NYSE:RXN - Rexnord Stock Price, News, & Analysis

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$24.87 -0.20 (-0.80 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$25.07
Today's Range$24.71 - $25.29
52-Week Range$21.38 - $32.11
Volume705,505 shs
Average Volume627,663 shs
Market Capitalization$2.61 billion
P/E Ratio17.93
Dividend YieldN/A
Beta1.53
Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. It operates in two segments, Process & Motion Control Platform and Water Management Platform. The company offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chain, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, including couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. It also provides aerospace components for use in door systems, engine accessories and controls, engine mounts, flight control systems, gearboxes, landing gears, and rotor pitch controls. In addition, the company offers valve, distribution and drainage, and site work products; water conservation products; and water and wastewater infrastructure products. It sells products through distribution partners, independent sales representatives, plumbing wholesalers, sales agencies, and direct sales and marketing associates to commercial construction, institutional, infrastructure, and residential construction end markets. The company offers its products under the Rexnord, Rex, Addax, Euroflex, Falk, FlatTop, Cambridge, Link-Belt, Omega, PSI, Shafer, Stearns, Highfield, Thomas, Centa, Tollok, Zurn, Wilkins, GA, Green Turtle, World Dryer, VAG, Aquaflush, AquaSense, AquaVantage, AquaSpec, EcoVantage, Zurn One, and Zurn One Systems names. Rexnord Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.

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Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP76169B10
Phone414-643-3739

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.07 billion
Cash Flow$2.2775 per share
Book Value$11.66 per share

Profitability

Net Income$75.90 million

Miscellaneous

Employees8,300
Market Cap$2.61 billion
Next Earnings Date5/13/2019 (Estimated)
OptionableOptionable

Rexnord (NYSE:RXN) Frequently Asked Questions

What is Rexnord's stock symbol?

Rexnord trades on the New York Stock Exchange (NYSE) under the ticker symbol "RXN."

How were Rexnord's earnings last quarter?

Rexnord Corp (NYSE:RXN) posted its quarterly earnings results on Wednesday, January, 30th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. The industrial products company had revenue of $485 million for the quarter, compared to analysts' expectations of $487.19 million. Rexnord had a negative net margin of 3.58% and a positive return on equity of 18.32%. The firm's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.37 earnings per share. View Rexnord's Earnings History.

When is Rexnord's next earnings date?

Rexnord is scheduled to release their next quarterly earnings announcement on Monday, May 13th 2019. View Earnings Estimates for Rexnord.

What price target have analysts set for RXN?

7 brokers have issued 1 year price objectives for Rexnord's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Rexnord's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for Rexnord.

What is the consensus analysts' recommendation for Rexnord?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rexnord.

Has Rexnord been receiving favorable news coverage?

News headlines about RXN stock have been trending positive recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rexnord earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the next several days.

Who are some of Rexnord's key competitors?

Some companies that are related to Rexnord include Gardner Denver (GDI), IMI PLC/S (IMIAY), Gates Industrial (GTES), Twin Disc (TWIN) and Graham (GHM).

What other stocks do shareholders of Rexnord own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rexnord investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Chaarat Gold (CGH), Associated British Foods (ABF), Ciena (CIEN), First Data (FDC), tronc (TRNC), Zynga (ZNGA) and Air Canada (AC).

Who are Rexnord's key executives?

Rexnord's management team includes the folowing people:
  • Mr. Todd A. Adams, Pres, CEO & Director (Age 48)
  • Mr. Mark W. Peterson, Sr. VP & CFO (Age 47)
  • Mr. George J. Powers, Chief HR Officer (Age 52)
  • Mr. Kevin J. Zaba, Group Exec. and Pres of Process & Motion Control Platform (Age 52)
  • Mr. Michael D. Troutman, Chief Information Officer (Age 52)

Who are Rexnord's major shareholders?

Rexnord's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (7.78%), BlackRock Inc. (7.50%), Impax Asset Management Group plc (3.62%), Jennison Associates LLC (3.25%), Dimensional Fund Advisors LP (2.75%) and Channing Capital Management LLC (2.34%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, Michael Troutman, Theodore D Crandall and Todd A Adams. View Institutional Ownership Trends for Rexnord.

Which institutional investors are selling Rexnord stock?

RXN stock was sold by a variety of institutional investors in the last quarter, including Channing Capital Management LLC, Amundi Pioneer Asset Management Inc., D. E. Shaw & Co. Inc., Lord Abbett & CO. LLC, Barclays PLC, KBC Group NV, Bank of Montreal Can and SG Americas Securities LLC. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr and Todd A Adams. View Insider Buying and Selling for Rexnord.

Which institutional investors are buying Rexnord stock?

RXN stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, BlackRock Inc., Impax Asset Management Group plc, Millennium Management LLC, Arrowgrass Capital Partners US LP, Robecosam AG and Geode Capital Management LLC. Company insiders that have bought Rexnord stock in the last two years include Craig Wehr, David C Longren and Theodore D Crandall. View Insider Buying and Selling for Rexnord.

How do I buy shares of Rexnord?

Shares of RXN 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 Rexnord's stock price today?

One share of RXN stock can currently be purchased for approximately $24.87.

How big of a company is Rexnord?

Rexnord has a market capitalization of $2.61 billion and generates $2.07 billion in revenue each year. The industrial products company earns $75.90 million in net income (profit) each year or $1.39 on an earnings per share basis. Rexnord employs 8,300 workers across the globe.

What is Rexnord's official website?

The official website for Rexnord is http://www.rexnord.com.

How can I contact Rexnord?

Rexnord's mailing address is 511 West Freshwater Way, Milwaukee WI, 53204. The industrial products company can be reached via phone at 414-643-3739 or via email at [email protected]


MarketBeat Community Rating for Rexnord (NYSE RXN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  549
MarketBeat's community ratings are surveys of what our community members think about Rexnord and other stocks. Vote "Outperform" if you believe RXN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RXN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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