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 30th of August 2024 where the investors holding the stock on Friday 16th of August 2024 were paid $1.1 per share. Over the last 120 times between 1994 and 2024, Reliance Steel & Aluminum has paid $33.531 with an average of $0.28 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 Monday 9th of September 2019 when the price was $100.38, you would have made a profit of $172.31 per share or 171.66%
Yes, the average daily trading liquidity for Reliance Steel & Aluminum is $395 987 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 1.18, the company's ability to pay off the debt is good. Reliance Steel & Aluminum has a good net profit margin of 8.67% 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 July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.