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Regal Rexnord (RRX)
NYSE:RRX
Regal Rexnord (RRX) Stock Price & Analysis
223 Followers
RRX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$96.52 - $183.02
Previous Close$148.35
Volume313.72K
Average Volume (3M)434.79K
Market Cap
$9.87B
Enterprise Value$15.87B
Total Cash (Recent Filing)$574.00M
Total Debt (Recent Filing)$6.55B
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Jul 31, 2024EPS Estimate
$2.13Last Dividend Ex-Date
Jun 28, 2024Dividend Yield0.94%
Share Statistics
EPS (TTM)-0.48
Shares Outstanding66,518,762
10 Day Avg. Volume436,838
30 Day Avg. Volume434,787
Standard Deviation0.10
R-Squared0.31
Alpha0.00558
Financial Highlights & Ratios
Price to Book (P/B)-2.19
Price to Sales (P/S)1.50
Price to Cash Flow (P/CF)11.70
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.54
Enterprise Value/Gross Profit7.67
Enterprise Value/Ebitda26.46
Forecast
1Y Price Target
$192.86Price Target Upside30.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Regal Rexnord News
Bulls Say, Bears Say
Bulls Say
Business GrowthThe A&D business highlights a notable organic growth story driven by backlog, order intake levels, funnel of opportunities, and build rates of customer platforms.
Customer EngagementThe broader suite of products and solutions grant Regal Rexnord greater wallet share and access with customers, creating opportunities for incremental content on future programs.
Financial PerformanceRRX remains attractive as the company is materially improving its fundamental metrics, with top quartile EPS growth potential.
Bears Say
Estimate UncertaintyEstimate uncertainty and lack of visibility into the viability of estimate reacceleration create a more challenging setup for the time being.
Operational ResultsRRX underperformed in trading (-6.9% vs. +0.1% S&P), driven by mixed 1Q operational results, below-expected 2Q guidance, and above-seasonal 2H24 ramp required to hit maintained organic 2024 guidance.
Sales/Margin GuidanceRRX issued a 2Q24 sales/margin guide that appears prudent as it bakes in a mid-teens organic sales decline in AMC/PES.
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Ownership Overview
2.17% Insiders
49.26% Mutual Funds
23.21% Other Institutional Investors
25.37% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RRX FAQ
What was Regal Rexnord’s price range in the past 12 months?
Regal Rexnord lowest stock price was $96.52 and its highest was $183.02 in the past 12 months.
What is Regal Rexnord’s market cap?
Currently, no data Available
When is Regal Rexnord’s upcoming earnings report date?
Regal Rexnord’s upcoming earnings report date is Jul 31, 2024 which is in 9 days.
How were Regal Rexnord’s earnings last quarter?
Regal Rexnord released its earnings results on May 06, 2024. The company reported $2 earnings per share for the quarter, beating the consensus estimate of $1.984 by $0.016.
Is Regal Rexnord overvalued?
According to Wall Street analysts Regal Rexnord’s price is currently Undervalued.
Does Regal Rexnord pay dividends?
Regal Rexnord pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 0.94%. See more information on Regal Rexnord dividends here
What is Regal Rexnord’s EPS estimate?
Regal Rexnord’s EPS estimate is $2.13.
How many shares outstanding does Regal Rexnord have?
Regal Rexnord has 66,518,760 shares outstanding.
What happened to Regal Rexnord’s price movement after its last earnings report?
Regal Rexnord reported an EPS of $2 in its last earnings report, beating expectations of $1.984. Following the earnings report the stock price went down -6.905%.
Which hedge fund is a major shareholder of Regal Rexnord?
Among the largest hedge funds holding Regal Rexnord’s share is Diamond Hill Capital Management Inc. It holds Regal Rexnord’s shares valued at 535M.
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Regal Rexnord Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$192.86 (30.00% Upside)
$192.86 (30.00% Upside)
Blogger Sentiment
Bullish
RRX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 118.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.36%
12-Months-Change
Fundamentals
Return on Equity
-0.50%
Trailing 12-Months
Asset Growth
-8.91%
Trailing 12-Months
Company Description
Regal Rexnord
Regal Beloit Corp. engages in the manufacture of electric motors, electrical motion controls, power generation, and power transmission products. It operates through the following segments: Commercial and Industrial Systems, Climate Solutions and Power Transmission Solutions. The Commercial and Industrial Systems produces medium and large motors, commercial and industrial equipment, generator, and custom drives and systems. The Climate Solutions segment offers small motors, controls, and air moving solutions serving markets including residential and light commercial HVAC, water heaters and commercial refrigeration. The Power Transmission Solutions segment manufactures, sells, and services belt and chain drives, helical and worm gearing, mounted and unmounted bearings, couplings, modular plastic belts, conveying chains and components, hydraulic pump drives, large open gearing, and specialty mechanical products serving markets including beverage, bulk handling, metals, special machinery, energy, aerospace, and general industrial. The company was founded in 1955 and is headquartered in Beloit, WI.
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RRX Company Deck
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RRX Earnings Call
Q1 2024
0:00 / 0:00
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RRX Stock 12 Month Forecast
Average Price Target
$192.86
▲(30.00% Upside)
Technical Analysis
Best Analysts Covering RRX
1 Year
1 Year Success Rate
27/39 ratings generated profit
1 Year Average Return
+10.34%
reiterated a buy rating last month
Copying Michael Halloran's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +10.34% per trade.
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