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NYSE:RRX

Regal Rexnord (RRX) Stock Price, News & Analysis

$149.72
-8.68 (-5.48%)
(As of 05/23/2024 ET)
Today's Range
$149.23
$159.23
50-Day Range
$155.95
$182.53
52-Week Range
$97.18
$183.85
Volume
753,158 shs
Average Volume
450,934 shs
Market Capitalization
$9.96 billion
P/E Ratio
N/A
Dividend Yield
0.94%
Price Target
$195.60

Regal Rexnord MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.6% Upside
$195.60 Price Target
Short Interest
Healthy
1.23% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
0.29mentions of Regal Rexnord in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$109,796 Sold Last Quarter
Proj. Earnings Growth
20.85%
From $9.88 to $11.94 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.

4.79 out of 5 stars

Industrial Products Sector

5th out of 160 stocks

General Industrial Machinery, Industry

1st out of 6 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

Critical Contrast: Regal Rexnord (RRX) versus Its Competitors
Regal Rexnord (RRX) & Its Peers Head-To-Head Contrast
Critical Review: Regal Rexnord (RRX) versus Its Rivals
Head to Head Comparison: Regal Rexnord (RRX) versus Its Competitors
Regal Rexnord (RRX) versus The Competition Head-To-Head Survey
Analyzing Regal Rexnord (RRX) and Its Rivals
Regal Rexnord (NYSE:RRX) Downgraded to Hold at StockNews.com
Head-To-Head Review: Regal Rexnord (RRX) versus The Competition
Contrasting Regal Rexnord (RRX) and Its Competitors
Comparing Regal Rexnord (RRX) & The Competition
Regal Rexnord (RRX) and Its Peers Critical Review
Reviewing Regal Rexnord (RRX) & Its Rivals
Financial Contrast: Regal Rexnord (RRX) and Its Competitors
Regal Rexnord (RRX) & Its Rivals Critical Analysis
Financial Contrast: Regal Rexnord (RRX) vs. Its Competitors
Contrasting Regal Rexnord (RRX) & Its Rivals
Contrasting Regal Rexnord (RRX) and Its Rivals
Financial Analysis: Regal Rexnord (RRX) vs. Its Peers
Analyzing Regal Rexnord (RRX) and Its Competitors
Reviewing Regal Rexnord (RRX) & The Competition
See More Headlines
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Company Calendar

Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Last Earnings
5/06/2024
Today
5/23/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$195.60
High Stock Price Target
$210.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+30.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-57,400,000.00
Pretax Margin
0.35%

Debt

Sales & Book Value

Annual Sales
$6.25 billion
Cash Flow
$17.03 per share
Book Value
$94.34 per share

Miscellaneous

Free Float
65,974,000
Market Cap
$9.97 billion
Optionable
Optionable
Beta
1.16
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Key Executives

  • Mr. Louis Vernon Pinkham (Age 53)
    CEO & Director
    Comp: $3.11M
  • Mr. Robert J. Rehard (Age 55)
    Executive VP & CFO
    Comp: $1.48M
  • Mr. Thomas E. Valentyn (Age 65)
    Executive Vice President
    Comp: $1.03M
  • Mr. Jerrald R. Morton (Age 62)
    Executive VP & President of Industrial Powertrain Solutions
    Comp: $940.85k
  • Mr. Kevin J. Zaba (Age 57)
    Executive VP and President of Automation & Motion Control
    Comp: $996.86k
  • Mr. Alexander P. Scarpelli
    Chief Accounting Officer, VP & Corporate Controller
  • Mr. John M. AvampatoMr. John M. Avampato (Age 63)
    VP & Chief Information Officer
    Comp: $491.63k
  • Mr. Robert Douglas Barry
    Vice President of Investor Relations
  • Mr. Hugo Dubovoy Jr.
    Executive VP, General Counsel & Corporate Secretary
  • Ms. Cheryl A. Lewis (Age 54)
    Executive VP & Chief Human Resource Officer

RRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Regal Rexnord stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regal Rexnord in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RRX shares.
View RRX analyst ratings
or view top-rated stocks.

What is Regal Rexnord's stock price target for 2024?

5 Wall Street analysts have issued 12-month price objectives for Regal Rexnord's shares. Their RRX share price targets range from $151.00 to $210.00. On average, they expect the company's share price to reach $195.60 in the next year. This suggests a possible upside of 30.6% from the stock's current price.
View analysts price targets for RRX
or view top-rated stocks among Wall Street analysts.

How have RRX shares performed in 2024?

Regal Rexnord's stock was trading at $148.02 on January 1st, 2024. Since then, RRX stock has increased by 1.2% and is now trading at $149.82.
View the best growth stocks for 2024 here
.

Are investors shorting Regal Rexnord?

Regal Rexnord saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 825,700 shares, a decline of 31.8% from the March 31st total of 1,210,000 shares. Based on an average trading volume of 483,100 shares, the short-interest ratio is presently 1.7 days. Currently, 1.3% of the company's stock are short sold.
View Regal Rexnord's Short Interest
.

When is Regal Rexnord's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our RRX earnings forecast
.

How were Regal Rexnord's earnings last quarter?

Regal Rexnord Co. (NYSE:RRX) released its quarterly earnings results on Monday, May, 6th. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.98 by $0.02. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. Regal Rexnord had a negative net margin of 0.48% and a positive trailing twelve-month return on equity of 9.42%. The business's quarterly revenue was up 26.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.22 earnings per share.

How often does Regal Rexnord pay dividends? What is the dividend yield for Regal Rexnord?

Regal Rexnord declared a quarterly dividend on Monday, April 22nd. Stockholders of record on Friday, June 28th will be paid a dividend of $0.35 per share on Friday, July 12th. This represents a $1.40 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for RRX
.

Is Regal Rexnord a good dividend stock?

Regal Rexnord (NYSE:RRX) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.89%.
Read our dividend analysis for RRX.

What guidance has Regal Rexnord issued on next quarter's earnings?

Regal Rexnord updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of 9.600-10.400 for the period, compared to the consensus estimate of 10.130. The company issued revenue guidance of -.

Who are Regal Rexnord's major shareholders?

Regal Rexnord's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.16%), Capital World Investors (9.92%), Robeco Schweiz AG (1.24%), Clearbridge Investments LLC (1.14%), William Blair Investment Management LLC (0.97%) and Janus Henderson Group PLC (0.84%). Insiders that own company stock include Christopher L Doerr, Curtis W Stoelting, Jerrald R Morton, John Avampato, John C Kunze, Theodore D Crandall and Thomas E Valentyn.
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 5/23/2024 by MarketBeat.com Staff

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