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: April 24, 2024 (09:47)

Sector: Basic materials

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

Latest session on the 24th of April for
Reliance Steel & Aluminum Co. is negative
Trading Volume: 295712
Open: 317.25 /  High: 319.77 /  Low: 310.582
What analysts predict: $363.4
52-week High/Low: $342.2 / $226.69

50/200 Day Moving Average: $321.47 / $285.09

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 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., %
Apr 26 321.33 319.02 324.54 1.73
Apr 27 320.11 315.24 324.33 2.88
Apr 28 314.41 312.15 319.06 2.22
Apr 29 312.40 309.90 313.65 1.21
Apr 30 311.71 310.15 314.95 1.55
May 01 315.45 310.66 319.43 2.82
May 02 317.60 312.83 322.55 3.11
May 03 318.99 314.40 322.06 2.44
May 04 316.31 313.40 318.53 1.63
May 05 315.62 312.97 318.46 1.75
May 06 318.27 316.74 319.73 0.94
May 07 316.49 313.70 320.54 2.18
May 08 319.34 315.44 324.38 2.83
May 09 320.23 317.60 323.18 1.75
May 10 322.41 318.73 326.34 2.39
May 11 323.31 320.01 326.48 2.02
May 12 325.83 324.53 327.33 0.86
May 13 329.16 325.80 331.20 1.66
May 14 328.50 324.69 332.83 2.51
May 15 324.82 320.86 327.03 1.92
May 16 322.41 317.26 324.99 2.44
May 17 323.51 319.31 328.56 2.90
May 18 327.65 325.03 329.42 1.35
May 19 324.38 320.35 328.66 2.59
May 20 324.38 321.91 328.33 1.99
May 21 324.89 320.02 329.38 2.92
May 22 319.96 317.91 321.56 1.15
May 23 318.04 315.81 322.04 1.97
May 24 318.10 315.87 322.04 1.95
May 25 319.05 317.27 322.95 1.79

Reliance Steel & Aluminum Daily Price Targets


Reliance Steel & Aluminum Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $321.33.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.703%.
Pessimistic target level: 319.02
Optimistic target level: 324.54

Reliance Steel & Aluminum Stock Forecast 04-27-2024.

Forecast target price for 04-27-2024: $320.11.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.803%.
Pessimistic target level: 315.24
Optimistic target level: 324.33

Reliance Steel & Aluminum Stock Forecast 04-28-2024.

Forecast target price for 04-28-2024: $314.41.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.168%.
Pessimistic target level: 312.15
Optimistic target level: 319.06

Reliance Steel & Aluminum Stock Forecast 04-29-2024.

Forecast target price for 04-29-2024: $312.40.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.195%.
Pessimistic target level: 309.90
Optimistic target level: 313.65

Reliance Steel & Aluminum Stock Forecast 04-30-2024.

Forecast target price for 04-30-2024: $311.71.
Negative dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 1.524%.
Pessimistic target level: 310.15
Optimistic target level: 314.95

Reliance Steel & Aluminum Stock Forecast 05-01-2024.

Forecast target price for 05-01-2024: $315.45.
Positive dynamics for Reliance Steel & Aluminum shares will prevail with possible volatility of 2.746%.
Pessimistic target level: 310.66
Optimistic target level: 319.43

RS (RS) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 309.50 298.91 322.59 7.34
Jun. 309.50 302.81 327.33 7.49
Jul. 304.49 283.38 311.61 9.06
Aug. 316.27 297.77 323.95 8.08
Sep. 321.11 298.28 335.27 11.03
Oct. 323.13 314.41 336.80 6.65
Nov. 345.23 330.32 358.59 7.88
Dec. 356.42 346.80 380.48 8.85

Reliance Steel & Aluminum forecast for this year


Reliance Steel & Aluminum Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $309.499. Pessimistic: $298.91. Optimistic: $322.59


Reliance Steel & Aluminum Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $309.499. Pessimistic: $302.81. Optimistic: $327.33


Reliance Steel & Aluminum Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $304.485. Pessimistic: $283.38. Optimistic: $311.61


Reliance Steel & Aluminum Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $316.268. Pessimistic: $297.77. Optimistic: $323.95


Reliance Steel & Aluminum Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $321.107. Pessimistic: $298.28. Optimistic: $335.27


Reliance Steel & Aluminum Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $323.13. Pessimistic: $314.41. Optimistic: $336.80


Reliance Steel & Aluminum Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $345.232. Pessimistic: $330.32. Optimistic: $358.59


Reliance Steel & Aluminum Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $356.418. Pessimistic: $346.80. Optimistic: $380.48



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

Month Target Pes. Opt. Vol., %
Jan 343.27 336.47 360.88 6.76
Feb 370.45 349.12 389.79 10.44
Mar 348.78 342.50 358.51 4.47
Apr 336.54 328.97 347.44 5.32
May 324.73 318.01 332.33 4.31
Jun 334.08 326.86 357.53 8.58
Jul 355.43 347.43 378.46 8.20
Aug 375.26 352.29 385.73 8.67
Sep 393.16 375.47 418.28 10.24
Oct 399.17 382.65 423.96 9.74
Nov 408.52 400.06 418.07 4.31
Dec 377.26 354.52 401.03 11.60

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

Month Target Pes. Opt. Vol., %
Jan 344.67 320.78 366.69 12.52
Feb 340.02 317.06 356.54 11.07
Mar 318.29 297.09 326.88 9.11
Apr 305.11 290.56 310.88 6.54
May 303.74 288.98 311.67 7.28
Jun 314.95 296.81 337.06 11.94
Jul 320.05 307.95 333.01 7.53
Aug 322.35 308.14 342.66 10.08
Sep 309.30 295.38 316.26 6.60
Oct 314.03 306.68 336.36 8.82
Nov 323.36 303.28 335.00 9.47
Dec 341.69 331.54 349.69 5.19

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

Month Target Pes. Opt. Vol., %
Jan 352.76 340.38 367.05 7.27
Feb 351.81 329.96 376.51 12.36
Mar 375.56 356.97 384.01 7.04
Apr 379.95 362.17 406.28 10.86
May 373.11 353.30 396.95 11.00
Jun 399.97 377.66 415.09 9.02
Jul 385.58 375.86 406.74 7.59
Aug 387.31 359.77 399.86 10.03
Sep 399.16 378.33 426.47 11.29
Oct 405.63 396.14 414.03 4.32
Nov 392.49 385.42 400.61 3.79
Dec 403.44 395.09 418.69 5.64

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

Month Target Pes. Opt. Vol., %
Jan 412.15 392.49 427.73 8.24
Feb 396.57 384.08 412.63 6.92
Mar 402.64 388.14 416.05 6.71
Apr 422.21 410.05 433.61 5.43
May 420.69 405.16 437.35 7.36
Jun 453.25 422.25 483.44 12.66
Jul 445.91 415.81 469.99 11.53
Aug 438.28 413.04 469.44 12.02
Sep 444.20 417.81 462.99 9.76
Oct 443.00 426.65 459.35 7.12
Nov 410.31 398.49 432.09 7.78
Dec 416.58 392.96 439.08 10.50

Reliance Steel & Aluminum information and performance

Reliance Steel & Aluminum Address

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

Market Capitalization: 18 541 642 000 $

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: 14.26

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: 22.64

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: 14.26

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: 57426000

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.




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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.