Regal Rexnord (RRX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $154.95 to $159.17
• 50-Day Range: $155.96 to $182.22
• 52-Week Range: $130.94 to $185.28
• Volume: 1.00 million shs
• Average Volume: 456,736 shs
• Market Capitalization: $10.33 billion
• P/E Ratio: 49.20
• Dividend Yield: 0.90%
• Price Target: $205.13
• Consensus Rating: Moderate Buy

Regal Rexnord Stock Analysis - MarketRank™

Regal Rexnord scored higher than 99% of companies evaluated by MarketBeat, and ranked 1st out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Regal Rexnord has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Regal Rexnord has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.55%

Earnings Growth

Earnings for Regal Rexnord are expected to grow by 12.55% in the coming year, from $9.24 to $10.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Regal Rexnord is 49.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Regal Rexnord is 49.20, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

Price to Earnings Growth Ratio

Regal Rexnord has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Regal Rexnord has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.76% of the float of Regal Rexnord has been sold short.

Short Interest Ratio / Days to Cover

Regal Rexnord has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Regal Rexnord has recently decreased by 10.77%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Regal Rexnord has a dividend yield of 0.83%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Regal Rexnord has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of Regal Rexnord is 44.16%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Regal Rexnord will have a dividend payout ratio of 13.46% next year. This indicates that Regal Rexnord will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.96

Percentage of Shares Shorted

1.76% of the float of Regal Rexnord has been sold short.

Short Interest Ratio / Days to Cover

Regal Rexnord has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Regal Rexnord has recently decreased by 10.77%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.85

News Sentiment

Regal Rexnord has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Regal Rexnord this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for RRX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Regal Rexnord to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Regal Rexnord insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,579,583.00 in company stock.

Percentage Held by Insiders

Only 0.82% of the stock of Regal Rexnord is held by insiders.

Percentage Held by Institutions

99.72% of the stock of Regal Rexnord is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 5.4% and is now trading at $155.96.
View the best growth stocks for 2024 here.

How were Regal Rexnord's earnings last quarter?

Regal Rexnord Co. (NYSE:RRX) issued its earnings results on Monday, November, 4th. The company reported $2.49 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.01. The company's revenue for the quarter was down 10.4% on a year-over-year basis.

Who are Regal Rexnord's major shareholders?

Regal Rexnord's top institutional shareholders include FMR LLC (9.09%), Diamond Hill Capital Management Inc. (4.76%), Massachusetts Financial Services Co. MA (4.24%) and State Street Corp (2.98%). Insiders that own company stock include Louis V Pinkham, 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.

What other stocks do shareholders of Regal Rexnord own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Regal Rexnord investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/27/2024
• Dividend Payable: 10/11/2024
• Last Earnings: 11/04/2024
• Today: 12/20/2024
• Ex-Dividend for 1/14 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/14/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: General industrial machinery,
• Sub-Industry: Electrical Equipment
• Current Symbol: NYSE:RRX
• CUSIP: N/A
• CIK: 82811
• Web: www.regalbeloit.com
• Phone: (608) 364-8800
• Fax: 608-364-8816
• Employees: 32,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $205.13
• High Stock Price Target: $215.00
• Low Stock Price Target: $190.00
• Potential Upside/Downside: +31.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.17
• Trailing P/E Ratio: 49.20
• Forward P/E Ratio: 16.88
• P/E Growth: 1.83
• Net Income: $-57,400,000.00
• Net Margins: 3.41%
• Pretax Margin: 4.59%
• Return on Equity: 9.48%
• Return on Assets: 4.05%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 2.45
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $6.18 billion
• Price / Sales: 1.67
• Cash Flow: $16.56 per share
• Price / Cash Flow: 9.42
• Book Value: $95.93 per share
• Price / Book: 1.63

Miscellaneous

• Outstanding Shares: 66,228,000
• Free Float: 65,685,000
• Market Cap: $10.33 billion
• Optionable: Optionable
• Beta: 1.03