Reliance Steel & Aluminum (RS) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Reliance Steel & Aluminum (RS) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 20, 2024 (02:44)

Sector: Basic materials

The share price of Reliance Steel & Aluminum Co. (RS) now

Latest session on the 17th of May for
Reliance Steel & Aluminum Co. is positive
Trading Volume: 356393
Open: 298.32 /  High: 299.71 /  Low: 296.587
What analysts predict: $354.2
52-week High/Low: $342.2 / $226.69

50/200 Day Moving Average: $315.32 / $286.92

This figure corresponds to the Average Price over the previous 50/200 days. For Reliance Steel & Aluminum stocks, the 50-day moving average is the resistance level today.

For Reliance Steel & Aluminum stocks, the 200-day moving average is the support level today.

Are you interested in Reliance Steel & Aluminum Co. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Reliance Steel & Aluminum stock price in 2024, 2025, 2026, 2027, 2028. How much will one Reliance Steel & Aluminum share be worth in 2024 - 2028?

When should I take profit in Reliance Steel & Aluminum stock? When should I record a loss on Reliance Steel & Aluminum stock? What are analysts' forecasts for Reliance Steel & Aluminum stock? What is the future of Reliance Steel & Aluminum stock? We forecast Reliance Steel & Aluminum stock performance using neural networks based on historical data on Reliance Steel & Aluminum stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Reliance Steel & Aluminum stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Reliance Steel & Aluminum shares. This happens once a day.


Historical and forecast chart of Reliance Steel & Aluminum stock

The chart below shows the historical price of Reliance Steel & Aluminum stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Reliance Steel & Aluminum stock price can be found in the table below.

Long-term forecasts by years.

Reliance Steel & Aluminum Co. engaged in the distribution and processing of steel and aluminum. The company’s products include carbon steel, alloy steel, stainless steel, specialty steel, aluminium, brass and copper. Reliance’s processing and distribution centers are located throughout the United States.

Reliance Steel & Aluminum daily forecast for a month

Date Target Pes. Opt. Vol., %
May 21 295.39 291.14 297.46 2.17
May 22 296.57 295.33 300.72 1.83
May 23 292.30 288.91 294.05 1.78
May 24 290.90 288.40 294.97 2.28
May 25 288.74 285.28 291.92 2.33
May 26 286.67 283.63 287.81 1.48
May 27 286.67 285.06 291.25 2.17
May 28 284.09 279.88 288.52 3.09
May 29 279.31 277.92 281.27 1.21
May 30 274.84 271.11 278.86 2.86
May 31 276.99 273.28 281.31 2.94
Jun 01 274.77 271.04 277.14 2.25
Jun 02 272.02 270.50 275.40 1.81
Jun 03 277.25 274.31 278.41 1.50
Jun 04 275.69 273.05 279.44 2.34
Jun 05 275.69 271.83 277.40 2.05
Jun 06 280.82 277.62 283.57 2.14
Jun 07 280.82 278.69 282.17 1.25
Jun 08 282.56 280.59 286.63 2.16
Jun 09 282.28 279.06 284.60 1.98
Jun 10 284.48 281.24 286.36 1.82
Jun 11 284.48 283.12 286.30 1.13
Jun 12 282.72 279.67 287.24 2.71
Jun 13 284.19 280.84 287.43 2.35
Jun 14 285.04 281.11 289.20 2.88
Jun 15 290.74 286.15 293.30 2.50
Jun 16 288.53 284.55 291.25 2.35
Jun 17 288.94 287.20 290.44 1.13
Jun 18 291.42 288.62 293.11 1.55
Jun 19 293.87 289.40 295.93 2.25

Reliance Steel & Aluminum Daily Price Targets


Reliance Steel & Aluminum Stock Forecast 05-21-2024.

Forecast target price for 05-21-2024: $295.39.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.125%.
Pessimistic target level: 291.14
Optimistic target level: 297.46

Reliance Steel & Aluminum Stock Forecast 05-22-2024.

Forecast target price for 05-22-2024: $296.57.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.795%.
Pessimistic target level: 295.33
Optimistic target level: 300.72

Reliance Steel & Aluminum Stock Forecast 05-23-2024.

Forecast target price for 05-23-2024: $292.30.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.750%.
Pessimistic target level: 288.91
Optimistic target level: 294.05

Reliance Steel & Aluminum Stock Forecast 05-24-2024.

Forecast target price for 05-24-2024: $290.90.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.229%.
Pessimistic target level: 288.40
Optimistic target level: 294.97

Reliance Steel & Aluminum Stock Forecast 05-25-2024.

Forecast target price for 05-25-2024: $288.74.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.275%.
Pessimistic target level: 285.28
Optimistic target level: 291.92

Reliance Steel & Aluminum Stock Forecast 05-26-2024.

Forecast target price for 05-26-2024: $286.67.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.454%.
Pessimistic target level: 283.63
Optimistic target level: 287.81

RS (RS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 310.45 297.32 316.32 6.01
Jul. 333.37 324.67 349.57 7.12
Aug. 323.47 304.83 340.35 10.44
Sep. 309.49 289.44 331.77 12.76
Oct. 289.99 274.59 297.56 7.72
Nov. 297.82 291.39 303.72 4.06
Dec. 314.98 293.72 326.03 9.91

Reliance Steel & Aluminum forecast for this year


Reliance Steel & Aluminum Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $310.454. Pessimistic: $297.32. Optimistic: $316.32


Reliance Steel & Aluminum Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $333.365. Pessimistic: $324.67. Optimistic: $349.57


Reliance Steel & Aluminum Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $323.465. Pessimistic: $304.83. Optimistic: $340.35


Reliance Steel & Aluminum Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $309.491. Pessimistic: $289.44. Optimistic: $331.77


Reliance Steel & Aluminum Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $289.993. Pessimistic: $274.59. Optimistic: $297.56


Reliance Steel & Aluminum Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $297.823. Pessimistic: $291.39. Optimistic: $303.72


Reliance Steel & Aluminum Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $314.977. Pessimistic: $293.72. Optimistic: $326.03



Reliance Steel & Aluminum (RS) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 307.04 291.57 327.77 11.04
Feb 315.88 293.71 325.55 9.78
Mar 287.74 273.50 299.91 8.81
Apr 261.84 252.89 279.75 9.60
May 247.70 238.56 264.65 9.86
Jun 268.66 256.57 280.02 8.38
Jul 284.62 273.60 298.70 8.40
Aug 307.67 298.26 324.84 8.18
Sep 332.04 325.76 344.89 5.55
Oct 342.50 332.63 367.16 9.40
Nov 350.20 334.76 361.23 7.33
Dec 357.14 332.07 374.81 11.41

Reliance Steel & Aluminum (RS) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 337.53 318.09 352.41 9.74
Feb 337.83 324.15 345.13 6.08
Mar 346.96 326.35 357.88 8.81
Apr 351.64 342.14 366.83 6.73
May 375.37 352.40 402.06 12.35
Jun 378.42 370.24 396.12 6.53
Jul 404.98 389.67 414.09 5.90
Aug 423.57 415.56 440.34 5.63
Sep 397.65 375.82 412.32 8.85
Oct 397.29 380.13 405.15 6.18
Nov 369.76 349.12 379.07 7.90
Dec 379.74 364.36 392.04 7.06

Reliance Steel & Aluminum (RS) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 387.26 375.76 398.76 5.77
Feb 381.68 365.19 398.86 8.44
Mar 373.44 364.70 388.90 6.22
Apr 371.76 357.37 380.79 6.15
May 372.76 347.26 396.58 12.44
Jun 375.11 367.34 394.01 6.77
Jul 407.86 379.22 417.40 9.15
Aug 419.97 411.28 446.81 7.95
Sep 433.58 402.75 462.06 12.84
Oct 419.53 404.43 442.94 8.69
Nov 425.57 413.70 454.30 8.94
Dec 414.85 402.52 423.06 4.85

Reliance Steel & Aluminum (RS) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 420.82 404.53 432.56 6.48
Feb 404.53 380.87 414.73 8.16
Mar 412.91 402.87 437.06 7.82
Apr 411.42 402.90 426.23 5.47
May 422.53 396.29 452.57 12.44
Jun 427.85 407.83 452.88 9.95
Jul 420.54 408.05 429.62 5.02
Aug 413.72 400.69 436.81 8.27
Sep 426.76 407.17 457.48 11.00
Oct 442.89 411.40 470.79 12.62
Nov 456.44 426.04 481.50 11.52
Dec 476.98 465.82 491.58 5.24

Reliance Steel & Aluminum information and performance

Reliance Steel & Aluminum Address

350 S GRAND AVE STE 5100, LOS ANGELES, CA, US

Market Capitalization: 17 134 374 000 $

Market capitalization of the Reliance Steel & Aluminum Co. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of RS shares in the company outstanding by the market price of one share.

EBITDA: 1 866 900 000 $

EBITDA of Reliance Steel & Aluminum is earnings before interest, income tax and depreciation of assets.

PE Ratio: 13.91

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.2

Price/earnings to growth

DPS: 4.1

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0147

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 21.45

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.187
Quarterly Revenue Growth YOY: -0.081
Trailing PE: 13.91

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 17.64

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.283

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.94

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 57427000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Reliance Steel & Aluminum (RS) stock dividend

Reliance Steel & Aluminum last paid dividends on 05/23/2024. The next scheduled payment will be on 06/07/2024. The amount of dividends is $4.1 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.