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Regal Rexnord (RRX) Stock Price, News & Analysis

$149.00
-2.98 (-1.96%)
(As of 09/6/2024 ET)
Today's Range
$148.51
$154.19
50-Day Range
$132.13
$167.90
52-Week Range
$97.18
$183.85
Volume
487,396 shs
Average Volume
453,645 shs
Market Capitalization
$9.91 billion
P/E Ratio
N/A
Dividend Yield
0.94%
Price Target
$189.83

Regal Rexnord MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
27.4% Upside
$189.83 Price Target
Short Interest
Healthy
1.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
1.60mentions of Regal Rexnord in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.41%
From $9.53 to $11.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.87 out of 5 stars

Industrial Products Sector

6th out of 165 stocks

General Industrial Machinery, Industry

1st out of 8 stocks

RRX stock logo

About Regal Rexnord Stock (NYSE:RRX)

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets. The Power Efficiency Solutions segment offers AC and DC motors, electronic variable speed controls, and blowers for residential, commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, agriculture, conveying, and general commercial equipment markets. The Automation and Motion Control segment provides conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solutions, high-efficiency miniature motors, motion controls, automation transfer switches, and switchgear for industrial applications and automation systems for material handling, aerospace and defense, factory automation, data centers, medical device, packaging, printing, semiconductor, robotic, industrial power tool, mobile off-highway, food and beverage processing, and other applications. The Industrial Systems segment offers integral motors, alternators, and aftermarket parts and kits for agriculture, marine, mining, oil and gas, food and beverage, data centers, prime and standby power, and general industrial equipment markets. It sells its products directly to original equipment manufacturers, distributors, and end-users. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is based in Milwaukee, Wisconsin.

RRX Stock Price History

RRX Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Oppenheimer Keeps Their Buy Rating on Regal Rexnord (RRX)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Regal Rexnord (NYSE:RRX) Exceeds Q2 Expectations
Regal Rexnord: Q2 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Last Earnings
7/31/2024
Today
9/07/2024
Ex-Dividend for 10/11 Dividend
9/27/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
Electrical Equipment
Employees
32,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$189.83
High Stock Price Target
$213.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-57,400,000.00
Pretax Margin
1.21%

Debt

Sales & Book Value

Annual Sales
$6.35 billion
Cash Flow
$15.92 per share
Book Value
$95.93 per share

Miscellaneous

Free Float
65,974,000
Market Cap
$9.91 billion
Optionable
Optionable
Beta
1.04
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Key Executives


RRX Stock Analysis - Frequently Asked Questions

How have RRX shares performed this year?

Regal Rexnord's stock was trading at $148.02 at the beginning of 2024. Since then, RRX stock has increased by 0.7% and is now trading at $149.00.
View the best growth stocks for 2024 here
.

How were Regal Rexnord's earnings last quarter?

Regal Rexnord Co. (NYSE:RRX) issued its quarterly earnings data on Wednesday, July, 31st. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.15. The company's revenue for the quarter was down 12.5% compared to the same quarter last year.

Who are Regal Rexnord's major shareholders?

Regal Rexnord's top institutional shareholders include Diamond Hill Capital Management Inc. (4.78%), Massachusetts Financial Services Co. MA (4.25%), Victory Capital Management Inc. (2.83%) and Dimensional Fund Advisors LP (2.14%). Insiders that own company stock include Thomas E Valentyn, Jerrald R Morton, John Avampato, John C Kunze, Theodore D Crandall, Curtis W Stoelting and Christopher L Doerr.
View institutional ownership trends
.

How do I buy shares of Regal Rexnord?

Shares of RRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RRX) was last updated on 9/7/2024 by MarketBeat.com Staff

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