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







6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …
Trading Penny Stocks for Profit: Expert Insights and Practical Advice

February 22, 2024 Trading Penny Stocks for Profit: Expert Insights and Practical Advice

For aspiring traders and seasoned investors alike, the enticing appeal of penny stocks can be likened to voyaging across the vast oceans, discovering…
Vanskelig å Få Refinansiering: Why Was Your Refinancing Loan Denied?

February 15, 2024 Vanskelig å Få Refinansiering: Why Was Your Refinancing Loan Denied?

At historically low interest rates, refinancing can seem tempting; but applications for refinance could be denied for various reasons. Underwriters need assurances that…

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

Updated: March 28, 2024 (09:47)

Sector: Basic materials

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

Latest session on the 27th of March for
Reliance Steel & Aluminum Co. is positive
Trading Volume: 170384
Open: 333.7 /  High: 337.105 /  Low: 333.295
What analysts predict: $341.4
52-week High/Low: $332.48 / $226.69

50/200 Day Moving Average: $303.38 / $278.09

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., %
Mar 30 344.42 341.53 346.14 1.35
Mar 31 341.18 339.55 345.82 1.85
Apr 01 341.05 338.73 346.16 2.19
Apr 02 342.34 339.40 344.47 1.49
Apr 03 348.71 347.11 352.34 1.51
Apr 04 348.29 344.11 351.98 2.29
Apr 05 346.97 342.39 348.63 1.82
Apr 06 350.16 346.52 354.99 2.45
Apr 07 347.64 342.49 349.93 2.17
Apr 08 345.28 342.79 349.97 2.10
Apr 09 340.03 336.76 342.07 1.57
Apr 10 343.43 338.48 346.79 2.46
Apr 11 345.08 341.90 349.15 2.12
Apr 12 347.42 344.02 352.29 2.40
Apr 13 350.69 346.55 355.67 2.63
Apr 14 357.07 352.43 358.50 1.72
Apr 15 360.36 356.32 362.59 1.76
Apr 16 360.57 355.52 366.13 2.98
Apr 17 358.34 356.04 363.86 2.19
Apr 18 359.77 357.18 362.00 1.35
Apr 19 359.12 357.33 361.42 1.15
Apr 20 355.75 354.04 357.74 1.04
Apr 21 359.02 357.22 364.62 2.07
Apr 22 355.93 353.37 358.99 1.59
Apr 23 361.13 356.29 364.60 2.33
Apr 24 357.88 352.15 362.46 2.93
Apr 25 354.23 350.12 358.48 2.39
Apr 26 347.71 343.47 349.24 1.68
Apr 27 347.15 344.65 352.71 2.34
Apr 28 344.45 340.66 347.27 1.94

Reliance Steel & Aluminum Daily Price Targets


Reliance Steel & Aluminum Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $344.42.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.334%.
Pessimistic target level: 341.53
Optimistic target level: 346.14

Reliance Steel & Aluminum Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $341.18.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.815%.
Pessimistic target level: 339.55
Optimistic target level: 345.82

Reliance Steel & Aluminum Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $341.05.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.148%.
Pessimistic target level: 338.73
Optimistic target level: 346.16

Reliance Steel & Aluminum Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $342.34.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.471%.
Pessimistic target level: 339.40
Optimistic target level: 344.47

Reliance Steel & Aluminum Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $348.71.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.485%.
Pessimistic target level: 347.11
Optimistic target level: 352.34

Reliance Steel & Aluminum Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $348.29.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.236%.
Pessimistic target level: 344.11
Optimistic target level: 351.98

RS (RS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 327.67 312.92 341.23 8.30
May. 355.68 333.60 376.81 11.47
Jun. 354.40 346.43 367.48 5.73
Jul. 361.74 337.32 377.37 10.61
Aug. 351.00 344.36 359.84 4.30
Sep. 358.58 344.38 366.97 6.16
Oct. 342.44 322.41 360.32 10.52
Nov. 352.61 342.14 377.68 9.41
Dec. 341.19 332.90 362.38 8.13

Reliance Steel & Aluminum forecast for this year


Reliance Steel & Aluminum Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $327.669. Pessimistic: $312.92. Optimistic: $341.23


Reliance Steel & Aluminum Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $355.684. Pessimistic: $333.60. Optimistic: $376.81


Reliance Steel & Aluminum Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $354.404. Pessimistic: $346.43. Optimistic: $367.48


Reliance Steel & Aluminum Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $361.74. Pessimistic: $337.32. Optimistic: $377.37


Reliance Steel & Aluminum Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $350.996. Pessimistic: $344.36. Optimistic: $359.84


Reliance Steel & Aluminum Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $358.578. Pessimistic: $344.38. Optimistic: $366.97


Reliance Steel & Aluminum Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $342.442. Pessimistic: $322.41. Optimistic: $360.32


Reliance Steel & Aluminum Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $352.612. Pessimistic: $342.14. Optimistic: $377.68


Reliance Steel & Aluminum Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $341.188. Pessimistic: $332.90. Optimistic: $362.38



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

Month Target Pes. Opt. Vol., %
Jan 322.76 311.73 343.97 9.37
Feb 296.91 279.01 314.01 11.15
Mar 282.48 271.29 300.79 9.80
Apr 286.29 280.63 305.88 8.26
May 284.49 269.64 301.65 10.61
Jun 297.80 278.78 303.17 8.05
Jul 286.01 271.60 295.02 7.94
Aug 292.96 272.66 311.15 12.37
Sep 295.86 285.48 308.38 7.43
Oct 302.79 296.25 318.05 6.85
Nov 288.34 279.78 296.91 5.77
Dec 263.95 253.97 270.84 6.23

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

Month Target Pes. Opt. Vol., %
Jan 259.44 245.19 264.57 7.33
Feb 248.46 242.20 254.72 4.92
Mar 242.20 225.85 249.18 9.36
Apr 262.04 246.71 279.25 11.65
May 281.14 274.56 300.12 8.52
Jun 305.68 295.50 311.18 5.04
Jul 309.26 294.23 317.89 7.44
Aug 310.65 291.64 321.83 9.38
Sep 322.39 308.47 331.97 7.08
Oct 313.11 297.05 332.55 10.68
Nov 333.68 313.26 352.60 11.16
Dec 353.50 334.73 374.82 10.70

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

Month Target Pes. Opt. Vol., %
Jan 352.54 336.36 377.29 10.85
Feb 351.59 333.56 358.55 6.97
Mar 381.65 364.48 405.01 10.01
Apr 395.39 384.01 408.56 6.01
May 392.55 376.30 399.97 5.92
Jun 406.33 397.55 414.00 3.97
Jul 404.50 386.66 428.89 9.85
Aug 380.83 369.52 400.71 7.78
Sep 382.55 367.05 402.52 8.81
Oct 381.17 371.91 399.70 6.95
Nov 385.97 360.61 408.21 11.66
Dec 417.24 402.59 438.64 8.22

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

Month Target Pes. Opt. Vol., %
Jan 439.39 416.85 455.61 8.51
Feb 446.91 415.13 465.01 10.73
Mar 462.99 438.83 474.25 7.47
Apr 467.16 447.82 490.71 8.74
May 458.75 442.24 474.03 6.71
Jun 487.65 462.64 504.33 8.27
Jul 489.41 463.86 505.71 8.27
Aug 493.81 479.15 525.81 8.88
Sep 514.70 502.20 542.50 7.43
Oct 483.20 457.11 492.34 7.15
Nov 481.46 450.70 515.69 12.60
Dec 468.03 449.07 492.46 8.81

Reliance Steel & Aluminum information and performance

Reliance Steel & Aluminum Address

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

Market Capitalization: 18 774 086 000 $

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: 1 984 900 000 $

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

PE Ratio: 14.43

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

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: 0.0135

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

EPS: 22.66

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

Quarterly Earnings Growth YOY: -0.2
Quarterly Revenue Growth YOY: -0.076
Trailing PE: 14.43

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: 17.7

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

EV To Revenue: 1.288

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.98

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

Shares Outstanding: 57425000

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 03/07/2024. The next scheduled payment will be on 03/22/2024. The amount of dividends is $4 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.




Related stocks from Basic materials sector


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.