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 superior business? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, community ranking, valuation, profitability, risk, dividends, earnings and analyst recommendations.
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 presently has a consensus price target of $362.33, suggesting a potential upside of 21.50%. Nucor has a consensus price target of $192.75, suggesting a potential upside of 15.62%. Given Reliance's stronger consensus rating and higher possible upside, equities analysts plainly believe Reliance is more favorable than Nucor.
Reliance has a beta of 0.92, suggesting that its share price is 8% less volatile than the S&P 500. Comparatively, Nucor has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500.
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.
In the previous week, Reliance had 15 more articles in the media than Nucor. MarketBeat recorded 19 mentions for Reliance and 4 mentions for Nucor. Nucor's average media sentiment score of 1.29 beat Reliance's score of 0.41 indicating that Nucor is being referred to more favorably in the news media.
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 company insiders. Comparatively, 0.5% of Nucor shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
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.
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.
Summary
Reliance and Nucor tied by winning 10 of the 20 factors compared between the two stocks.
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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