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: July 27, 2024 (03:24)

Sector: Basic materials

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

Latest session on the 26th of July for
Reliance Steel & Aluminum Co. is negative
Trading Volume: 452751
Open: 302.01 /  High: 307.21 /  Low: 301.81
What analysts predict: $332.46
52-week High/Low: $340.95 / $234.61

50/200 Day Moving Average: $291.6 / $291.35

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 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., %
Jul 29 314.17 311.59 318.19 2.12
Jul 30 316.62 314.08 319.97 1.87
Jul 31 310.54 306.13 312.77 2.17
Aug 01 313.08 310.02 315.59 1.80
Aug 02 312.83 311.14 314.96 1.23
Aug 03 310.71 308.47 312.20 1.21
Aug 04 309.65 305.00 311.82 2.23
Aug 05 311.88 309.95 315.75 1.87
Aug 06 317.37 315.34 320.22 1.55
Aug 07 317.50 313.05 321.24 2.62
Aug 08 313.49 308.67 317.07 2.72
Aug 09 313.75 309.60 316.51 2.23
Aug 10 317.01 312.00 320.31 2.66
Aug 11 316.12 313.15 319.35 1.98
Aug 12 317.32 312.63 318.85 1.99
Aug 13 316.43 314.28 320.04 1.83
Aug 14 316.62 312.06 318.21 1.97
Aug 15 319.41 314.94 324.33 2.98
Aug 16 321.13 318.76 325.12 1.99
Aug 17 323.51 318.59 327.85 2.90
Aug 18 324.48 321.76 325.84 1.27
Aug 19 324.74 320.39 328.38 2.49
Aug 20 321.69 319.05 326.32 2.28
Aug 21 322.33 318.98 326.07 2.22
Aug 22 322.78 320.85 326.01 1.61
Aug 23 327.43 326.06 328.94 0.88
Aug 24 327.17 325.14 332.01 2.11
Aug 25 326.19 322.86 330.88 2.49
Aug 26 328.01 324.54 329.52 1.54
Aug 27 325.00 320.77 329.42 2.70

Reliance Steel & Aluminum Daily Price Targets


Reliance Steel & Aluminum Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $314.17.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.074%.
Pessimistic target level: 311.59
Optimistic target level: 318.19

Reliance Steel & Aluminum Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $316.62.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.840%.
Pessimistic target level: 314.08
Optimistic target level: 319.97

Reliance Steel & Aluminum Stock Forecast 07-31-2024.

Forecast target price for 07-31-2024: $310.54.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.125%.
Pessimistic target level: 306.13
Optimistic target level: 312.77

Reliance Steel & Aluminum Stock Forecast 08-01-2024.

Forecast target price for 08-01-2024: $313.08.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.766%.
Pessimistic target level: 310.02
Optimistic target level: 315.59

Reliance Steel & Aluminum Stock Forecast 08-02-2024.

Forecast target price for 08-02-2024: $312.83.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.212%.
Pessimistic target level: 311.14
Optimistic target level: 314.96

Reliance Steel & Aluminum Stock Forecast 08-03-2024.

Forecast target price for 08-03-2024: $310.71.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.194%.
Pessimistic target level: 308.47
Optimistic target level: 312.20

RS (RS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 306.24 287.22 314.23 8.60
Sep. 309.00 289.53 324.01 10.64
Oct. 312.05 300.26 326.38 8.00
Nov. 322.17 309.70 341.59 9.34
Dec. 331.15 314.17 345.76 9.14

Reliance Steel & Aluminum forecast for this year


Reliance Steel & Aluminum Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $306.239. Pessimistic: $287.22. Optimistic: $314.23


Reliance Steel & Aluminum Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $308.995. Pessimistic: $289.53. Optimistic: $324.01


Reliance Steel & Aluminum Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $312.054. Pessimistic: $300.26. Optimistic: $326.38


Reliance Steel & Aluminum Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $322.165. Pessimistic: $309.70. Optimistic: $341.59


Reliance Steel & Aluminum Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $331.153. Pessimistic: $314.17. Optimistic: $345.76



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

Month Target Pes. Opt. Vol., %
Jan 320.72 299.65 338.04 11.36
Feb 340.06 325.98 346.18 5.84
Mar 347.71 327.06 360.23 9.21
Apr 357.41 340.04 369.64 8.01
May 329.43 313.72 342.18 8.32
Jun 329.13 312.25 341.87 8.66
Jul 303.66 288.63 312.68 7.69
Aug 315.68 301.48 328.18 8.14
Sep 343.53 327.14 351.26 6.87
Oct 330.23 322.21 337.36 4.49
Nov 318.64 300.86 334.99 10.19
Dec 329.82 311.12 339.92 8.47

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

Month Target Pes. Opt. Vol., %
Jan 344.67 334.12 360.18 7.23
Feb 352.42 343.54 364.47 5.74
Mar 326.41 303.20 335.52 9.63
Apr 318.19 308.45 339.38 9.11
May 331.65 315.53 342.99 8.01
Jun 346.27 336.61 358.74 6.17
Jul 371.52 359.48 381.55 5.78
Aug 364.83 340.86 384.86 11.43
Sep 351.37 337.14 373.19 9.66
Oct 381.09 354.34 408.53 13.27
Nov 356.74 336.19 377.93 11.04
Dec 363.80 357.25 388.36 8.01

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

Month Target Pes. Opt. Vol., %
Jan 370.68 360.67 392.03 8.00
Feb 365.67 339.35 374.89 9.48
Mar 378.18 356.06 398.26 10.60
Apr 398.26 381.06 409.73 7.00
May 417.26 396.23 427.77 7.37
Jun 434.16 416.18 456.43 8.82
Jul 453.70 442.26 468.40 5.58
Aug 454.51 433.24 480.69 9.87
Sep 469.65 439.64 492.47 10.73
Oct 499.66 479.87 515.85 6.97
Nov 480.32 460.87 512.74 10.12
Dec 469.95 456.41 490.25 6.90

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

Month Target Pes. Opt. Vol., %
Jan 473.75 450.73 490.38 8.09
Feb 480.57 457.65 489.66 6.54
Mar 471.92 443.89 504.63 12.04
Apr 457.48 443.90 469.01 5.36
May 446.78 427.88 463.67 7.72
Jun 482.16 460.47 509.50 9.62
Jul 486.94 456.70 510.60 10.56
Aug 520.68 507.56 547.86 7.36
Sep 558.17 519.99 572.24 9.13
Oct 591.33 564.72 612.61 7.82
Nov 595.05 569.88 625.58 8.90
Dec 616.47 587.62 645.32 8.94

Reliance Steel & Aluminum information and performance

Reliance Steel & Aluminum Address

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

Market Capitalization: 17 141 460 000 $

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: 15.7

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: N/A

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: 0.015

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

EPS: 19.63

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: 15.7

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: 55627000

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 $0 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.