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US Infrastructure Spending Will Boost Specialty Steel Demand

Published
21 Aug 24
Updated
04 Sep 25
AnalystConsensusTarget's Fair Value
US$329.13
14.7% undervalued intrinsic discount
10 Sep
US$280.83
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1Y
-3.1%
7D
-0.8%

Author's Valuation

US$329.1314.7% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on04 Sep 25
Fair value Increased 0.91%

With no substantive changes to either revenue growth forecasts (3.7% p.a.) or the discount rate (7.51%), Reliance’s consensus analyst price target remained effectively unchanged at $326.14. What's in the News Reliance is actively seeking acquisition opportunities to expand its geographic footprint and value-added metal processing solutions, emphasizing disciplined, profitable growth.

Shared on07 May 25
Fair value Decreased 2.17%

Shared on30 Apr 25
Fair value Increased 3.55%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on16 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 0.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Decreased 0.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Decreased 20%

AnalystConsensusTarget has increased revenue growth from 0.9% to 4.1% and decreased future PE multiple from 24.3x to 18.6x.