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NYSE:RRX

Regal Rexnord (RRX) Stock Price, News & Analysis

$165.79
+2.04 (+1.25%)
(As of 09/18/2024 ET)

About Regal Rexnord Stock (NYSE:RRX)

Key Stats

Today's Range
$161.58
$168.71
50-Day Range
$141.53
$167.90
52-Week Range
$97.18
$183.85
Volume
1.05 million shs
Average Volume
455,924 shs
Market Capitalization
$11.03 billion
P/E Ratio
N/A
Dividend Yield
0.84%
Price Target
$189.83
Consensus Rating
Moderate Buy

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.

Regal Rexnord Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 96th Percentile

Regal Rexnord scored higher than 96% of companies evaluated by MarketBeat, and ranked 16th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Regal Rexnord has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 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.

  • Read more about Regal Rexnord's stock forecast and price target.
  • Earnings Growth

    Earnings for Regal Rexnord are expected to grow by 19.41% in the coming year, from $9.53 to $11.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Regal Rexnord is -345.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Regal Rexnord is -345.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Regal Rexnord has a PEG Ratio of 1.56. 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 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Regal Rexnord's valuation and earnings.
  • Percentage of Shares Shorted

    1.60% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Regal Rexnord has recently increased by 4.95%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Regal Rexnord has a dividend yield of 0.94%, 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 Sustainability

    Based on earnings estimates, Regal Rexnord will have a dividend payout ratio of 12.30% next year. This indicates that Regal Rexnord will be able to sustain or increase its dividend.

  • Read more about Regal Rexnord's dividend.
  • Percentage of Shares Shorted

    1.60% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Regal Rexnord has recently increased by 4.95%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Regal Rexnord has a news sentiment score of 0.77. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Regal Rexnord this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for RRX on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Regal Rexnord to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Regal Rexnord insiders have not sold or bought any 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.

  • Read more about Regal Rexnord's insider trading history.

RRX Stock News Headlines

Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
See More Headlines

RRX Stock Analysis - Frequently Asked Questions

Regal Rexnord's stock was trading at $148.02 at the beginning of 2024. Since then, RRX stock has increased by 12.0% and is now trading at $165.79.
View the best growth stocks for 2024 here
.

Regal Rexnord Co. (NYSE:RRX) issued its quarterly earnings results on Wednesday, July, 31st. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.15. The business's quarterly revenue was down 12.5% on a year-over-year basis.

Top institutional shareholders of Regal Rexnord 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
.

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.

Company Calendar

Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Last Earnings
7/31/2024
Today
9/18/2024
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
+14.5%
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
$6.25 billion
Cash Flow
$19.97 per share
Book Value
$95.93 per share

Miscellaneous

Free Float
65,974,000
Market Cap
$11.03 billion
Optionable
Optionable
Beta
1.04

This page (NYSE:RRX) was last updated on 9/18/2024 by MarketBeat.com Staff
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