最新ニュース Reliance (NYSE:RS) 株価情報

Reliance

Reliance Steel & Aluminum

Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.

Reliance Inc

RISING SUN BNCRP MARYLAND by Rising Sun Bancorp

RESAAS SERVICES INC ORD by RESAAS Services, Inc.

Resaas Services Inc

Rooshine Inc

Tidal Trust II Return Stacked Bonds & Merger Arbitrage ETF

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REFLECT SCIENTIFIC INC by Reflect Scientific, Inc.

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Rush Rare Metals Corp

Keybanc analyst Philip Gibbs maintains Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) with a Overweight and raises the price target from $321 to $327.

News

Price Target

Analyst Ratings

Keybanc Maintains Overweight on Reliance, Raises Price Target to $327

Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) is looking for Q1 Adj EPS of $3.30-$3.50 vs $3.71 analyst estimate..

Guidance

Reliance Sees Q1 Adj EPS $3.30-$3.50 vs $3.71 Est

Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) reported quarterly earnings of $2.22 per share which missed the analyst consensus estimate of $2.74 by 18.98 percent. This is a 53.07 percent decrease over earnings of $4.73 per share from the same period last year. The company reported quarterly sales of $3.13 billion which beat the analyst consensus estimate of $3.06 billion by 2.19 percent. This is a 6.29 percent decrease over sales of $3.34 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Reliance Q4 Adj $2.22 Misses $2.74 Estimate, Sales $3.13B Beat $3.06B Estimate

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Earnings Scheduled For February 19, 2025

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Shares of steel and aluminum stocks are trading higher after reports President Trump plans additional 25% tariffs on steel and aluminum.

Hedge funds have always been closely watched for cues on investment opportunities. Although their strategies can be complex, understanding the trends they're bullish on can offer important insights for retail investors. 
Siddharth Singhai, CIO of value-based global hedge fund IronHold Capital, recently shared his perspective on sectors worth watching, and how <a href="https://www.benzinga.com/etfs">ETFs can help investors</a> capitalize on these themes. 
From automobiles and homebuilding to mining and AI, here are some ETFs based on his insights:
<h1 class="wp-block-heading">Automobile Industry On Third Gear</h1>
One area drawing attention is the U.S. auto industry. With protectionist policies likely to intensify under the Trump administration, automakers such as General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), and Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) stand to benefit significantly, according to Singhai. 
Possible tariffs on Chinese electric vehicles could set the playing field for these companies, making the U.S. auto sector one to keep a close eye on. 
&#8220;We do anticipate a clear protectionism policy in place for U.S. auto, specifically the big three: General Motors, Ford and Stellantis. Simply because if the tariffs were not put in place against Chinese EVs, U.S. automakers would be at about a 30% to 40% cost disadvantage, which would essentially mean the end of U.S. auto as we know it,&#8221; said Singhai.
However, as a word of caution, he said that one should be wary of auto companies that might face trouble in the face of EV revolution. 
&#8220;We believe U.S. autos and U.S. auto parts suppliers, who have been hit badly due to the excess inventories prevailing in the U.S. auto industry in general, could be a good hunting ground, potentially. Although investors should be focused on auto suppliers that are probably not going to get disrupted by the EV transition,&#8221; Singhai said.
For investors, ETFs like the First Trust S-Network Future Vehicles &amp; Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARZ#NASDAQ">CARZ</a>) offer exposure to the expected surge in domestic automotive manufacturing. The ETF has an expense ratio of 0.7% and among its holdings are Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Ford, General Motors and Stellantis.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43236579/chinas-deepseek-ai-rattles-tech-stocks">China&#8217;s DeepSeek AI Rattles Tech Stocks, Analyst Ives Says Market Plunge &#8216;Golden Buying Opportunity&#8217;</a>
<h1 class="wp-block-heading">Home Building Industry In Focus</h1>
Homebuilders are another promising area, according to Singhai. Despite overvaluation concerns in the equity market, the housing sector continues to experience a significant supply-demand imbalance. Years of undersupply following the 2008 financial crisis created the opportunity for select homebuilding companies to thrive.
&#8220;U.S. market is extremely overvalued at the moment, and there are not that many sectors that could be happy hunting grounds for hedge funds or value investors like us. In general, homebuilders, some of them, seem to be still attractively positioned given the great imbalance between supply and demand, mainly because of years of undersupply post-Great Recession in 2008-&#8217;09. So we believe homebuilders, some of them, present very compelling opportunities,&#8221; Singhai noted.
Investors interested in this space might consider ETFs such as the iShares U.S. Home Construction ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITB#BATS">ITB</a>), which focuses on leading players in the sector, such as Builders Firstsource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) and Lowes Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>). The expense ratio that this ETF carries is 0.39%.
<h1 class="wp-block-heading">Mining — Hidden Gems To Look For</h1>
Mining is another area that stands out. Many companies in this space, especially low-cost producers, are undervalued and largely overlooked by the market. These firms could see strong performance with a rebound in global demand for raw materials.
&#8220;Mining companies also seem to be hit badly and ignored by investors. You could find some really good mining companies that are the lowest cost producers in their respective industries that could prove to be high performers over the next two to three years,&#8221; Singhai noted from his expertise.
ETFs such as the SPDR S&amp;P Metals and Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>) invest in a range of mining companies and could be a good fit for investors looking to capture growth in this area. The ETF carries an expense ratio of 0.35% and holdings in Hecla Mining Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) and Reliance Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>), among others.
<h1 class="wp-block-heading">AI Trends To Watch</h1>
Singhai also touched upon the continued interest in semiconductors and AI. While these industries are undeniably buzzing, he warns against impulsive investing. Many companies in this space are trading at lofty valuations that may not be sustainable. 
&#8220;I do foresee a lot of hedge funds diving right into semiconductors and AI stocks. I also believe more retail investors will seriously consider allocating capital to this particular sector moving forward as well. However, it is ripe with extreme bubble-like valuations. The marquee names in the AI industry are trading for as high as 20 to 50 times revenue, which to us seems excessive even given the promise of AI,&#8221; he said.
Singhai also added, &#8220;Not all AI companies can capture 50% of the market or even 30% of the market, and if they fail to do so, they cannot foreseeably justify their current valuations. This leads us to the ultimate conclusion that there will be a few big winners and many, many losers within the industry. As such, most AI companies do not deserve their expensive, hefty valuations.&#8221;
For those interested in exploring the AI-driven growth story, a diversified ETF like the VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) offers exposure to leading players like NVDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Broadcom Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) while mitigating the risks of betting on individual stocks. And the cost of investing in this ETF is also reasonable at 0.35%.
All that said, Singhai emphasized the route of ETFs should be seen as tools for diversification and steady returns — not as a shortcut to mimicking hedge fund performance. It will be wise for retail investors to focus on sectors with solid fundamentals rather than on speculative trends.
See Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/01/43198940/how-foliobeyonds-innovative-fixed-income-etf-can-provide-low-risk-income-generation-in-volatile-tim">How FolioBeyond&#8217;s Innovative Fixed Income ETF Can Provide Low-Risk Income Generation In Volatile Times</a></li>
</ul>
Photo: Shutterstock

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Broad U.S. Equity ETFs

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iShares Dow Jones US Homenstruction Index Fund

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IronHold Capital CIO Reveals Trends Hedge Funds Track: 4 ETFs To Watch

Keybanc analyst Philip Gibbs maintains Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) with a Overweight and lowers the price target from $325 to $321.

Keybanc Maintains Overweight on Reliance, Lowers Price Target to $321

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Shares of stocks in the broader metals and mining sector are trading higher in possible sympathy with Rio Tinto and Glencore who announced discussions regarding a potential merger, the largest in mining industry history.

Shares of stocks in the broader metals and mining sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Disclosed on December 3, Karla R Lewis, President at Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Lewis's decision to sell 3,892 shares of Reliance was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000861884/000106299324019986//Archives/edgar/data/861884/000106299324019986/0001062993-24-019986-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $1,260,603.
Tracking the Wednesday's morning session, Reliance shares are trading at $325.1, showing a up of 2.45%.
<h3>Delving into Reliance's Background</h3>
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
<h3>Key Indicators: Reliance's Financial Health</h3>
Revenue Challenges: Reliance's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -5.59%. This indicates a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 29.42%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Reliance's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.64.
</li>
</ul>
Debt Management: Reliance's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.21.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 17.37 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.29 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Reliance's EV/EBITDA ratio stands at 10.58, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Cracking Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000861884">Check Out The Full List Of Reliance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Reliance Insider Trades Send A Signal

Goldman Sachs analyst Mike Harris initiates coverage on Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) with a Neutral rating and announces Price Target of $341.

Initiation

Goldman Sachs Initiates Coverage On Reliance with Neutral Rating, Announces Price Target of $341

It was reported on November 7, that Arthur Ajemyan, SVP at Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Ajemyan's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000861884/000106299324018631//Archives/edgar/data/861884/000106299324018631/0001062993-24-018631-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled the sale of 6,332 shares of Reliance. The total transaction value is $2,014,722.
In the Friday's morning session, Reliance's shares are currently trading at $321.03, experiencing a down of 0.0%.
<h3>All You Need to Know About Reliance</h3>
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
<h3>Reliance: A Financial Overview</h3>
Revenue Challenges: Reliance's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -5.59%. This indicates a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 29.42%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Reliance's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 3.64.
</li>
</ul>
Debt Management: Reliance's debt-to-equity ratio is below the industry average. With a ratio of 0.21, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 17.57, Reliance's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 1.31, Reliance's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 10.69, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Delving Into the Significance of Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000861884">Check Out The Full List Of Reliance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Reliance Recent Insider Activity

On November 7, a recent SEC filing unveiled that William A. Smith II, SVP at Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) made an insider sell.
What Happened: II opted to sell 6,500 shares of Reliance, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000861884/000106299324018632//Archives/edgar/data/861884/000106299324018632/0001062993-24-018632-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $2,091,114.
Reliance's shares are actively trading at $321.03, experiencing a down of 0.0% during Friday's morning session.
<h3>Discovering Reliance: A Closer Look</h3>
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
<h3>Financial Milestones: Reliance's Journey</h3>
Revenue Growth: Reliance's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -5.59%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 29.42%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Reliance's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.64.
</li>
</ul>
Debt Management: Reliance's debt-to-equity ratio is below the industry average at 0.21, reflecting a lower dependency on debt financing and a more conservative financial approach.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: Reliance's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 17.57.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 1.31 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Reliance's EV/EBITDA ratio of 10.69 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000861884">Check Out The Full List Of Reliance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SVP At Reliance Sells $2.09M Of Stock

Mark V Kaminski, Board Member at Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>), executed a substantial insider sell on October 30, according to an SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000861884/000106299324018132//Archives/edgar/data/861884/000106299324018132/0001062993-24-018132-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that Kaminski executed a sale of 6,810 shares of Reliance with a total value of $2,029,448.
Reliance's shares are actively trading at $295.0, experiencing a up of 0.22% during Thursday's morning session.
<h3>About Reliance</h3>
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
<h3>Reliance's Financial Performance</h3>
Negative Revenue Trend: Examining Reliance's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -6.12% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 29.42%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Reliance's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 3.64.
</li>
</ul>
Debt Management: Reliance's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.21.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: Reliance's P/E ratio of 15.85 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 1.18, Reliance's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Reliance's EV/EBITDA ratio stands at 9.71, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
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<h3>Exploring the Significance of Insider Trading</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000861884">Check Out The Full List Of Reliance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Massive Insider Trade At Reliance

Reliance shares are trading lower after BMO Capital cut its price target on the stock from $340 to $330.

BMO Capital analyst Katja Jancic maintains Reliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RS#NYSE">RS</a>) with a Outperform and lowers the price target from $340 to $330.

BMO Capital Maintains Outperform on Reliance, Lowers Price Target to $330

Reliance shares are trading higher after the company reported better-than-expected Q3 revenue results.

Reliance Expects Q4 Adj EPS of $2.65 - $2.85 Vs $3.40 Est

Press Releases

Reliance, Inc. Reports Second Quarter 2024 Financial Results

Reliance, Inc. to Ring the Closing Bell at the New York Stock Exchange to Commemorate its 30th Anniversary as a Public Company

Financing

Reliance, Inc. Announces Amended and Restated $1.5 Billion Credit Facility

Management

Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W. Stotlar as Chairman of the Board

Reliance, Inc. to Announce Third Quarter 2024 Results on Thursday, October 24th

Reliance, Inc. Reports Third Quarter 2024 Financial Results

Reliance, Inc. Announces Participation at the Baird 2024 Global Industrial Conference

Reliance, Inc. to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 19th

Reliance, Inc. Announces Upcoming Conference Participation

Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

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