Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, metal processor Reliance Steel & Aluminum (NYSE: RS ) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Reliance Steel's business and see what CAPS investors are saying about the stock right now.
Reliance Steel facts
|Headquarters (founded)||Los Angeles (1939)|
|Market Cap||$4.2 billion|
|Trailing-12-Month Revenue||$8.7 billion|
|Management||Chairman/CEO David Hannah
President/COO Gregg Mollins
|Return on Equity (average, past 3 years)||10.4%|
|Cash/Debt||$93.6 million / $1.5 billion|
|Competitors||Metals USA Holdings
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 571 members who have rated Reliance Steel believe the stock will outperform the S&P 500 going forward.
They continue to expand through acquisitions. In July they acquired Australia-based [Airport Metals]. This purchase was made to enhance the newly formed Bralco Metals business. Stronger volume helped boost the top line and leveraged profits in the first half of 2012. Although pricing has come under some pressure of late, tons sold have risen nicely thanks to high demand for carbon steel, among other products.
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