Should I buy or sell Regal Rexnord stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regal Rexnord in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RRX shares. View RRX analyst ratings or view top-rated stocks .

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

4 analysts have issued twelve-month price objectives for Regal Rexnord's shares. Their RRX share price targets range from $148.00 to $211.00. On average, they predict the company's share price to reach $186.00 in the next year. This suggests a possible upside of 58.0% 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 2023?

Regal Rexnord's stock was trading at $119.98 at the beginning of the year. Since then, RRX stock has decreased by 1.9% and is now trading at $117.70. View the best growth stocks for 2023 here .

Are investors shorting Regal Rexnord?

Regal Rexnord saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 957,000 shares, an increase of 18.6% from the October 31st total of 807,200 shares. Based on an average daily volume of 466,700 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.5% 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 Wednesday, February 7th 2024. View our RRX earnings forecast .

How were Regal Rexnord's earnings last quarter?

Regal Rexnord Co. (NYSE:RRX) released its earnings results on Wednesday, November, 1st. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.50 by $0.40. The business earned $1.65 billion during the quarter, compared to analyst estimates of $1.73 billion. Regal Rexnord had a negative net margin of 0.20% and a positive trailing twelve-month return on equity of 9.92%. The firm's quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.66 EPS.

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

Regal Rexnord declared a quarterly dividend on Friday, October 27th. Stockholders of record on Friday, December 29th will be given a dividend of $0.35 per share on Friday, January 12th. This represents a $1.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, December 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 1.20%. Read our dividend analysis for RRX .

What ETFs hold Regal Rexnord's stock?

ETFs with the largest weight of Regal Rexnord (NYSE:RRX) stock in their portfolio include ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) , Thrivent Small-Mid Cap ESG ETF (TSME) , Putnam Sustainable Future ETF (PFUT) , Fidelity Small-Mid Cap Opportunities ETF (FSMO) , Fidelity Blue Chip Value ETF (FBCV) , Global X U.S. Infrastructure Development ETF (PAVE) , iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares S&P Mid-Cap 400 Value ETF (IJJ) .

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

Regal Rexnord issued an update on its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $9.05-$9.25 for the period, compared to the consensus earnings per share estimate of $10.13.

Who are Regal Rexnord's major shareholders?

Regal Rexnord's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (13.53%), Massachusetts Financial Services Co. MA (5.12%), Diamond Hill Capital Management Inc. (3.56%), Clearbridge Investments LLC (1.32%), Bank of New York Mellon Corp (0.99%) and Third Point LLC (0.98%). Insiders that own company stock include Christopher L Doerr , Curtis W Stoelting , John Avampato , John C Kunze and Theodore D Crandall . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Regal Rexnord Stock Price, News & Analysis (NYSE:RRX)

$117.70

+2.79 (+2.43%)

(As of 04:31 PM ET)

Compare

Today's Range: $116.50
▼
$118.21
50-Day Range: $99.59
▼
$152.03
52-Week Range: $97.18
▼
$166.00

Volume: 425,905 shs
Average Volume: 439,097 shs
Market Capitalization: $7.81 billion

P/E Ratio: N/A
Dividend Yield: 1.19%
Price Target: $186.00

Regal Rexnord MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 58.0% Upside
$186.00 Price Target
Short Interest: Healthy
1.45% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.96
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Acquiring Shares
$201,540 Bought Last Quarter
Proj. Earnings Growth: 17.52%
From $9.13 to $10.73 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Industrial Products Sector

23rd out of 179 stocks

Motors & Generators Industry

1st out of 4 stocks

3.4

Analyst's Opinion

Consensus Rating
Regal Rexnord has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $186.00, Regal Rexnord has a forecasted upside of 58.0% from its current price of $117.70.
Amount of Analyst Coverage
Regal Rexnord has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.45% of the float of Regal Rexnord has been sold short.
Short Interest Ratio / Days to Cover
Regal Rexnord has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Regal Rexnord has recently increased by 18.56%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Regal Rexnord pays a meaningful dividend of 1.20%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Regal Rexnord has been increasing its dividend for 18 years.
Dividend Sustainability
Based on earnings estimates, Regal Rexnord will have a dividend payout ratio of 13.05% next year. This indicates that Regal Rexnord will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Regal Rexnord has received a 24.76% net impact score from Upright. Regal Rexnord seems to create the most significant positive value in categories "Jobs", "Taxes", and "GHG emissions". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Electric motor control devices", "Electric actuators", and "Synchronous motors" products. See details.
Environmental Sustainability
The Environmental Impact score for Regal Rexnord is -0.96.

1.7

News and Social Media Coverage

News Sentiment
Regal Rexnord has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Regal Rexnord this week, compared to 4 articles on an average week.
Search Interest
3 people have searched for RRX on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Regal Rexnord to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Regal Rexnord insiders have bought more of their company's stock than they have sold. Specifically, they have bought $201,540.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Regal Rexnord is held by insiders.
Percentage Held by Institutions
96.67% of the stock of Regal Rexnord is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Regal Rexnord are expected to grow by 17.52% in the coming year, from $9.13 to $10.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Regal Rexnord is -653.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Regal Rexnord is -653.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Regal Rexnord has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Regal Rexnord has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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. It operates in four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental, marine, agriculture, healthcare, mobile, and defense markets; switchgear, switchboards, and control systems for power generation systems; and transfer switch power solutions for residential, commercial, industrial, and critical applications. The Climate Solutions segment provides fractional horsepower motors, electronic variable speed controls, and blowers for use in residential and light commercial air moving applications; and fractional horsepower motors and blowers for use in white goods, water heating equipment, small pumps, compressors, and fans, and other small appliances. The Motion Control Solutions segment offers bearings; conveyors; conveying automation solutions; disc, gear, grid, elastomeric, and torsionally soft couplings; mechanical power transmission drives and components; gearboxes and gear motors; aerospace components; and special components. This segment serves the food and beverage, bulk handling, eCommerce/warehouse distribution, energy, aerospace, and general industrial markets. The company 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

30 days | 90 days | 365 days | Advanced Chart

RRX Stock News Headlines

November 9, 2023 | finance.yahoo.com

RBC Bearings Inc (RBC) Reports Solid Fiscal 2024 Second Quarter Results

November 8, 2023 | fool.com

Regal Rexnord (NYSE: RBC)

November 29, 2023 | Autonomix (Ad)

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November 6, 2023 | finance.yahoo.com

REGAL REXNORD CHIEF EXECUTIVE OFFICER LOUIS PINKHAM TO PRESENT AT THE BAIRD 2023 GLOBAL INDUSTRIAL CONFERENCE

November 6, 2023 | finance.yahoo.com

Will Markforged Holding Corporation (MKFG) Report Negative Earnings Next Week? What You Should Know

November 5, 2023 | finance.yahoo.com

Regal Rexnord Corporation (NYSE:RRX) Q3 2023 Earnings Call Transcript

November 3, 2023 | benzinga.com

Regal Rexnord Stock (NYSE:RRX), Analyst Ratings, Price Targets, Predictions

November 2, 2023 | bizjournals.com

Redevelopment site? Regal Rexnord lists 56-acre West Milwaukee campus for sale

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 2, 2023 | nasdaq.com

Regal Rexnord Slips 13% After Reporting Loss In Q3, Reduction In FY23 Outlook

November 2, 2023 | msn.com

Regal Rexnord’s stock plunges to 3-year low after disappointing results

November 2, 2023 | seekingalpha.com

Regal Rexnord Corporation 2023 Q3 - Results - Earnings Call Presentation

November 2, 2023 | finance.yahoo.com

Regal Rexnord Corp (RRX) Reports Q3 2023 Earnings: Sales Up 24.5% Despite Net Income Decrease

November 2, 2023 | finanznachrichten.de

Regal Rexnord Corporation: Regal Rexnord Reports Third Quarter 2023 Financial Results, Including Strong Free Cash Flow

November 1, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Regal Beloit (RRX) Q3 Earnings

November 1, 2023 | finance.yahoo.com

REGAL REXNORD REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS, INCLUDING STRONG FREE CASH FLOW

October 30, 2023 | finance.yahoo.com

Is There Now An Opportunity In Regal Rexnord Corporation (NYSE:RRX)?

October 25, 2023 | finance.yahoo.com

Earnings Preview: Regal Beloit (RRX) Q3 Earnings Expected to Decline

October 22, 2023 | msn.com

Regal Rexnord: Appealing, But Uncertain At The Same Time

October 12, 2023 | finance.yahoo.com

Is Regal Rexnord Corporation (NYSE:RRX) Trading At A 31% Discount?

October 9, 2023 | finance.yahoo.com

Regal Rexnord Corporation to Host Third Quarter 2023 Earnings Conference Call on Thursday, November 2, 2023

October 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Deere (DE) and Regal Rexnord (RRX)

September 27, 2023 | markets.businessinsider.com

Regal Rexnord’s Strategic Business Divestiture: A Prudent Move Towards Financial Stability and Value Generation

September 25, 2023 | marketwatch.com

Regal Rexnord Sells Industrial Motors, Generators Businesses For $400M

September 25, 2023 | markets.businessinsider.com

Regal Rexnord To Sell Majority Of Industrial Systems Segment For $400 Mln

September 14, 2023 | finance.yahoo.com

Regal Rexnord tells state it will close West Milwaukee plant in November

September 12, 2023 | msn.com

What to know about Regal Rexnord, the latest company to move its headquarters to Milwaukee

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/01/2023
Today: 11/29/2023
Ex-Dividend for 1/12 Dividend: 12/28/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/12/2024
Next Earnings (Estimated): 2/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motors & generators
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NYSE:RRX
CUSIP: N/A
CIK: 82811
Web: www.regalbeloit.com
Phone: (608) 364-8800
Fax: 608-364-8816
Employees: 26,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $186.00
High Stock Price Target: $211.00
Low Stock Price Target: $148.00
Potential Upside/Downside: +61.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 12.59
P/E Growth: 1.27
Net Income: $488.90 million
Net Margins: -0.20%
Pretax Margin: 0.60%
Return on Equity: 9.92%
Return on Assets: 4.36%

Debt

Debt-to-Equity Ratio: 1.05
Current Ratio: 2.58
Quick Ratio: 1.59

Sales & Book Value

Annual Sales: $5.22 billion
Price / Sales: 1.46
Cash Flow: $15.64 per share
Price / Cash Flow: 7.35
Book Value: $93.39 per share
Price / Book: 1.23

Miscellaneous

Outstanding Shares: 66,350,000
Free Float: 65,699,000
Market Cap: $7.63 billion
Optionable: Optionable
Beta: 1.11

12 Stocks Corporate Insiders are Abandoning

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Key Executives

Mr. Louis Vernon Pinkham (Age 52)
CEO & Director
Comp: $2.8M
Mr. Robert J. Rehard (Age 54)
VP & CFO
Comp: $1.23M
Mr. Thomas E. Valentyn (Age 64)
VP, General Counsel & Secretary
Comp: $978.25k
Mr. Jerrald R. Morton (Age 61)
President of Integration - Motion Control Solutions
Comp: $1.05M
Mr. Kevin J. Zaba (Age 56)
President of Motion Control Solutions
Comp: $962.65k
Mr. Alexander P. Scarpelli
Chief Accounting Officer, VP & Corporate Controller
Mr. John M. Avampato (Age 62)
VP & Chief Information Officer
Comp: $491.63k
Mr. Robert Douglas Barry
Vice President of Investor Relations
Ms. Cheryl A. Lewis (Age 54)
VP & Chief Human Resource Officer
Mr. Scott Douglas Brown (Age 63)
Group President of Commercial Systems Segment

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Regal Rexnord stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regal Rexnord in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RRX shares.
View RRX analyst ratings or view top-rated stocks.
What is Regal Rexnord's stock price target for 2024?: 4 analysts have issued twelve-month price objectives for Regal Rexnord's shares. Their RRX share price targets range from $148.00 to $211.00. On average, they predict the company's share price to reach $186.00 in the next year. This suggests a possible upside of 58.0% 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 2023?: Regal Rexnord's stock was trading at $119.98 at the beginning of the year. Since then, RRX stock has decreased by 1.9% and is now trading at $117.70.
View the best growth stocks for 2023 here.
Are investors shorting Regal Rexnord?: Regal Rexnord saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 957,000 shares, an increase of 18.6% from the October 31st total of 807,200 shares. Based on an average daily volume of 466,700 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.5% 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 Wednesday, February 7th 2024.
View our RRX earnings forecast.
How were Regal Rexnord's earnings last quarter?: Regal Rexnord Co. (NYSE:RRX) released its earnings results on Wednesday, November, 1st. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.50 by $0.40. The business earned $1.65 billion during the quarter, compared to analyst estimates of $1.73 billion. Regal Rexnord had a negative net margin of 0.20% and a positive trailing twelve-month return on equity of 9.92%. The firm's quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.66 EPS.

How often does Regal Rexnord pay dividends? What is the dividend yield for Regal Rexnord?: Regal Rexnord declared a quarterly dividend on Friday, October 27th. Stockholders of record on Friday, December 29th will be given a dividend of $0.35 per share on Friday, January 12th. This represents a $1.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, December 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 1.20%.
Read our dividend analysis for RRX.
What ETFs hold Regal Rexnord's stock?: ETFs with the largest weight of Regal Rexnord (NYSE:RRX) stock in their portfolio include ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Thrivent Small-Mid Cap ESG ETF (TSME), Putnam Sustainable Future ETF (PFUT), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Fidelity Blue Chip Value ETF (FBCV), Global X U.S. Infrastructure Development ETF (PAVE), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares S&P Mid-Cap 400 Value ETF (IJJ).
What guidance has Regal Rexnord issued on next quarter's earnings?: Regal Rexnord issued an update on its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $9.05-$9.25 for the period, compared to the consensus earnings per share estimate of $10.13.
Who are Regal Rexnord's major shareholders?: Regal Rexnord's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (13.53%), Massachusetts Financial Services Co. MA (5.12%), Diamond Hill Capital Management Inc. (3.56%), Clearbridge Investments LLC (1.32%), Bank of New York Mellon Corp (0.99%) and Third Point LLC (0.98%). Insiders that own company stock include Christopher L Doerr, Curtis W Stoelting, John Avampato, John C Kunze and Theodore D Crandall.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:RRX) was last updated on 11/29/2023 by MarketBeat.com Staff

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