Regal Rexnord (NYSE:RRX) Issues FY 2025 Earnings Guidance

Regal Rexnord (NYSE:RRX - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.600-10.400 for the period, compared to the consensus estimate of 10.330. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

RRX has been the topic of a number of research analyst reports. The Goldman Sachs Group raised their price objective on shares of Regal Rexnord from $191.00 to $213.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Barclays lowered their price target on Regal Rexnord from $205.00 to $190.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. StockNews.com cut Regal Rexnord from a "strong-buy" rating to a "buy" rating in a research note on Thursday, January 16th. Robert W. Baird dropped their price target on shares of Regal Rexnord from $223.00 to $208.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Finally, Citigroup reduced their price objective on shares of Regal Rexnord from $210.00 to $190.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $199.50.

Regal Rexnord Stock Down 2.8 %

Regal Rexnord stock traded down $3.94 during trading hours on Friday, hitting $138.93. The company had a trading volume of 920,670 shares, compared to its average volume of 533,582. The firm's fifty day moving average is $159.79 and its 200-day moving average is $162.80. The firm has a market capitalization of $9.20 billion, a P/E ratio of 47.09, a price-to-earnings-growth ratio of 1.38 and a beta of 1.03. Regal Rexnord has a fifty-two week low of $130.94 and a fifty-two week high of $185.28. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.26 and a quick ratio of 1.35.

Regal Rexnord (NYSE:RRX - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.56 by ($0.22). Regal Rexnord had a net margin of 3.25% and a return on equity of 9.57%. On average, research analysts forecast that Regal Rexnord will post 10.32 earnings per share for the current year.

Regal Rexnord Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.01%. Regal Rexnord's dividend payout ratio is currently 47.46%.

About Regal Rexnord

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.