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Reliance Steel (RS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
LOS ANGELES, March 09, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, Chief Executive Officer, Karla Lewis, President, and Arthur Ajemyan, Vice P
After rising more than 95% from its March 2020 lows, at the current price of $139 per share, Reliance Steel & Aluminum Co. stock (NYSE: RS) now looks overvalued. RS stock rallied from $71 to $139 off

Reliance Steel: Share Price In Bubble Territory

09:40am, Tuesday, 02'nd Mar 2021
Reliance Steel: Share Price In Bubble Territory
Reliance Steel (RS) benefits from improved demand in nearly all of the end markets it serves in the fourth quarter.
Reliance Steel & Aluminum Co. (RS) CEO James Hoffman on Q4 2020 Results - Earnings Call Transcript
Reliance Steel (RS) delivered earnings and revenue surprises of 0.50% and 1.47%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- Record annual gross profit margin of 31.5%, record fourth quarter gross profit margin of 33.0% - Annual EPS of $5.66, annual non-GAAP EPS of $7.71, fourth quarter EPS of $2.01 - Strong annual cash f
Reliance Steel (RS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Five stocks with a favorable Zacks Rank are set to beat on earnings this week. These are: TPH, HRI, Rs, TDS and USM.
Reliance Steel (RS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
LOS ANGELES, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report fourth quarter and full year 2020 financial results for the period ended Dece
− Karla Lewis appointed to Board of Directors and promoted to President − Arthur Ajemyan promoted to Vice President, Chief Financial Officer − David Hannah retiring from Board of Directors at 20
Reliance Steel (RS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The industrial sector is gearing up for growth in 2021. ParkerHannifin (PH), Fortune Brands (FBHS), Reliance Steel (RS), Rexnord (RXN) and Colfax (CFX) are performing well and are set to grow.
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