Reliance Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 38 out of 127 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 373.26.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Reliance Inc's Score
Industry at a Glance
Industry Ranking
38 / 127
Overall Ranking
210 / 4570
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive+
Reliance Inc Highlights
StrengthsRisks
Reliance, Inc. is a global-diversified metal solutions provider and the metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. It focuses on small orders with quick turnaround and value-added processing services. The Company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction (including infrastructure and renewable energy), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense and space), energy (oil and natural gas), electronics and semiconductor fabrication, industrial machinery and heavy industry (agricultural, construction and mining equipment). It also services the auto industry, through its toll processing operations.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 28.53%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 28.53%.
Overvalued
The company’s latest PB is 2.68, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.56M shares, decreasing 2.33% quarter-over-quarter.
Reliance, Inc. is a global-diversified metal solutions provider and the metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. It focuses on small orders with quick turnaround and value-added processing services. The Company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction (including infrastructure and renewable energy), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense and space), energy (oil and natural gas), electronics and semiconductor fabrication, industrial machinery and heavy industry (agricultural, construction and mining equipment). It also services the auto industry, through its toll processing operations.