Reliance, Inc. (RS)
NYSEMaterialsSteelSnapshot 2026-10-30
$436.91-0.64%
Close 2026-10-30 · 1-day change
NYSEMaterialsSteelSnapshot 2026-10-30
Research Workspace
Put RS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Materials: fringe margins under pressure (0q confirmed)
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Net income rises to at least $264.9M in 2026 Q1: Net income: $402.9M.
View ThesisRevenue growth is accelerating — up about 25% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskRS’s case rests on strong recent performance and accelerating revenue growth, despite mixed earnings quality. Revenue growth rose from 15.5% to 42.8% year over year, with three consecutive earnings beats. RS trades at 20× P/E versus a 16× peer median; expectations look modest versus our view. A 20% next-quarter miss probability and pressure on the net-income pillar threaten the case. The 2026 Q1 net-income threshold was $264.9M; reported net income was $402.9M. Peer multiples imply a price about 15% below where it trades; the thesis is on watch.
Trailing returns as of 2026-10-30. RS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 9 analysts currently covering RS (as of Oct 2026).
Based on 3 Wall Street analysts offering 12-month price targets for RS in the last 4 months.
Continue this research
Compare RS with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| RS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Steel — fair value, gap to price, and forward P/E.
Compare the value case
Put RS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Pursue smart, profitable growth and gain market share
Quarterly earnings beat and 40% profit growth demonstrate strong operating performance and profitable growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $436.91
The last 12 months of price, then the range of analyst 12-month targets from today’s $436.91.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Pursue smart, profitable growth and gain market share
Broad-based business strength and 40% profit growth support profitable growth and market-share objectives.
Advances: Pursue smart, profitable growth and gain market share
Reported 40% quarterly profit growth is meaningful evidence of profitable business performance.
Advances: Increase revenue growth
Q4 EPS outlook signals sustained earnings and growth, with project work extending into 2027.
Advances: Increase revenue growth
Q3 results reportedly beat estimates on record sales, supporting revenue-growth objective.
Advances: Increase revenue growth
EPS and revenue substantially beat estimates, demonstrating strong operating performance.
Potential Jio IPO could improve financial flexibility, though funding needs and execution remain important.
Advances: Increase revenue growth
U.S. discussion of additional Venezuelan crude refining could support refinery throughput and revenue.
