Is Reliance Steel Aluminum stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Reliance Steel Aluminum pays dividends. Last time was Friday 6th of December 2024 where the investors holding the stock on Friday 22nd of November 2024 were paid $1.1 per share. Over the last 121 times between 1994 and 2024, Reliance Steel Aluminum has paid $34.631 with an average of $0.29 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Reliance Steel Aluminum 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $116.39, you would have made a profit of $197.14 per share or 169.38%
Yes, the average daily trading liquidity for Reliance Steel Aluminum is $336 912 thousand. You should therefore be able to get in and out of your positions relatively fast.
Reliance Steel Aluminum has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.12, the company's ability to pay off the debt is good. Reliance Steel Aluminum has a good net profit margin of 7.42% and should have high tolerances against inflation.
We have calculated the inflation risk for Reliance Steel Aluminum to be low [0.25 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.