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

Regal Rexnord (NYSE:RRX - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 9.600-10.400 for the period, compared to the consensus estimate of 9.650. The company issued revenue guidance of -.

Regal Rexnord Trading Up 1.6 %

RRX traded up $2.05 during midday trading on Friday, hitting $134.24. The company's stock had a trading volume of 981,133 shares, compared to its average volume of 557,182. The firm has a market cap of $8.90 billion, a P/E ratio of 45.51, a PEG ratio of 1.37 and a beta of 1.11. Regal Rexnord has a 52-week low of $90.56 and a 52-week high of $185.28. The company has a current ratio of 2.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The firm has a 50-day moving average price of $111.89 and a two-hundred day moving average price of $142.36.

Regal Rexnord (NYSE:RRX - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.82 by $0.33. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.38 billion. Regal Rexnord had a net margin of 3.25% and a return on equity of 9.57%. Regal Rexnord's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.00 earnings per share. On average, research analysts anticipate that Regal Rexnord will post 9.95 earnings per share for the current year.

Regal Rexnord Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Investors of record on Monday, June 30th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Monday, June 30th. Regal Rexnord's payout ratio is currently 39.89%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on RRX. Robert W. Baird raised their price objective on Regal Rexnord from $167.00 to $172.00 and gave the stock an "outperform" rating in a report on Wednesday. StockNews.com downgraded shares of Regal Rexnord from a "buy" rating to a "hold" rating in a research note on Wednesday, April 16th. Citigroup increased their price objective on shares of Regal Rexnord from $110.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday. The Goldman Sachs Group reduced their target price on shares of Regal Rexnord from $183.00 to $163.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Finally, Barclays lowered their price target on Regal Rexnord from $160.00 to $155.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $170.63.

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.