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Reliance Steel & Aluminum Co is currently in a long term uptrend where the price is trading 7.8% above its 200 day moving average.
From a valuation standpoint, the stock is 87.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.2.
Reliance Steel & Aluminum Co's total revenue sank by 12.8% to $2B since the same quarter in the previous year.
Its net income has dropped by 21.7% to $130M since the same quarter in the previous year.
Finally, its free cash flow fell by 33.0% to $193M since the same quarter in the previous year.
Based on the above factors, Reliance Steel & Aluminum Co gets an overall score of 2/5.
Industry | Steel |
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Sector | Basic Materials |
ISIN | US7595091023 |
CurrencyCode | USD |
Exchange | NYSE |
Beta | 0.89 |
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Market Cap | 14B |
Dividend Yield | 1.6% |
PE Ratio | 8.23 |
Target Price | 261.75 |
Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is based in Scottsdale, Arizona.
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