Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Reliance Inc (NYSE: RS) closed at $281.50 down -0.55% from its previous closing price of $283.06. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.52 million shares were traded. RS stock price reached its highest trading level at $284.69 during the session, while it also had its lowest trading level at $280.507.
Ratios:
For a deeper understanding of Reliance Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.13.
On December 02, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $341.
Wolfe Research Downgraded its Peer Perform to Underperform on July 26, 2024, while the target price for the stock was maintained at $262.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 24 ’25 when Lewis Karla R sold 31,136 shares for $300.52 per share. The transaction valued at 9,357,101 led to the insider holds 90,230 shares of the business.
Lewis Karla R bought 31,136 shares of RS for $9,357,159 on Feb 24 ’25. On Dec 02 ’24, another insider, Lewis Karla R, who serves as the President, CEO of the company, sold 3,892 shares for $323.90 each. As a result, the insider received 1,260,604 and left with 85,117 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RS now has a Market Capitalization of 14911645696 and an Enterprise Value of 16022640640. As of this moment, Reliance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.23, and their Forward P/E ratio for the next fiscal year is 14.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 1.158 whereas that against EBITDA is 10.998.
Stock Price History:
The Beta on a monthly basis for RS is 0.83, which has changed by -0.14807975 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, RS has reached a high of $342.20, while it has fallen to a 52-week low of $256.98. The 50-Day Moving Average of the stock is -1.85%, while the 200-Day Moving Average is calculated to be -2.68%.
Shares Statistics:
For the past three months, RS has traded an average of 473.97K shares per day and 411160 over the past ten days. A total of 53.72M shares are outstanding, with a floating share count of 52.60M. Insiders hold about 0.70% of the company’s shares, while institutions hold 84.97% stake in the company. Shares short for RS as of 1740700800 were 1273373 with a Short Ratio of 2.69, compared to 1738281600 on 1461717. Therefore, it implies a Short% of Shares Outstanding of 1273373 and a Short% of Float of 3.2399999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for RS is 4.50, from 4.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015544408The stock’s 5-year Average Dividend Yield is 1.71. The current Payout Ratio is 28.03% for RS, which recently paid a dividend on 2025-03-07 with an ex-dividend date of 1741305600. Stock splits for the company last occurred on 2006-07-20 when the company split stock in a 2:1 ratio.
Earnings Estimates
The market rating for Reliance Inc (RS) is a result of the insights provided by 5.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $4.75, with high estimates of $5.29 and low estimates of $4.03.
Analysts are recommending an EPS of between $18.5 and $14.73 for the fiscal current year, implying an average EPS of $17.03. EPS for the following year is $20.11, with 5.0 analysts recommending between $22.6 and $18.57.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $3.44B this quarter.It ranges from a high estimate of $3.55B to a low estimate of $3.34B. As of the current estimate, Reliance Inc’s year-ago sales were $3.64BFor the next quarter, 7 analysts are estimating revenue of $3.71B. There is a high estimate of $3.95B for the next quarter, whereas the lowest estimate is $3.56B.
A total of 8 analysts have provided revenue estimates for RS’s current fiscal year. The highest revenue estimate was $15.1B, while the lowest revenue estimate was $13.88B, resulting in an average revenue estimate of $14.21B. In the same quarter a year ago, actual revenue was $13.84BBased on 7 analysts’ estimates, the company’s revenue will be $14.83B in the next fiscal year. The high estimate is $15.84B and the low estimate is $14.44B.
