ESAB
Price
$131.88
Change
-$1.23 (-0.92%)
Updated
Nov 7, 03:19 PM (EDT)
124 days until earnings call
RS
Price
$319.87
Change
-$6.46 (-1.98%)
Updated
Nov 7, 03:35 PM (EDT)
98 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$131.88
Change-$1.23 (-0.92%)
Volume$100
CapitalizationN/A
Reliance
Price$319.87
Change-$6.46 (-1.98%)
Volume$200
CapitalizationN/A
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ESAB vs RS Comparison Chart
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ESAB
Daily Signalchanged days ago
Gain/Loss if shorted
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RS
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ESAB vs. RS commentary
Nov 07, 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 Buy and RS is a Buy.

COMPARISON
Comparison
Nov 07, 2024
Stock price -- (ESAB: $133.11 vs. RS: $326.32)
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: 183% vs. RS: 207%
Market capitalization -- ESAB: $8.05B vs. RS: $17.66B
ESAB [@Metal Fabrication] is valued at $8.05B. RS’s [@Steel] market capitalization is $17.66B. 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 $39.39B to $0. The average market capitalization across the [@Metal Fabrication] industry is $1.78B. The average market capitalization across the [@Steel] industry is $5.3B.

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 4 TA indicator(s) are bullish while RS’s TA Score has 6 bullish TA indicator(s).

  • ESAB’s TA Score: 4 bullish, 4 bearish.
  • RS’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, RS is a better buy in the short-term than ESAB.

Price Growth

ESAB (@Metal Fabrication) experienced а +6.12% price change this week, while RS (@Steel) price change was +12.68% for the same time period.

The average weekly price growth across all stocks in the @Metal Fabrication industry was +6.28%. For the same industry, the average monthly price growth was +5.39%, and the average quarterly price growth was +0.47%.

The average weekly price growth across all stocks in the @Steel industry was +4.25%. For the same industry, the average monthly price growth was +14.95%, and the average quarterly price growth was -4.27%.

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 (+6.28% 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 (+4.25% 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($17.7B) has a higher market cap than ESAB($8.05B). ESAB has higher P/E ratio than RS: ESAB (28.47) vs RS (17.86). ESAB YTD gains are higher at: 54.001 vs. RS (17.961). RS has higher annual earnings (EBITDA): 1.74B vs. ESAB (520M). RS has more cash in the bank: 315M vs. ESAB (254M). 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
Capitalization8.05B17.7B45%
EBITDA520M1.74B30%
Gain YTD54.00117.961301%
P/E Ratio28.4717.86159%
Revenue2.76B14B20%
Total Cash254M315M81%
Total Debt1.17B1.54B76%
FUNDAMENTALS RATINGS
RS: Fundamental Ratings
RS
OUTLOOK RATING
1..100
78
VALUATION
overvalued / fair valued / undervalued
1..100
14
Undervalued
PROFIT vs RISK RATING
1..100
5
SMR RATING
1..100
60
PRICE GROWTH RATING
1..100
52
P/E GROWTH RATING
1..100
21
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 2 days ago
24%
Bearish Trend 2 days ago
71%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
41%
Bullish Trend 2 days ago
63%
Momentum
ODDS (%)
Bullish Trend 2 days ago
71%
Bullish Trend 2 days ago
69%
MACD
ODDS (%)
Bullish Trend 2 days ago
68%
Bullish Trend 2 days ago
66%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
77%
Bullish Trend 2 days ago
67%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
79%
Bullish Trend 2 days ago
66%
Advances
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
68%
Declines
ODDS (%)
Bearish Trend 8 days ago
57%
Bearish Trend 8 days ago
55%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
35%
Bearish Trend 2 days ago
57%
Aroon
ODDS (%)
Bullish Trend 2 days ago
79%
Bullish Trend 2 days ago
67%
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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 47% 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%
+5.06%
MLI - ESAB
47%
Loosely correlated
+12.12%
IIIN - ESAB
43%
Loosely correlated
+8.22%
RS - ESAB
41%
Loosely correlated
+11.87%
PRLB - ESAB
41%
Loosely correlated
+12.24%
NWPX - ESAB
41%
Loosely correlated
+1.84%
More

RS and

Correlation & Price change

A.I.dvisor indicates that over the last year, RS has been loosely correlated with CMC. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some 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%
+11.87%
CMC - RS
64%
Loosely correlated
+13.72%
STLD - RS
61%
Loosely correlated
+13.73%
NUE - RS
59%
Loosely correlated
+15.99%
ZEUS - RS
58%
Loosely correlated
+11.29%
MTUS - RS
53%
Loosely correlated
+10.98%
More