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

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$31.52 +0.43 (+1.38 %)
(As of 09/20/2018 05:31 AM ET)
Previous Close$31.09
Today's Range$31.15 - $31.61
52-Week Range$22.89 - $31.61
Volume801,500 shs
Average Volume692,824 shs
Market Capitalization$3.22 billion
P/E Ratio22.70
Dividend YieldN/A
Beta1.54
Rexnord logoRexnord 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

Stock Exchange NYSE
Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:RXN
CUSIP76169B10
Phone414-643-3739

Debt

Debt-to-Equity Ratio1.13
Current Ratio2.40
Quick Ratio1.62

Price-To-Earnings

Trailing P/E Ratio22.70
Forward P/E Ratio18.54
P/E Growth1.11

Sales & Book Value

Annual Sales$2.07 billion
Price / Sales1.59
Cash Flow$2.3470 per share
Price / Cash13.43
Book Value$11.66 per share
Price / Book2.70

Profitability

EPS (Most Recent Fiscal Year)$1.39
Net Income$75.90 million
Net Margins2.34%
Return on Equity14.99%
Return on Assets5.26%

Miscellaneous

Employees8,300
Outstanding Shares104,460,000
Market Cap$3.22 billion

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 earnings results on Monday, July, 30th. The industrial products company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.05. The industrial products company earned $503.60 million during the quarter, compared to analyst estimates of $505.18 million. Rexnord had a return on equity of 14.99% and a net margin of 2.34%. Rexnord's revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 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 Wednesday, November, 7th 2018. View Earnings Estimates for Rexnord.

What price target have analysts set for RXN?

6 Wall Street analysts have issued 12 month price objectives for Rexnord's shares. Their forecasts range from $30.00 to $35.00. On average, they anticipate Rexnord's share price to reach $33.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Rexnord.

What is the consensus analysts' recommendation for Rexnord?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rexnord.

Who are some of Rexnord's key competitors?

Who are Rexnord's key executives?

Rexnord's management team includes the folowing people:
  • Mr. Todd A. Adams, Pres, CEO & Director (Age 47)
  • Mr. Mark W. Peterson, Sr. VP & CFO (Age 46)
  • Mr. George J. Powers, Chief HR Officer (Age 51)
  • Mr. Kevin J. Zaba, Group Exec. and Pres of Process & Motion Control Platform (Age 51)
  • Mr. Michael D. Troutman, Chief Information Officer (Age 51)

Has Rexnord been receiving favorable news coverage?

News coverage about RXN stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rexnord earned a coverage optimism score of 0.18 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Rexnord.

Who are Rexnord's major shareholders?

Rexnord's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (14.52%), BlackRock Inc. (7.08%), FMR LLC (5.97%), Jennison Associates LLC (3.35%), Dimensional Fund Advisors LP (2.73%) and Channing Capital Management LLC (2.72%). Company insiders that own Rexnord stock include Craig Wehr, Michael Troutman 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 BlackRock Inc., Water Asset Management LLC, Victory Capital Management Inc., Broadview Advisors LLC, Rothschild Asset Management Inc., Douglas Lane & Associates LLC, American Century Companies Inc. and Channing Capital Management LLC. View Insider Buying and Selling for Rexnord.

Which institutional investors are buying Rexnord stock?

RXN stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Federated Investors Inc. PA, Macquarie Group Ltd., Robecosam AG, Waddell & Reed Financial Inc., Millennium Management LLC, Point72 Asset Management L.P. and Bank of New York Mellon Corp. 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 $31.52.

How big of a company is Rexnord?

Rexnord has a market capitalization of $3.22 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.

How can I contact Rexnord?

Rexnord's mailing address is 247 FRESHWATER WAY SUITE 300, 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:  2.4 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  474
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 9/20/2018 by MarketBeat.com Staff

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