NYSE:RBC - Regal Beloit Stock Price, Price Target & More

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$80.65 -1.25 (-1.53 %)
(As of 06/22/2018 08:56 AM ET)
Previous Close$81.90
Today's Range$80.00 - $81.75
52-Week Range$67.84 - $87.50
Volume193,900 shs
Average Volume203,803 shs
Market Capitalization$3.60 billion
P/E Ratio16.56
Dividend Yield1.27%
Beta1.46
Regal Beloit logoRegal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and power transmission products worldwide. It operates through three segments: Commercial and Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial and Industrial Systems segment provides AC and DC motors, and controls; motors, electronic variable speed controls, and blowers; and starters, contactors, relays, variable frequency drives, and integrated solutions of components. This segment also offers precision stator and rotor kits; hazardous duty motors; and electric generators, automatic transfer switches, power generation and distribution switch gears, and components and system controls. It serves commercial heating, ventilation, and air conditioning (HVAC); pool and spa; standby and critical power; and oil and gas system markets. The Climate Solutions segment offers motors, electronic variable speed controls, and blowers, as well as capacitors, precision stators, and rotor sets for residential and light commercial HVAC, water heaters, and commercial refrigeration markets. The Power Transmission Solutions segment provides mounted and unmounted bearings; conveyor products; disc products, patented diaphragms, gear couplings, couplings and transmission elements, gears, grids, jaws, elastomers, and joints; mechanical power transmission drives, components, and bearings; and worm gearing, shaft mount reducer, helical concentric and right angle, bevel and miter gearing, center pivot gearing, and open gearing products. It serves beverage, bulk handling, metals, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly, as well as through independent sales representatives and distributors. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.

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Industry, Sector and Symbol

Industry Motors & generators
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
SymbolNYSE:RBC
CUSIP75875010
Webwww.regalbeloit.com
Phone608-364-8800

Debt

Debt-to-Equity Ratio0.45
Current Ratio2.36
Quick Ratio1.27

Price-To-Earnings

Trailing P/E Ratio16.56
Forward P/E Ratio13.72
P/E Growth1.39

Sales & Book Value

Annual Sales$3.36 billion
Price / Sales1.06
Cash Flow$7.9146 per share
Price / Cash10.19
Book Value$53.15 per share
Price / Book1.52

Profitability

EPS (Most Recent Fiscal Year)$4.87
Net Income$213 million
Net Margins6.57%
Return on Equity9.87%
Return on Assets5.16%

Miscellaneous

Employees23,600
Outstanding Shares43,980,000

Regal Beloit (NYSE:RBC) Frequently Asked Questions

What is Regal Beloit's stock symbol?

Regal Beloit trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBC."

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

Regal Beloit announced a quarterly dividend on Monday, April 30th. Shareholders of record on Friday, June 29th will be given a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Thursday, June 28th. This is a boost from Regal Beloit's previous quarterly dividend of $0.26. View Regal Beloit's Dividend History.

How were Regal Beloit's earnings last quarter?

Regal Beloit Corp (NYSE:RBC) posted its earnings results on Monday, May, 7th. The industrial products company reported $1.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.09. The industrial products company had revenue of $878.80 million for the quarter, compared to analysts' expectations of $869.33 million. Regal Beloit had a net margin of 6.57% and a return on equity of 9.87%. Regal Beloit's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.14) earnings per share. View Regal Beloit's Earnings History.

When is Regal Beloit's next earnings date?

Regal Beloit is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Regal Beloit.

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

Regal Beloit updated its FY18 earnings guidance on Monday, May, 7th. The company provided EPS guidance of $5.60-$6.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.57.

What price target have analysts set for RBC?

11 analysts have issued 1-year target prices for Regal Beloit's stock. Their predictions range from $80.00 to $90.00. On average, they expect Regal Beloit's share price to reach $85.80 in the next twelve months. View Analyst Ratings for Regal Beloit.

What are Wall Street analysts saying about Regal Beloit stock?

Here are some recent quotes from research analysts about Regal Beloit stock:
  • 1. According to Zacks Investment Research, "Regal Beloit reported decent first-quarter 2018 results, supported by strong organic sales growth and favorable foreign currency translation impact. Over the years, Regal Beloit has consolidated its product lines and streamlined product brands to evolve as a dynamic enterprise. The company continues to focus on simplification initiatives to lower operating costs and improve margins. Regal Beloit continues to focus on prudent investment decisions for a disciplined capital allocation, strong and flexible balance sheet position and cash flow enhancement to support dividend growth. We believe that such moves along with its robust operating platform and an efficient management team will help in the execution of its strategic priorities and drive net asset value. Regal Beloit has also outperformed the industry in the past three months on an average. However, margin pressures and high concentration risks remain potential headwinds for the company." (5/11/2018)
  • 2. Royal Bank of Canada analysts commented, "RBC shares continue to offer strong/stable FCF yield, but with sentiment anchored by lagging C&I OM performance. RBC appears on track for about 10% adjusted EPS growth this year on ~8% EBIT growth, and trades at 13.8x ’17E FCF/share and 12.2x ’18E FCF/share. We view sustainable average FCF/NI conversion about 112-115%, and RBC currently trades at 25-30% FCF yield discount vs. our coverage. Lagging 2017 C&I OM reflects 1H ramp inefficiencies (pivot to growth against significant scope of facility consolidation activities) followed by adverse price/cost in 3Q (expected peak timing mismatch, with improved 4Q price realization; improved 4Q mix due to O&G product), but still projects ~+50 bps ’17E, with favorable 2018 comparison setup." (11/28/2017)
  • 3. Credit Suisse Group AG analysts commented, "We hosted investor meetings with CEO Mark Gliebe, and Vice President Rob Rehard, in Boston earlier this week. The company seems to be making good progress in its efforts to drive Simplification, and the end-demand backdrop remains broadly favorable. Management should be in a position to start to deploy the balance sheet towards M&A again in 2018, but the broader focus of the company is shifting towards organic sales growth (and the headwind from HVAC OEM dual-sourcing has largely run its course), as opposed to its ‘serial acquirer’ status of the past. If the organic growth initiatives can bear fruit, the combination of this with margin expansion from Simplification, should be sufficient to push EPS over $6 (up from a range of $4-5 over 2010-2017E), and increase RBC’s valuation from its still heavily discounted level." (6/29/2017)

Who are some of Regal Beloit's key competitors?

Some companies that are related to Regal Beloit include Nidec (NJDCY), AMETEK (AME), Generac (GNRC), Aggreko (ARGKF), Franklin Electric (FELE) and American Superconductor (AMSC).

Who are Regal Beloit's key executives?

Regal Beloit's management team includes the folowing people:
  • Mr. Mark J. Gliebe, Chairman, & CEO (Age 57)
  • Mr. Jonathan J. Schlemmer, Chief Operating Officer (Age 52)
  • Mr. John M. Avampato, VP & Chief Information Officer (Age 57)
  • Mr. Terry R. Colvin, VP of Corp. HR (Age 62)
  • Mr. Charles A. Hinrichs, Former VP & CFO (Age 64)

Has Regal Beloit been receiving favorable news coverage?

Headlines about RBC stock have trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regal Beloit earned a media sentiment score of 0.07 on Accern's scale. They also gave media stories about the industrial products company an impact score of 46.18 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Regal Beloit's major shareholders?

Regal Beloit's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.11%), Dimensional Fund Advisors LP (6.05%), Massachusetts Financial Services Co. MA (2.85%), LSV Asset Management (1.81%), Franklin Resources Inc. (1.68%) and Prudential Financial Inc. (1.64%). Company insiders that own Regal Beloit stock include Henry W Knueppel, John Avampato and Terry R Colvin. View Institutional Ownership Trends for Regal Beloit.

Which institutional investors are selling Regal Beloit stock?

RBC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Principal Financial Group Inc., Principal Financial Group Inc., Millennium Management LLC, Dalton Greiner Hartman Maher & Co., Citadel Advisors LLC, Schwab Charles Investment Management Inc. and UBS Group AG. View Insider Buying and Selling for Regal Beloit.

Which institutional investors are buying Regal Beloit stock?

RBC stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., LSV Asset Management, BlackRock Inc., Dimensional Fund Advisors LP, Fort Washington Investment Advisors Inc. OH, The Manufacturers Life Insurance Company, Massachusetts Financial Services Co. MA and Prudential Financial Inc.. View Insider Buying and Selling for Regal Beloit.

How do I buy shares of Regal Beloit?

Shares of RBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Regal Beloit's stock price today?

One share of RBC stock can currently be purchased for approximately $80.65.

How big of a company is Regal Beloit?

Regal Beloit has a market capitalization of $3.60 billion and generates $3.36 billion in revenue each year. The industrial products company earns $213 million in net income (profit) each year or $4.87 on an earnings per share basis. Regal Beloit employs 23,600 workers across the globe.

How can I contact Regal Beloit?

Regal Beloit's mailing address is 200 STATE STREET, BELOIT WI, 53511. The industrial products company can be reached via phone at 608-364-8800 or via email at [email protected]


MarketBeat Community Rating for Regal Beloit (RBC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  652
MarketBeat's community ratings are surveys of what our community members think about Regal Beloit and other stocks. Vote "Outperform" if you believe RBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff
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