$316.43
0.93% yesterday
NYSE, Nov 21, 10:00 pm CET
ISIN
US7595091023
Symbol
RS

Reliance Steel & Aluminum Co. Target price 2024 - Analyst rating & recommendation

Reliance Steel & Aluminum Co. Classifications & Recommendation:

Buy
50%
Hold
38%
Sell
13%

Reliance Steel & Aluminum Co. Price Target

Target Price $317.83
Price $316.43
Potential
Number of Estimates 6
6 Analysts have issued a price target Reliance Steel & Aluminum Co. 2025 . The average Reliance Steel & Aluminum Co. target price is $317.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 4 Analysts recommend Reliance Steel & Aluminum Co. to buy, 3 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Reliance Steel & Aluminum Co. stock has an average upside potential 2025 of . Most analysts recommend the Reliance Steel & Aluminum Co. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 14.81 13.80
13.03% 6.77%
EBITDA Margin 13.41% 10.81%
16.96% 19.37%
Net Margin 8.28% 6.44%
12.99% 22.18%

6 Analysts have issued a sales forecast Reliance Steel & Aluminum Co. 2024 . The average Reliance Steel & Aluminum Co. sales estimate is

$13.8b
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. This is
1.72% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$13.8b 1.52%
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, the lowest is
$13.7b 2.32%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $14.8b 13.03%
2024
$13.8b 6.77%
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2025
$14.0b 1.35%
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2026
$14.1b 0.58%
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6 Analysts have issued an Reliance Steel & Aluminum Co. EBITDA forecast 2024. The average Reliance Steel & Aluminum Co. EBITDA estimate is

$1.5b
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. This is
7.28% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.5b 5.71%
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, the lowest is
$1.5b 8.35%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $2.0b 27.78%
2024
$1.5b 24.82%
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2025
$1.5b 3.20%
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2026
$1.6b 4.72%
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EBITDA Margin

2023 13.41% 16.96%
2024
10.81% 19.37%
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2025
11.01% 1.85%
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2026
11.46% 4.09%
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2 Reliance Steel & Aluminum Co. Analysts have issued a net profit forecast 2024. The average Reliance Steel & Aluminum Co. net profit estimate is

$889m
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. This is
9.73% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$890m 9.62%
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, the lowest is
$888m 9.84%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $1.2b 24.33%
2024
$889m 27.43%
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2025
$914m 2.80%
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Net Margin

2023 8.28% 12.99%
2024
6.44% 22.18%
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2025
6.53% 1.40%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 22.64 16.43
24.33% 27.43%
P/E 19.08
EV/Sales 1.32

2 Analysts have issued a Reliance Steel & Aluminum Co. forecast for earnings per share. The average Reliance Steel & Aluminum Co. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$16.43
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. This is
9.73% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$16.45 9.62%
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, the lowest is
$16.41 9.84%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $22.64 24.33%
2024
$16.43 27.43%
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2025
$16.89 2.80%
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P/E ratio

Current 17.22 50.39%
2024
19.08 10.80%
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2025
18.56 2.73%
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Based on analysts' sales estimates for 2024, the Reliance Steel & Aluminum Co. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.30 21.50%
2024
1.32 1.44%
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2025
1.30 1.33%
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2026
1.29 0.58%
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P/S ratio

Current 1.21 16.35%
2024
1.23 1.75%
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2025
1.21 1.33%
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2026
1.21 0.57%
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