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Canaccord Genuity Group Inc. (CF) Analysts See $0.22 EPS; Reliance Steel & Aluminum Co (RS) Sentiment Is 1.07

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Reliance Steel & Aluminum Co (RS) investors sentiment increased to 1.07 in 2017 Q4. It’s up 0.11, from 0.96 in 2017Q3. The ratio is positive, as 139 investment professionals opened new or increased equity positions, while 130 sold and trimmed equity positions in Reliance Steel & Aluminum Co. The investment professionals in our database now own: 58.59 million shares, down from 59.07 million shares in 2017Q3. Also, the number of investment professionals holding Reliance Steel & Aluminum Co in top ten equity positions increased from 6 to 7 for an increase of 1. Sold All: 30 Reduced: 100 Increased: 97 New Position: 42.

Analysts expect Canaccord Genuity Group Inc. (TSE:CF) to report $0.22 EPS on June, 7.They anticipate $0.05 EPS change or 18.52% from last quarter’s $0.27 EPS. T_CF’s profit would be $20.30 million giving it 7.86 P/E if the $0.22 EPS is correct. After having $0.31 EPS previously, Canaccord Genuity Group Inc.’s analysts see -29.03% EPS growth. The stock increased 3.59% or $0.24 during the last trading session, reaching $6.92. About 128,824 shares traded. Canaccord Genuity Group Inc. (TSE:CF) has 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Canaccord Genuity Group Inc., an independent and full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. The company has market cap of $638.66 million. It operates in two divisions, Canaccord Genuity and Canaccord Genuity Wealth Management. It has a 16.84 P/E ratio. The Canaccord Genuity segment offers investment banking, advisory, sales and research, and trading services.

More news for Canaccord Genuity Group Inc. (TSE:CF) were recently published by: Seekingalpha.com, which released: “CF Industries Holdings: Buy The Structural Advantage” on May 16, 2018. Seekingalpha.com‘s article titled: “Fertilizer producer estimates upped at Stifel, with Nutrien rated a Buy” and published on May 15, 2018 is yet another important article.

Among 4 analysts covering Canaccord Financial Inc. (TSE:CF), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Canaccord Financial Inc. had 17 analyst reports since October 23, 2015 according to SRatingsIntel. As per Friday, November 6, the company rating was maintained by National Bank Canada. On Tuesday, February 9 the stock rating was downgraded by TD Securities to “Hold”. The rating was maintained by Scotia Capital with “Outperform” on Friday, June 3. The rating was upgraded by National Bank Canada on Friday, May 6 to “Outperform”. On Monday, June 5 the stock rating was upgraded by TD Securities to “Buy”. Scotia Capital maintained the stock with “Outperform” rating in Wednesday, November 2 report. Scotia Capital maintained Canaccord Genuity Group Inc. (TSE:CF) on Thursday, March 30 with “Sector Perform” rating. On Friday, February 10 the stock rating was maintained by Scotia Capital with “Outperform”.

More news for Reliance Steel & Aluminum Co. (NYSE:RS) were recently published by: Globenewswire.com, which released: “Report: Exploring Fundamental Drivers Behind Reliance Steel & Aluminum, Goldman Sachs BDC, IBERIABANK …” on May 04, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For April 26, 2018” and published on April 26, 2018 is yet another important article.

Poplar Forest Capital Llc holds 4.54% of its portfolio in Reliance Steel & Aluminum Co. for 663,837 shares. Dowling & Yahnke Llc owns 480,296 shares or 3.72% of their US portfolio. Moreover, Profit Investment Management Llc has 2.95% invested in the company for 44,991 shares. The California-based Cornerstone Capital Inc. has invested 2.72% in the stock. Hahn Capital Management Llc, a California-based fund reported 320,272 shares.

Since January 1, 0001, it had 0 buys, and 7 sales for $5.52 million activity.

Reliance Steel & Aluminum Co. operates as a metals service center company. The company has market cap of $6.96 billion. The firm provides metals processing services and distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. It has a 11.53 P/E ratio. The Company’s primary processing services comprise cutting, leveling, sawing, machining, and electro polishing.

Analysts await Reliance Steel & Aluminum Co. (NYSE:RS) to report earnings on July, 26. They expect $2.67 earnings per share, up 90.71% or $1.27 from last year’s $1.4 per share. RS’s profit will be $193.13 million for 9.00 P/E if the $2.67 EPS becomes a reality. After $2.30 actual earnings per share reported by Reliance Steel & Aluminum Co. for the previous quarter, Wall Street now forecasts 16.09% EPS growth.

Reliance Steel & Aluminum Co. (NYSE:RS) Institutional Positions Chart

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