RS vs. NUE, STLD, X, CLF, ATI, CMC, CRS, WOR, HAYN, and ZEUS
Should you be buying Reliance stock or one of its competitors? The main competitors of Reliance include Nucor (NUE), Steel Dynamics (STLD), United States Steel (X), Cleveland-Cliffs (CLF), ATI (ATI), Commercial Metals (CMC), Carpenter Technology (CRS), Worthington Enterprises (WOR), Haynes International (HAYN), and Olympic Steel (ZEUS). These companies are all part of the "steel" industry.
Reliance (NYSE:RS) and Nucor (NYSE:NUE) are both large-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their dividends, community ranking, risk, institutional ownership, profitability, valuation, earnings, media sentiment and analyst recommendations.
Nucor has higher revenue and earnings than Reliance. Nucor is trading at a lower price-to-earnings ratio than Reliance, indicating that it is currently the more affordable of the two stocks.
Nucor received 202 more outperform votes than Reliance when rated by MarketBeat users. However, 64.94% of users gave Reliance an outperform vote while only 64.39% of users gave Nucor an outperform vote.
Reliance currently has a consensus price target of $362.33, suggesting a potential upside of 26.27%. Nucor has a consensus price target of $192.75, suggesting a potential upside of 19.72%. Given Reliance's stronger consensus rating and higher probable upside, equities analysts plainly believe Reliance is more favorable than Nucor.
Reliance pays an annual dividend of $4.40 per share and has a dividend yield of 1.5%. Nucor pays an annual dividend of $2.16 per share and has a dividend yield of 1.3%. Reliance pays out 20.6% of its earnings in the form of a dividend. Nucor pays out 12.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
79.3% of Reliance shares are owned by institutional investors. Comparatively, 76.5% of Nucor shares are owned by institutional investors. 0.7% of Reliance shares are owned by insiders. Comparatively, 0.6% of Nucor shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, Nucor had 4 more articles in the media than Reliance. MarketBeat recorded 14 mentions for Nucor and 10 mentions for Reliance. Reliance's average media sentiment score of 1.29 beat Nucor's score of 1.01 indicating that Reliance is being referred to more favorably in the media.
Nucor has a net margin of 12.40% compared to Reliance's net margin of 8.67%. Nucor's return on equity of 19.62% beat Reliance's return on equity.
Reliance has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500. Comparatively, Nucor has a beta of 1.6, suggesting that its share price is 60% more volatile than the S&P 500.
Summary
Reliance and Nucor tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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