Regal Rexnord (RRX) Expected to Announce Quarterly Earnings on Monday

Regal Rexnord (NYSE:RRX - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $1.82 per share and revenue of $1.38 billion for the quarter. Regal Rexnord has set its FY 2025 guidance at 9.600-10.400 EPS.

Regal Rexnord (NYSE:RRX - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $2.34 EPS for the quarter, missing analysts' consensus estimates of $2.56 by ($0.22). Regal Rexnord had a net margin of 3.25% and a return on equity of 9.57%. On average, analysts expect Regal Rexnord to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Regal Rexnord Stock Down 0.9 %

Shares of RRX traded down $0.98 during midday trading on Wednesday, hitting $105.93. The stock had a trading volume of 696,958 shares, compared to its average volume of 537,817. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.26 and a quick ratio of 1.25. The firm has a market cap of $7.02 billion, a price-to-earnings ratio of 35.91, a price-to-earnings-growth ratio of 1.37 and a beta of 1.09. The company has a 50 day simple moving average of $113.51 and a two-hundred day simple moving average of $145.40. Regal Rexnord has a twelve month low of $90.56 and a twelve month high of $185.28.

Regal Rexnord Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.32%. The ex-dividend date is Monday, June 30th. Regal Rexnord's payout ratio is 47.46%.

Analyst Ratings Changes

RRX has been the topic of several research reports. Oppenheimer cut their target price on Regal Rexnord from $210.00 to $190.00 and set an "outperform" rating on the stock in a research note on Friday, February 7th. The Goldman Sachs Group cut their target price on Regal Rexnord from $183.00 to $163.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. KeyCorp cut their target price on Regal Rexnord from $180.00 to $125.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Barclays cut their target price on Regal Rexnord from $160.00 to $155.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Finally, Citigroup lowered their price target on Regal Rexnord from $170.00 to $110.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $170.75.

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.