Rexnord Corporation Company Profile (NYSE:RXN)

About Rexnord Corporation (NYSE:RXN)

Rexnord Corporation logoRexnord Corporation is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services a range of engineered mechanical components used within systems. The Process & Motion Control portfolio includes motion control products, shaft management products, aerospace components and related value-added services. Its Process & Motion Control brands include Rexnord, Rex, Euroflex, Falk, FlatTop, Link-Belt, Thomas and Tollok. The Water Management platform designs, procures and markets products that provide and enhance water quality, safety, flow control and conservation. The Water Management product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing and site works products. Its products are marketed and sold under various brand names, including Zurn, Wilkins and VAG.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Industrial Machinery & Equipment
  • Sub-Industry: Industrial Machinery
  • Symbol: NYSE:RXN
  • CUSIP: 76169B10
  • Web: www.rexnord.com
Capitalization:
  • Market Cap: $2.67769 billion
  • Outstanding Shares: 103,746,000
Average Prices:
  • 50 Day Moving Avg: $24.94
  • 200 Day Moving Avg: $23.81
  • 52 Week Range: $15.80 - $26.24
P/E:
  • Trailing P/E Ratio: 38.92
  • Foreward P/E Ratio: 16.90
  • P/E Growth: 2.32
Sales & Book Value:
  • Annual Revenue: $1.93 billion
  • Price / Sales: 1.38
  • Book Value: $10.76 per share
  • Price / Book: 2.39
Profitability:
  • EBITDA: $327.9 million
  • Net Margins: 4.22%
  • Return on Equity: 14.27%
  • Return on Assets: 3.95%
Debt:
  • Debt-to-Equity Ratio: 1.44%
  • Current Ratio: 3.02%
  • Quick Ratio: 2.17%
Misc:
  • Average Volume: 745,338 shs.
  • Beta: 1.63
  • Short Ratio: 5.94
 

Frequently Asked Questions for Rexnord Corporation (NYSE:RXN)

What is Rexnord Corporation's stock symbol?

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

How were Rexnord Corporation's earnings last quarter?

Rexnord Corporation (NYSE:RXN) issued its earnings results on Wednesday, August, 2nd. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.01. The firm had revenue of $487.70 million for the quarter, compared to analysts' expectations of $484.20 million. Rexnord Corporation had a net margin of 4.22% and a return on equity of 14.27%. The firm's revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 earnings per share. View Rexnord Corporation's Earnings History.

When will Rexnord Corporation make its next earnings announcement?

Rexnord Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Rexnord Corporation.

Where is Rexnord Corporation's stock going? Where will Rexnord Corporation's stock price be in 2017?

5 brokerages have issued 12 month price objectives for Rexnord Corporation's shares. Their predictions range from $24.00 to $27.00. On average, they expect Rexnord Corporation's stock price to reach $26.00 in the next year. View Analyst Ratings for Rexnord Corporation.

Who are some of Rexnord Corporation's key competitors?

Who are Rexnord Corporation's key executives?

Rexnord Corporation's management team includes the folowing people:

  • Todd Alan Adams, President, Chief Executive Officer, Director
  • Mark W. Peterson, Chief Financial Officer, Senior Vice President
  • Sudhanshu Chhabra, Corporate Executive
  • Matthew Stillings, Group Executive, President - Water Management Platform
  • Craig G. Wehr, Group Executive, President - Zurn
  • Kevin J. Zaba, Group Executive, President - Process & Motion Control Platform
  • George J. Powers, Chief Human Resource Officer
  • Rodney L. Jackson, Senior Vice President-Business and Corporate Development
  • Patricia M. Whaley, Vice President, General Counsel, Secretary
  • Paul W. Jones, Independent Non-Executive Chairman of the Board

Who owns Rexnord Corporation stock?

Rexnord Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include EDGEPOINT INVESTMENT GROUP INC. (5.10%). Company insiders that own Rexnord Corporation stock include Craig Wehr, David C Longren, John S Stroup, Michael Troutman, Paul W Jones and Todd A Adams. View Institutional Ownership Trends for Rexnord Corporation.

How do I buy Rexnord Corporation stock?

Shares of Rexnord Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Rexnord Corporation's stock price today?

One share of Rexnord Corporation stock can currently be purchased for approximately $25.69.


MarketBeat Community Rating for Rexnord Corporation (NYSE RXN)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  147 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  327
MarketBeat's community ratings are surveys of what our community members think about Rexnord Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Rexnord Corporation (NYSE:RXN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $26.00 (1.21% upside)
Consensus Price Target History for Rexnord Corporation (NYSE:RXN)
Price Target History for Rexnord Corporation (NYSE:RXN)
Analysts' Ratings History for Rexnord Corporation (NYSE:RXN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/28/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
8/24/2017Robert W. BairdSet Price TargetBuy$27.00LowView Rating Details
7/21/2017Janney Montgomery ScottInitiated CoverageFair Value -> Buy$23.87 -> $27.00LowView Rating Details
11/29/2016KeyCorpBoost Price TargetOverweight$22.00 -> $24.00N/AView Rating Details
10/24/2016Barclays PLCUpgradeEqual Weight -> Overweight$20.00 -> $26.00N/AView Rating Details
7/9/2016Credit Suisse GroupReiterated RatingBuyN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
2/4/2016WedbushReiterated RatingHold$25.00 -> $20.00N/AView Rating Details
11/3/2015SunTrust Banks, Inc.Initiated CoverageBuy$22.00N/AView Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for Rexnord Corporation (NYSE:RXN)
Earnings by Quarter for Rexnord Corporation (NYSE:RXN)
Earnings History by Quarter for Rexnord Corporation (NYSE RXN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.33N/AView Earnings Details
8/2/2017Q1 2018$0.26$0.27$484.20 million$487.70 millionViewListenView Earnings Details
5/17/2017Q4 2017$0.33$0.35$493.65 million$503.60 millionViewN/AView Earnings Details
2/1/2017Q317$0.24$0.25$456.63 million$452.00 millionViewListenView Earnings Details
11/2/2016Q217$0.38$0.38$495.47 million$491.00 millionViewListenView Earnings Details
8/1/2016Q117$0.30$0.35$459.57 million$472.00 millionViewListenView Earnings Details
5/18/2016Q416$0.36$0.37$498.43 million$492.60 millionViewListenView Earnings Details
2/2/2016Q316$0.36$0.38$462.23 million$460.00 millionViewListenView Earnings Details
11/3/2015Q216$0.32$0.34$486.25 million$485.90 millionViewListenView Earnings Details
8/4/2015Q116$0.28$0.30$473.17 million$485.00 millionViewListenView Earnings Details
5/20/2015Q415$0.54$0.54$547.87 million$519.00 millionViewListenView Earnings Details
2/4/2015Q315$0.31$0.32$502.97 million$507.10 millionViewListenView Earnings Details
11/6/2014Q215$0.40$0.40$548.20 million$538.00 millionViewListenView Earnings Details
8/6/2014Q115$0.25$0.26$513.40 million$509.80 millionViewListenView Earnings Details
5/21/2014Q4$0.47$0.39$582.77 million$569.70 millionViewListenView Earnings Details
1/28/2014Q3$0.32$0.17ViewListenView Earnings Details
10/24/2013Q114$0.26$0.30$513.67 million$515.00 millionViewListenView Earnings Details
7/31/2013Q1 2014$0.20$0.23ViewListenView Earnings Details
5/21/2013Q4 2013$0.31$0.24$542.94 million$540.00 millionViewListenView Earnings Details
11/7/2012Q213$0.20$0.24$483.42 million$500.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rexnord Corporation (NYSE:RXN)
2017 EPS Consensus Estimate: $1.33
2018 EPS Consensus Estimate: $1.30
2019 EPS Consensus Estimate: $1.59
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.30$0.35$0.32
Q2 20173$0.35$0.40$0.38
Q3 20174$0.24$0.36$0.28
Q4 20174$0.32$0.47$0.36
Q1 20183$0.25$0.32$0.28
Q2 20183$0.30$0.38$0.33
Q3 20183$0.26$0.32$0.29
Q4 20183$0.38$0.42$0.41
Q1 20191$0.35$0.35$0.35
Q2 20191$0.41$0.41$0.41
Q3 20191$0.36$0.36$0.36
Q4 20191$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rexnord Corporation (NYSE:RXN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Rexnord Corporation (NYSE:RXN)
Insider Ownership Percentage: 3.50%
Insider Trades by Quarter for Rexnord Corporation (NYSE:RXN)
Institutional Ownership by Quarter for Rexnord Corporation (NYSE:RXN)
Insider Trades by Quarter for Rexnord Corporation (NYSE:RXN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2017Michael TroutmanInsiderSell22,914$24.15$553,373.10View SEC Filing  
9/6/2017Michael TroutmanInsiderSell128$23.73$3,037.44View SEC Filing  
5/25/2017Craig WehrInsiderBuy750$23.14$17,355.00View SEC Filing  
4/12/2017Todd A AdamsCEOSell33,000$22.89$755,370.00View SEC Filing  
2/15/2017Todd A AdamsCEOSell32,925$22.35$735,873.75View SEC Filing  
8/11/2016David C LongrenDirectorBuy2,000$21.39$42,780.00View SEC Filing  
6/8/2016John S StroupDirectorSell18,732$21.39$400,677.48View SEC Filing  
5/2/2016Todd A AdamsCEOSell25,000$21.81$545,250.00View SEC Filing  
4/1/2016Todd A AdamsCEOSell15,800$19.96$315,368.00View SEC Filing  
3/10/2016Todd A AdamsCEOSell13,012$18.73$243,714.76View SEC Filing  
2/4/2016Paul W JonesDirectorBuy20,000$17.15$343,000.00View SEC Filing  
9/4/2015Mark W PetersonCFOBuy2,540$19.64$49,885.60View SEC Filing  
9/3/2015Todd A AdamsCEOBuy1,200$19.72$23,664.00View SEC Filing  
8/19/2015Rodney JacksonSVPBuy3,125$20.84$65,125.00View SEC Filing  
8/14/2015Paul W JonesDirectorBuy10,000$21.30$213,000.00View SEC Filing  
5/22/2015John S StroupDirectorBuy10,000$25.44$254,400.00View SEC Filing  
2/10/2015Paul W JonesDirectorBuy20,000$27.00$540,000.00View SEC Filing  
8/1/2014Praveen R JeyarajahEVPSell27,500$26.70$734,250.00View SEC Filing  
7/1/2014Praveen R JeyarajahEVPSell27,500$28.70$789,250.00View SEC Filing  
6/4/2014John M StropkiDirectorBuy1,935$26.66$51,587.10View SEC Filing  
6/2/2014Praveen R JeyarajahEVPSell27,500$25.69$706,475.00View SEC Filing  
5/1/2014Praveen JeyarajahEVPSell27,500$26.46$727,650.00View SEC Filing  
4/1/2014Praveen JeyarajahEVPSell27,500$29.19$802,725.00View SEC Filing  
2/20/2014John StropkiDirectorBuy1,759$28.55$50,219.45View SEC Filing  
2/10/2014John StropkiDirectorBuy1,810$27.55$49,865.50View SEC Filing  
2/5/2014George ShermanChairmanSell1,070,000$24.81$26,546,700.00View SEC Filing  
2/5/2014John StroupDirectorBuy9,600$26.08$250,368.00View SEC Filing  
2/3/2014Praveen JeyarajahEVPSell27,500$26.01$715,275.00View SEC Filing  
1/2/2014Praveen JeyarajahEVPSell27,500$26.90$739,750.00View SEC Filing  
12/2/2013Praveen JeyarajahEVPSell27,500$23.80$654,500.00View SEC Filing  
11/1/2013Praveen R JeyarajahEVPSell27,500$23.18$637,450.00View SEC Filing  
9/23/2013Todd AdamsCEOSell40,000$19.45$778,000.00View SEC Filing  
9/20/2013Todd AdamsCEOSell80,000$20.21$1,616,800.00View SEC Filing  
9/19/2013Mark PetersonCFOSell35,983$20.03$720,739.49View SEC Filing  
9/4/2013Praveen JeyarajahEVPSell27,500$19.09$524,975.00View SEC Filing  
8/14/2013Mark PetersonCFOSell2,804$20.00$56,080.00View SEC Filing  
8/1/2013Praveen R JeyarajahEVPSell27,500$19.01$522,775.00View SEC Filing  
7/1/2013Praveen R JeyarajahEVPSell27,500$17.55$482,625.00View SEC Filing  
6/26/2013Apollo Management Holdings Gp,Major ShareholderSell7,475,000$15.40$115,115,000.00View SEC Filing  
6/3/2013Praveen R JeyarajahEVPSell27,500$19.17$527,175.00View SEC Filing  
5/31/2013Mark W PetersonCFOSell4,800$20.11$96,528.00View SEC Filing  
5/28/2013Praveen R JeyarajahEVPSell27,500$19.41$533,775.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Rexnord Corporation (NYSE:RXN)
Latest Headlines for Rexnord Corporation (NYSE:RXN)
Source:
DateHeadline
finance.yahoo.com logoIs Rexnord (RXN) a Great Stock for Value Investors?
finance.yahoo.com - October 17 at 3:32 PM
finance.yahoo.com logoRexnord Schedules Q2 FY2018 Earnings Release and Investor Conference Call
finance.yahoo.com - October 17 at 3:32 PM
msn.com logoBecoming a Steelworker Liberated Her. Then Her Job Moved to Mexico.
www.msn.com - October 16 at 6:18 AM
nasdaq.com logoFactory Mutual Insurance Co Buys DowDuPont Inc, Pioneer Natural Resources Co, Biogen Inc, Sells ...
www.nasdaq.com - October 12 at 3:22 PM
thestreet.com logoShort Interest Moves 16% Lower For RXN
www.thestreet.com - October 12 at 9:10 AM
bizjournals.com logoRexnord buys World Dryer Corp.
www.bizjournals.com - October 11 at 7:23 AM
bizjournals.com logoRexnord buys World Dryer Corp.
www.bizjournals.com - October 11 at 7:23 AM
streetinsider.com logoRexnord (RXN) Acquires World Dryer Corporation
www.streetinsider.com - October 11 at 7:23 AM
streetinsider.com logoRexnord (RXN) Acquires World Dryer Corporation
www.streetinsider.com - October 11 at 7:23 AM
americanbankingnews.com logoRexnord Corporation (RXN) Expected to Earn Q2 2018 Earnings of $0.30 Per Share
www.americanbankingnews.com - October 10 at 10:32 AM
finance.yahoo.com logoRexnord Corporation Acquires World Dryer Corporation
finance.yahoo.com - October 10 at 6:34 AM
seekingalpha.com logoRexnord acquires hand-dryer leader World Dryer
seekingalpha.com - October 10 at 3:16 AM
americanbankingnews.com logoReviewing Rexnord Corporation (RXN) & Its Competitors
www.americanbankingnews.com - October 8 at 8:08 PM
finance.yahoo.com logoRexnord Corp. :RXN-US: Earnings Analysis: Q1, 2018 By the Numbers : October 4, 2017
finance.yahoo.com - October 6 at 8:14 AM
finance.yahoo.com logoETFs with exposure to Rexnord Corp. : October 5, 2017
finance.yahoo.com - October 6 at 8:14 AM
americanbankingnews.com logoRexnord Corporation (RXN) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 4 at 8:44 PM
finance.yahoo.com logoWhy Rexnord Corporation (RXN) Delivered An Inferior ROE Compared To The Industry
finance.yahoo.com - October 3 at 12:01 PM
finance.yahoo.com logoWhy Rexnord Corporation (RXN) Delivered An Inferior ROE Compared To The Industry
finance.yahoo.com - October 3 at 12:01 PM
americanbankingnews.com logoRexnord Corporation (RXN) vs. Its Rivals Head-To-Head Analysis
www.americanbankingnews.com - October 1 at 4:32 AM
americanbankingnews.com logoFinancial Review: Rexnord Corporation (RXN) & Its Peers
www.americanbankingnews.com - September 29 at 4:32 AM
americanbankingnews.com logoRexnord Corporation (RXN) Rating Reiterated by Oppenheimer Holdings, Inc.
www.americanbankingnews.com - September 28 at 3:14 PM
americanbankingnews.com logoFinancial Review: Rexnord Corporation (RXN) & Its Competitors
www.americanbankingnews.com - September 27 at 10:20 PM
finance.yahoo.com logoRexnord Meets 80-Plus Relative Strength Rating Benchmark
finance.yahoo.com - September 26 at 6:33 PM
bizjournals.com logoRexnord building new aerospace headquarters, facility
www.bizjournals.com - September 20 at 8:37 AM
americanbankingnews.com logo$504.64 Million in Sales Expected for Rexnord Corporation (RXN) This Quarter
www.americanbankingnews.com - September 15 at 9:48 AM
finance.yahoo.com logoRexnord Getting Closer To Key Technical Measure
finance.yahoo.com - September 13 at 4:44 PM
americanbankingnews.com logo Analysts Anticipate Rexnord Corporation (RXN) to Post $0.32 EPS
www.americanbankingnews.com - September 13 at 6:20 AM
americanbankingnews.com logoRexnord Corporation (RXN) Insider Sells $553,373.10 in Stock
www.americanbankingnews.com - September 12 at 7:52 PM
finance.yahoo.com logoHere's Why You Should Hold on to Rexnord (RXN) Stock Now
finance.yahoo.com - September 12 at 9:25 AM
finance.yahoo.com logoRexnord Earns Relative Strength Rating Upgrade
finance.yahoo.com - September 12 at 9:25 AM
finance.yahoo.com logoHere's Why You Should Hold on to Rexnord (RXN) Stock Now
finance.yahoo.com - September 12 at 9:25 AM
americanbankingnews.com logoContrasting American Outdoor Brands Corporation (AOBC) and Rexnord Corporation (RXN)
www.americanbankingnews.com - September 10 at 4:36 AM
americanbankingnews.com logoRexnord Corporation (RXN) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 9 at 4:48 PM
finance.yahoo.com logoRexnord Trying To Close In On Key Technical Benchmark
finance.yahoo.com - September 8 at 7:56 AM
finance.yahoo.com logoRexnord (RXN) Up 4.6% Since Earnings Report: Can It Rebound?
finance.yahoo.com - September 8 at 7:56 AM
americanbankingnews.com logoHead to Head Review: SPX FLOW (FLOW) vs. Rexnord Corporation (RXN)
www.americanbankingnews.com - September 5 at 2:15 PM
finance.yahoo.com logoRexnord to Participate in Vertical Research Partners 2017 Industrials Conference
finance.yahoo.com - September 2 at 8:18 AM
bizjournals.com logoStock Performance Review on Machinery Industry -- Milacron, Roper Technologies, Rexnord, and AMETEK
www.bizjournals.com - August 30 at 8:52 AM
americanbankingnews.com logoRexnord Corporation (RXN) Stock Rating Reaffirmed by Robert W. Baird
www.americanbankingnews.com - August 24 at 10:06 PM
finance.yahoo.com logoRexnord Corp. breached its 50 day moving average in a Bearish Manner : RXN-US : August 18, 2017
finance.yahoo.com - August 19 at 7:13 AM
americanbankingnews.com logoRexnord Corporation (RXN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 15 at 8:52 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Rexnord Corp.
finance.yahoo.com - August 13 at 6:05 AM
bizjournals.com logoRexnord purchases Zurn HQ building in Reed Street Yards
www.bizjournals.com - August 8 at 6:50 AM
americanbankingnews.com logoQ2 2019 EPS Estimates for Rexnord Corporation Cut by SunTrust Banks (NYSE:RXN)
www.americanbankingnews.com - August 7 at 9:56 AM
americanbankingnews.com logoFY2018 Earnings Forecast for Rexnord Corporation Issued By Oppenheimer Holdings (RXN)
www.americanbankingnews.com - August 7 at 9:04 AM
finance.yahoo.com logoInvestor Network: Rexnord Corporation to Host Earnings Call
finance.yahoo.com - August 5 at 6:49 AM
americanbankingnews.com logoOppenheimer Holdings Research Analysts Reduce Earnings Estimates for Rexnord Corporation (NYSE:RXN)
www.americanbankingnews.com - August 4 at 5:22 PM
americanbankingnews.com logoEquities Analysts Offer Predictions for Rexnord Corporation's Q2 2018 Earnings (NYSE:RXN)
www.americanbankingnews.com - August 4 at 4:54 PM
finance.yahoo.com logoEdited Transcript of RXN earnings conference call or presentation 3-Aug-17 12:00pm GMT
finance.yahoo.com - August 4 at 7:48 AM
finance.yahoo.com logoRexnord tops Street 1Q forecasts
finance.yahoo.com - August 3 at 2:10 AM

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Chart

Rexnord Corporation (RXN) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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