Officer Arthur Ajemyan – Senior Vice President and Chief Financial Officer Conference Call Participants Phil Gibbs – KeyBanc Capital Markets Martin Englert – Seaport Search Partners Timna Tanners – Wolfe Research Operator Greetings, and welcome to Reliance, Inc. First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
2024-04-25 09:01:10 - Zacks Investment Research
Reliance (RS) Q1 Earnings and Revenues Lag Estimates
Reliance (RS) came out with quarterly earnings of $5.30 per share, missing the Zacks Consensus Estimate of $5.51 per share. This compares to earnings of $6.37 per share a year ago.
2024-04-11 06:50:00 - GlobeNewsWire
Reliance, Inc. to Announce First Quarter 2024 Results on Thursday, April 25ᵗʰ
SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Thursday, April 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com.
2024-04-09 08:31:04 - Zacks Investment Research
Reliance (RS) Shares Scale 52-Week High: More Room to Run?
Reliance (RS) benefits from strong demand in key markets including non-residential construction and its growth actions.
2024-04-03 12:26:05 - Zacks Investment Research
Reliance (RS) Acquires Steel Service Center MidWest Materials
Reliance (RS) successfully acquires MidWest Materials, enhancing its Ohio market presence and strategic growth plans.
2024-03-20 09:11:11 - Zacks Investment Research
Reliance (RS) Up 24% in 6 Months: Will the Momentum Continue?
Reliance (RS) is expected to continue to gain from strong demand in key markets and its growth actions in the near term.