Reliance Steel & Aluminum Co. (RS) is currently priced at $362.9, showing a price increase of $2.04 (0.565%) from the previous close of $360.86. The trading volume is $185,891, representing a 49.43% increase relative to the average.
RS recently reported earnings on Tuesday, April 21st, with a consensus estimate EPS of 4.63.
The company offers a forward dividend yield of 1.38% with a dividend per share MRQ of $1.25, reflecting a year-over-year increase of 9.0909 cents.
BMO Capital maintained a "Market Perform" grade for RS, suggesting a hold position, with the stock priced at $356.69 on the publication date of April 27.
RS recorded a net change in cash of $33.1 million, ending the period with $249.7 million in cash. Operating cash flow stood at $151.4 million, while debt repayment amounted to $-272.3 million.
The company generated $4 billion in revenue, resulting in a gross profit of $1.10 billion. Net income for the period was $266.3 million, translating to an EPS of $5.13.
Key ratios include a net profit margin of 6.61%, return on equity of 3.74%, and a price-to-earnings ratio of 14.73.
RS showcases total assets of $10.81 billion, with total liabilities at $3.68 billion, resulting in a net debt of $1.78 billion.
This comprehensive overview provides insights into RS's financial standing and performance in the current market session.
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 also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. 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 headquartered in Los Angeles, California.