Reliance Steel & Aluminum (RS) stock Forecast for 2022 – 2026

Reliance Steel & Aluminum (RS) stock Forecast for 2022 – 2026

Last update: March 27, 2023 (09:47)

Sector: Basic materials

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

What analysts predict: $262.5
52-week High/Low: $263.4 / $158.27

50/200 Day Moving Average: $236.03 / $201.63

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 support 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 2023, 2024, 2025, 2026, 2027. How much will one Reliance Steel & Aluminum share be worth in 2023 - 2027?

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, 2023, 2024, 2025, 2026 and 2027) 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 daily forecast for a month

Date Target Pes. Opt. Vol., %
Mar 29 254.75 251.29 256.23 1.97
Mar 30 256.28 254.13 257.92 1.49
Mar 31 252.79 248.75 254.41 2.28
Apr 01 247.84 244.17 248.83 1.91
Apr 02 247.69 243.83 251.31 3.07
Apr 03 246.70 244.78 248.72 1.61
Apr 04 246.80 244.77 249.22 1.81
Apr 05 246.50 242.56 248.57 2.48
Apr 06 244.23 241.84 246.53 1.94
Apr 07 245.60 241.92 247.27 2.21
Apr 08 242.26 239.21 245.51 2.63
Apr 09 244.44 242.44 246.20 1.55
Apr 10 245.18 241.30 246.94 2.34
Apr 11 246.84 243.53 250.15 2.72
Apr 12 244.62 242.27 246.28 1.66
Apr 13 242.62 239.61 244.80 2.17
Apr 14 244.17 243.09 245.24 0.88
Apr 15 242.75 240.96 244.06 1.29
Apr 16 238.24 235.04 241.57 2.78
Apr 17 237.05 236.00 239.94 1.67
Apr 18 234.96 232.84 238.11 2.26
Apr 19 232.09 229.77 235.67 2.57
Apr 20 232.84 229.62 235.16 2.41
Apr 21 232.65 230.93 234.93 1.73
Apr 22 237.21 233.51 240.81 3.13
Apr 23 236.31 233.57 238.62 2.17
Apr 24 235.03 232.16 238.70 2.81
Apr 25 232.12 228.77 234.53 2.52
Apr 26 231.14 227.72 234.70 3.07
Apr 27 227.86 225.49 231.00 2.45

Reliance Steel & Aluminum Daily Price Targets


Reliance Steel & Aluminum Stock Forecast 03-29-2023.

Forecast target price for 03-29-2023: $254.75.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.929%.
Pessimistic target level: 251.29
Optimistic target level: 256.23

Reliance Steel & Aluminum Stock Forecast 03-30-2023.

Forecast target price for 03-30-2023: $256.28.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.471%.
Pessimistic target level: 254.13
Optimistic target level: 257.92

Reliance Steel & Aluminum Stock Forecast 03-31-2023.

Forecast target price for 03-31-2023: $252.79.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.226%.
Pessimistic target level: 248.75
Optimistic target level: 254.41

Reliance Steel & Aluminum Stock Forecast 04-01-2023.

Forecast target price for 04-01-2023: $247.84.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.873%.
Pessimistic target level: 244.17
Optimistic target level: 248.83

Reliance Steel & Aluminum Stock Forecast 04-02-2023.

Forecast target price for 04-02-2023: $247.69.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.976%.
Pessimistic target level: 243.83
Optimistic target level: 251.31

Reliance Steel & Aluminum Stock Forecast 04-03-2023.

Forecast target price for 04-03-2023: $246.70.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.587%.
Pessimistic target level: 244.78
Optimistic target level: 248.72

RS (RS) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Apr. 258.19 242.39 273.07 11.23
May. 253.55 243.96 264.96 7.92
Jun. 263.13 253.89 278.52 8.84
Jul. 260.05 243.20 271.99 10.58
Aug. 271.29 264.20 286.91 7.91
Sep. 293.75 283.17 314.10 9.85
Oct. 293.75 272.60 308.29 11.58
Nov. 292.16 280.07 307.94 9.05
Dec. 288.74 278.35 297.06 6.30

Reliance Steel & Aluminum forecast for this year


Reliance Steel & Aluminum Stock Prediction for Apr 2023

An uptrend is forecast for this month with an optimal target price of $258.193. Pessimistic: $242.39. Optimistic: $273.07


Reliance Steel & Aluminum Stock Prediction for May 2023

An downtrend is forecast for this month with an optimal target price of $253.545. Pessimistic: $243.96. Optimistic: $264.96


Reliance Steel & Aluminum Stock Prediction for Jun 2023

An uptrend is forecast for this month with an optimal target price of $263.129. Pessimistic: $253.89. Optimistic: $278.52


Reliance Steel & Aluminum Stock Prediction for Jul 2023

An downtrend is forecast for this month with an optimal target price of $260.051. Pessimistic: $243.20. Optimistic: $271.99


Reliance Steel & Aluminum Stock Prediction for Aug 2023

An uptrend is forecast for this month with an optimal target price of $271.285. Pessimistic: $264.20. Optimistic: $286.91


Reliance Steel & Aluminum Stock Prediction for Sep 2023

An uptrend is forecast for this month with an optimal target price of $293.747. Pessimistic: $283.17. Optimistic: $314.10


Reliance Steel & Aluminum Stock Prediction for Oct 2023

An downtrend is forecast for this month with an optimal target price of $293.747. Pessimistic: $272.60. Optimistic: $308.29


Reliance Steel & Aluminum Stock Prediction for Nov 2023

An downtrend is forecast for this month with an optimal target price of $292.161. Pessimistic: $280.07. Optimistic: $307.94


Reliance Steel & Aluminum Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $288.743. Pessimistic: $278.35. Optimistic: $297.06



Reliance Steel & Aluminum (RS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 297.58 290.88 303.47 4.15
Feb 284.72 264.74 291.64 9.23
Mar 286.52 277.23 294.51 5.87
Apr 294.00 275.47 305.11 9.71
May 319.66 306.43 328.00 6.58
Jun 313.62 303.46 323.50 6.19
Jul 333.38 312.07 356.78 12.53
Aug 332.78 313.01 343.86 8.97
Sep 354.34 339.35 367.42 7.64
Oct 369.65 358.67 386.95 7.31
Nov 365.32 347.90 387.02 10.11
Dec 333.76 314.54 343.37 8.40

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

Month Target Pes. Opt. Vol., %
Jan 318.74 304.11 333.08 8.70
Feb 329.07 314.26 344.17 8.69
Mar 342.40 333.46 356.57 6.48
Apr 352.87 331.91 376.06 11.74
May 337.31 318.19 345.51 7.91
Jun 327.29 306.97 339.08 9.47
Jul 332.01 314.38 339.48 7.39
Aug 311.99 291.49 320.97 9.19
Sep 321.25 311.13 343.23 9.35
Oct 327.90 315.21 342.95 8.09
Nov 356.82 345.26 372.88 7.41
Dec 361.32 339.21 369.12 8.10

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

Month Target Pes. Opt. Vol., %
Jan 358.39 335.17 365.49 8.30
Feb 372.26 356.52 397.05 10.21
Mar 391.69 370.19 406.85 9.01
Apr 401.21 386.41 414.57 6.79
May 388.93 366.88 406.79 9.81
Jun 387.53 365.56 408.46 10.50
Jul 384.05 365.73 411.01 11.02
Aug 377.83 366.60 400.95 8.57
Sep 369.66 345.04 391.96 11.97
Oct 360.68 347.37 369.12 5.89
Nov 351.59 341.15 361.72 5.69
Dec 354.12 342.33 368.78 7.17

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

Month Target Pes. Opt. Vol., %
Jan 361.14 353.01 384.86 8.28
Feb 382.59 361.24 396.70 8.94
Mar 381.21 364.06 398.36 8.61
Apr 370.23 355.24 394.55 9.97
May 383.89 376.29 394.60 4.64
Jun 413.26 383.51 425.53 9.88
Jul 424.05 408.78 449.23 9.01
Aug 421.76 395.94 441.87 10.39
Sep 384.94 364.15 401.22 9.24
Oct 373.50 352.66 387.96 9.10
Nov 376.53 365.35 394.83 7.47
Dec 364.67 353.18 387.97 8.97

Reliance Steel & Aluminum information and performance

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 Address

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

Market Capitalization: 14 598 016 000 $

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

EBITDA: 2 754 700 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 8.14

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: 3.5

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: 0.0162

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

EPS: 30.39

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

Quarterly Earnings Growth YOY: -0.115
Quarterly Revenue Growth YOY: -0.095
Trailing PE: 8.14

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: 9.06

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

EV To Revenue: 0.758

Enterprise Value (EV) /Revenue

EV To EBITDA: 4.526

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

Shares Outstanding: 58980000

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 03/09/2023. The next scheduled payment will be on 03/24/2023. The amount of dividends is $3.5 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.