Reliance Steel Aluminum Stock Analysis

Reliance Stock Analysis Notes

About 83.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Reliance Steel Aluminum has Price/Earnings To Growth (PEG) ratio of 1.2. The entity recorded earning per share (EPS) of 18.27. The firm last dividend was issued on the 22nd of November 2024. Reliance Steel had 2:1 split on the 20th of July 2006. 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 was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 13700 people. To find out more about Reliance Steel Aluminum contact Karla CPA at 480 564 5700 or learn more at https://www.rsac.com.

Reliance Steel Aluminum Investment Alerts

Reliance Steel Aluminum Upcoming and Recent Events

Reliance Largest EPS Surprises

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Reliance Steel Environmental, Social, and Governance (ESG) Scores

Reliance Steel Thematic Classifications

Reliance Stock Institutional Investors

Note, although Reliance Steel's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Reliance Market Capitalization

The company currently falls under 'Large-Cap' category with a market capitalization of 14.56 B.

Reliance Profitablity

The company has Net Profit Margin (PM) of 0.07 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.08 %, which signifies that for every $100 of sales, it has a net operating income of $0.08.

Management Efficiency

Reliance Steel Aluminum has Return on Asset (ROA) of 0.0811 % which means that for every $100 of assets, it generated a profit of $0.0811. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1385 %, which means that it produced $0.1385 on every 100 dollars invested by current stockholders. Reliance Steel's management efficiency ratios could be used to measure how well Reliance Steel manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Reliance Steel's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.11 in 2024. At this time, Reliance Steel's Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.73 in 2024, whereas Other Assets are likely to drop 0.95 in 2024.

Technical Drivers

As of the 22nd of December, Reliance Steel holds the Variance of 4.74, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,321). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reliance Steel, as well as the relationship between them. Please check Reliance Steel Aluminum information ratio and kurtosis to decide if Reliance Steel Aluminum is priced some-what accurately, providing market reflects its current price of 269.02 per share. Given that Reliance Steel has information ratio of (0.04), we recommend you to check out Reliance Steel Aluminum's recent market performance to make sure the company can sustain itself at a future point.

Reliance Steel Aluminum Price Movement Analysis

Reliance Steel Aluminum Insider Trading Activities

Reliance Steel Outstanding Bonds

Reliance Steel Predictive Daily Indicators

Reliance Steel Corporate Filings

Reliance Steel Forecast Models

Reliance Steel's time-series forecasting models are one of many Reliance Steel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Reliance Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Reliance Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Reliance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Reliance Steel. By using and applying Reliance Stock analysis, traders can create a robust methodology for identifying Reliance entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Reliance analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Reliance analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Reliance Steel Aluminum stock analysis indicators help investors evaluate how Reliance Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Reliance Steel shares will generate the highest return on investment. By understating and applying Reliance Steel stock analysis, traders can identify Reliance Steel position entry and exit signals to maximize returns.

When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.