Reliance, Inc. (RS)
NYSEMaterialsSteelSnapshot 2026-11-05
$414.04-6.32%
Close 2026-11-05 · 1-day change
NYSEMaterialsSteelSnapshot 2026-11-05
QuarterlyIQ Insights · RS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 9.7% |
| Our one-year growth estimate | diamond | 5.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 4.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 9 industry peers · Company calendar date is not available
RS — earnings miss
Dated 2026-02-18
Results of Operations and Financial Condition. On February 18, 2026, the Company issued a press release announcing financial results for the quarter ended December 31, 2025. Attached hereto as Exhibit 99.1 is a copy of the Company’s press release dated February 18, 2026 announcing the Company’s financial results for this period. The information contained in this report and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amen…
Why it matters: Higher shipments and metal prices tied up cash in working capital. Cash from operations fell 19% year over year in Q3.
Worry ifQ4 cash from operations falls below $180 million, less than Q3's $212 million.
Less concerning ifQ4 cash from operations reaches at least $212 million, matching or beating Q3.
Why it matters: The AMI contract starts in January 2027 and allows higher average volumes than prior targets. A timely start would add defense work.
Supportive ifAMI reports that shipments under the renewed Joint Strike Fighter contract begin in January 2027. Volumes meet or exceed prior targets.
Worry ifAMI reports the start is delayed beyond January 2027, or planned volumes fall below prior targets.
Why it matters: The project added $0.74 per share in Q3. Its ramp has lifted sales, but its product mix also lowers gross margin.
Watch forQ4 results show border wall shipments near management's Q3 outlook, with project earnings at or above $0.74 per share.
Also watch forQ4 results show a clear project slowdown, or project earnings fall below $0.60 per share.
Why it matters: The sector data says revenue has been shrinking, though recent signs point to a possible turn. Positive growth would support the change.
Supportive ifThe sector's three-year revenue growth turns above 0%.
Worry ifThe sector's three-year revenue growth stays at or below 0%.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$95 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $256 loss on $10,000 · 2.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,904 loss on $10,000 · 19.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.