S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption

Reliance Steel & Aluminum (RS) Competitors

$320.18
-1.04 (-0.32%)
(As of 03/1/2024 ET)

RS vs. IEX, HUBB, BALL, AVY, AXON, CNHI, TS, PKG, NDSN, and GGG

Should you be buying Reliance Steel & Aluminum stock or one of its competitors? The main competitors of Reliance Steel & Aluminum include IDEX (IEX), Hubbell (HUBB), Ball (BALL), Avery Dennison (AVY), Axon Enterprise (AXON), CNH Industrial (CNHI), Tenaris (TS), Packaging Co. of America (PKG), Nordson (NDSN), and Graco (GGG). These companies are all part of the "industrial products" sector.

Reliance Steel & Aluminum vs.

IDEX (NYSE:IEX) and Reliance Steel & Aluminum (NYSE:RS) are both large-cap industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.

IDEX presently has a consensus price target of $235.56, indicating a potential downside of 1.63%. Reliance Steel & Aluminum has a consensus price target of $329.00, indicating a potential upside of 2.75%. Given IDEX's higher probable upside, analysts plainly believe Reliance Steel & Aluminum is more favorable than IDEX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDEX
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Reliance Steel & Aluminum
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Reliance Steel & Aluminum has higher revenue and earnings than IDEX. Reliance Steel & Aluminum is trading at a lower price-to-earnings ratio than IDEX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDEX$3.27B5.53$596.10M$7.8430.54
Reliance Steel & Aluminum$14.81B1.24$1.34B$22.6114.16

In the previous week, IDEX had 5 more articles in the media than Reliance Steel & Aluminum. MarketBeat recorded 20 mentions for IDEX and 15 mentions for Reliance Steel & Aluminum. IDEX's average media sentiment score of 0.82 beat Reliance Steel & Aluminum's score of 0.66 indicating that Reliance Steel & Aluminum is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDEX
8 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Reliance Steel & Aluminum
6 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IDEX pays an annual dividend of $2.56 per share and has a dividend yield of 1.1%. Reliance Steel & Aluminum pays an annual dividend of $4.00 per share and has a dividend yield of 1.2%. IDEX pays out 32.7% of its earnings in the form of a dividend. Reliance Steel & Aluminum pays out 17.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDEX has increased its dividend for 14 consecutive years and Reliance Steel & Aluminum has increased its dividend for 14 consecutive years. Reliance Steel & Aluminum is clearly the better dividend stock, given its higher yield and lower payout ratio.

IDEX has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500. Comparatively, Reliance Steel & Aluminum has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500.

Reliance Steel & Aluminum received 21 more outperform votes than IDEX when rated by MarketBeat users. Likewise, 65.11% of users gave Reliance Steel & Aluminum an outperform vote while only 58.30% of users gave IDEX an outperform vote.

CompanyUnderperformOutperform
IDEXOutperform Votes
453
58.30%
Underperform Votes
324
41.70%
Reliance Steel & AluminumOutperform Votes
474
65.11%
Underperform Votes
254
34.89%

IDEX has a net margin of 18.21% compared to IDEX's net margin of 9.02%. Reliance Steel & Aluminum's return on equity of 18.56% beat IDEX's return on equity.

Company Net Margins Return on Equity Return on Assets
IDEX18.21% 18.56% 10.89%
Reliance Steel & Aluminum 9.02%17.53%12.83%

94.9% of IDEX shares are owned by institutional investors. Comparatively, 80.9% of Reliance Steel & Aluminum shares are owned by institutional investors. 0.5% of IDEX shares are owned by company insiders. Comparatively, 0.6% of Reliance Steel & Aluminum shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Reliance Steel & Aluminum beats IDEX on 11 of the 20 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RS vs. The Competition

MetricReliance Steel & AluminumMetals service centers & offices IndustryIndustrial SectorNYSE Exchange
Market Cap$18.40B$11.24B$9.24B$17.63B
Dividend Yield1.25%2.43%1.99%3.55%
P/E Ratio14.169.8117.6222.39
Price / Sales1.240.487.436.78
Price / Cash11.657.7717.6418.47
Price / Book2.381.243.645.86
Net Income$1.34B$2.40B$466.26M$863.03M
7 Day Performance-1.22%0.23%2.94%1.63%
1 Month Performance10.35%0.79%6.13%3.14%
1 Year Performance21.52%24.13%4.40%94.49%

Reliance Steel & Aluminum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IEX
IDEX
4.3463 of 5 stars
$236.03
0.0%
$235.56
-0.2%
+6.7%$17.85B$3.27B30.118,800Analyst Revision
HUBB
Hubbell
3.0728 of 5 stars
$367.54
-0.6%
$353.00
-4.0%
+54.2%$19.71B$5.37B26.1618,317Short Interest ↑
BALL
Ball
2.6105 of 5 stars
$62.62
+0.4%
$60.27
-3.7%
+14.8%$19.77B$14.03B27.9621,000Analyst Report
AVY
Avery Dennison
4.5875 of 5 stars
$214.13
-0.1%
$218.78
+2.2%
+19.4%$17.24B$8.36B34.4835,000Analyst Upgrade
Insider Selling
AXON
Axon Enterprise
2.7075 of 5 stars
$271.82
+0.1%
$260.82
-4.0%
+43.9%$20.37B$1.19B139.403,734Analyst Downgrade
Analyst Revision
News Coverage
High Trading Volume
CNHI
CNH Industrial
2.5588 of 5 stars
$11.96
-0.4%
$14.99
+25.3%
-27.8%$15.91B$24.69B6.8340,070
TS
Tenaris
2.0288 of 5 stars
$35.99
-0.4%
$41.27
+14.7%
+3.1%$21.24B$14.87B5.4225,292
PKG
Packaging Co. of America
3.6058 of 5 stars
$174.78
+0.4%
$154.67
-11.5%
+27.8%$15.66B$7.80B20.6115,100Dividend Announcement
Insider Selling
News Coverage
NDSN
Nordson
4.1444 of 5 stars
$268.00
-1.1%
$270.43
+0.9%
+20.5%$15.33B$2.63B31.357,900Analyst Report
Analyst Revision
GGG
Graco
3.6576 of 5 stars
$89.57
-0.3%
$84.80
-5.3%
+30.6%$15.06B$2.20B30.474,000Insider Selling
Short Interest ↑

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This page (NYSE:RS) was last updated on 3/3/2024 by MarketBeat.com Staff