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ESAB
Price
$125.46
Change
-$0.00 (-0.00%)
Updated
Nov 21 closing price
108 days until earnings call
RS
Price
$319.27
Change
+$2.84 (+0.90%)
Updated
Nov 22 closing price
82 days until earnings call
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ESAB vs RS

Header iconESAB vs RS Comparison
Open Charts ESAB vs RSBanner chart's image
ESAB
Price$125.46
Change-$0.00 (-0.00%)
Volume$370.57K
CapitalizationN/A
Reliance
Price$319.27
Change+$2.84 (+0.90%)
Volume$282.24K
CapitalizationN/A
ESAB vs RS Comparison Chart
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ESAB
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RS
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ESAB vs. RS commentary
Nov 23, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ESAB is a Hold and RS is a Hold.

COMPARISON
Comparison
Nov 23, 2024
Stock price -- (ESAB: $127.54 vs. RS: $319.27)
Brand notoriety: ESAB and RS are both not notable
ESAB represents the Metal Fabrication, while RS is part of the Steel industry
Current volume relative to the 65-day Moving Average: ESAB: 126% vs. RS: 85%
Market capitalization -- ESAB: $7.71B vs. RS: $17.28B
ESAB [@Metal Fabrication] is valued at $7.71B. RS’s [@Steel] market capitalization is $17.28B. The market cap for tickers in the [@Metal Fabrication] industry ranges from $56.71B to $0. The market cap for tickers in the [@Steel] industry ranges from $35.67B to $0. The average market capitalization across the [@Metal Fabrication] industry is $1.74B. The average market capitalization across the [@Steel] industry is $5.06B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ESAB’s FA Score shows that 0 FA rating(s) are green whileRS’s FA Score has 3 green FA rating(s).

  • ESAB’s FA Score: 0 green, 5 red.
  • RS’s FA Score: 3 green, 2 red.
According to our system of comparison, RS is a better buy in the long-term than ESAB.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ESAB’s TA Score shows that 3 TA indicator(s) are bullish while RS’s TA Score has 4 bullish TA indicator(s).

  • ESAB’s TA Score: 3 bullish, 5 bearish.
  • RS’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, ESAB is a better buy in the short-term than RS.

Price Growth

ESAB (@Metal Fabrication) experienced а +2.76% price change this week, while RS (@Steel) price change was +3.20% for the same time period.

The average weekly price growth across all stocks in the @Metal Fabrication industry was +4.01%. For the same industry, the average monthly price growth was +6.42%, and the average quarterly price growth was +9.58%.

The average weekly price growth across all stocks in the @Steel industry was +1.68%. For the same industry, the average monthly price growth was +4.37%, and the average quarterly price growth was -4.35%.

Reported Earning Dates

ESAB is expected to report earnings on Mar 11, 2025.

RS is expected to report earnings on Feb 13, 2025.

Industries' Descriptions

@Metal Fabrication (+4.01% weekly)

The industry is involved in value-added processes including creation of metal structures like machines and parts by cutting, bending and assembling, using various raw materials. A fabrication shop often bids on a project/job, and then builds the product if awarded the contract. Robotics and automation are making their way into the industry apparently to fill in skills gap[s19] . RBC Bearings Incorporated, Timken Company and Valmont Industries, Inc. are some of the largest metal fabrication companies in the U.S.

@Steel (+1.68% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
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FUNDAMENTALS
Fundamentals
RS($17.3B) has a higher market cap than ESAB($7.71B). ESAB has higher P/E ratio than RS: ESAB (28.66) vs RS (17.48). ESAB YTD gains are higher at: 47.557 vs. RS (15.815). RS has higher annual earnings (EBITDA): 1.74B vs. ESAB (520M). ESAB has less debt than RS: ESAB (1.17B) vs RS (1.54B). RS has higher revenues than ESAB: RS (14B) vs ESAB (2.76B).
ESABRSESAB / RS
Capitalization7.71B17.3B45%
EBITDA520M1.74B30%
Gain YTD47.55715.815301%
P/E Ratio28.6617.48164%
Revenue2.76B14B20%
Total Cash254MN/A-
Total Debt1.17B1.54B76%
FUNDAMENTALS RATINGS
RS: Fundamental Ratings
RS
OUTLOOK RATING
1..100
76
VALUATION
overvalued / fair valued / undervalued
1..100
15
Undervalued
PROFIT vs RISK RATING
1..100
6
SMR RATING
1..100
59
PRICE GROWTH RATING
1..100
45
P/E GROWTH RATING
1..100
23
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
ESABRS
RSI
ODDS (%)
Bearish Trend 1 day ago
33%
Bearish Trend 1 day ago
62%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
83%
Bearish Trend 1 day ago
63%
Momentum
ODDS (%)
Bearish Trend 1 day ago
43%
Bearish Trend 1 day ago
62%
MACD
ODDS (%)
Bearish Trend 1 day ago
46%
Bullish Trend 1 day ago
67%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
77%
Bullish Trend 1 day ago
67%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 1 day ago
68%
Advances
ODDS (%)
Bullish Trend 1 day ago
76%
Bullish Trend 1 day ago
68%
Declines
ODDS (%)
Bearish Trend 4 days ago
56%
Bearish Trend 4 days ago
56%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
45%
Bearish Trend 1 day ago
44%
Aroon
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
66%
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ESAB
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ESAB and

Correlation & Price change

A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if ESAB jumps, then MLI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ESAB
1D Price
Change %
ESAB100%
+1.66%
MLI - ESAB
50%
Loosely correlated
-4.14%
IIIN - ESAB
44%
Loosely correlated
+1.20%
NWPX - ESAB
43%
Loosely correlated
+1.96%
RS - ESAB
41%
Loosely correlated
+1.25%
PRLB - ESAB
41%
Loosely correlated
+4.43%
More

RS and

Correlation & Price change

A.I.dvisor indicates that over the last year, RS has been closely correlated with CMC. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if RS jumps, then CMC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RS
1D Price
Change %
RS100%
+1.25%
CMC - RS
71%
Closely correlated
+1.29%
STLD - RS
67%
Closely correlated
-0.96%
NUE - RS
67%
Closely correlated
+1.29%
ZEUS - RS
63%
Loosely correlated
+4.05%
MTUS - RS
58%
Loosely correlated
+3.26%
More