Rexnord Corporation Company Profile (NYSE:RXN)

About Rexnord Corporation

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: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NYSE
  • Symbol: RXN
  • CUSIP: 76169B10
Key Metrics:
  • Previous Close: $22.04
  • 50 Day Moving Average: $21.96
  • 200 Day Moving Average: $20.86
  • 52-Week Range: $15.80 - $22.97
  • Trailing P/E Ratio: 51.50
  • Foreward P/E Ratio: 16.21
  • P/E Growth: 2.94
  • Market Cap: $2.28B
  • Outstanding Shares: 103,426,000
  • Beta: 1.62
Profitability:
  • Net Margins: 2.43%
  • Return on Equity: 19.52%
  • Return on Assets: 4.16%
Debt:
  • Debt-to-Equity Ratio: 1.59%
  • Current Ratio: 3.01%
  • Quick Ratio: 2.09%
Additional Links:
Companies Related to Rexnord Corporation:

Analyst Ratings

Consensus Ratings for Rexnord Corporation (NYSE:RXN) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $23.67 (7.38% upside)

Analysts' Ratings History for Rexnord Corporation (NYSE:RXN)
Show:
DateFirmActionRatingPrice TargetDetails
11/29/2016KeyCorpBoost Price TargetOverweight$22.00 -> $24.00View Rating Details
11/8/2016Robert W. BairdUpgradeNeutral -> Outperform$21.00View Rating Details
10/24/2016Barclays PLCUpgradeEqual Weight -> Overweight$20.00 -> $26.00View Rating Details
7/9/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
2/4/2016WedbushReiterated RatingHold$25.00 -> $20.00View Rating Details
2/3/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
11/3/2015SunTrust Banks, Inc.Initiated CoverageBuy$22.00View Rating Details
10/2/2015Bank of America CorpLower Price Target$20.00 -> $17.00View Rating Details
8/6/2015Deutsche Bank AGLower Price TargetHold$26.00 -> $23.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Rexnord Corporation (NYSE:RXN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/16/2017        
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$501.25 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)
Current Year EPS Consensus Estimate: $1.31 EPS
Next Year EPS Consensus Estimate: $1.36 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168$0.37$0.46$0.41
Q2 20163$0.31$0.37$0.35
Q3 20163$0.36$0.40$0.38
Q4 20163$0.33$0.34$0.33
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 20181$0.30$0.30$0.30
Q2 20181$0.34$0.34$0.34
Q3 20181$0.30$0.30$0.30
Q4 20181$0.38$0.38$0.38
(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 History for Rexnord Corporation (NYSE:RXN)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 94.97%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Rexnord Corporation (NYSE:RXN)
DateHeadline
finance.yahoo.com logoRexnord to Participate in Gabelli & Company Pump, Valve, & Water Systems Symposium (NYSE:RXN)
finance.yahoo.com - February 21 at 5:12 PM
finance.yahoo.com logoRexnord to Participate in Barclays Industrial Select Conference (NYSE:RXN)
finance.yahoo.com - February 16 at 7:20 PM
marketwatch.com logoHow Trump’s use of Twitter is creating credit risk for companies (NYSE:RXN)
us.rd.yahoo.com - February 11 at 4:28 AM
News Icon‘Real Kick in the Ass’: Company to Make Move to Mexico Despite Prior Warnings From Trump (NYSE:RXN)
www.mediaite.com - February 9 at 4:51 AM
reuters.com logoFactbox: Company shares mostly able to recover from Trump tweets (NYSE:RXN)
www.reuters.com - February 9 at 4:51 AM
bizjournals.com logoCEO: Rexnord holding firm on Mexico plans despite Trump tariff threat (NYSE:RXN)
www.bizjournals.com - February 3 at 11:44 PM
News IconRexnord Sales Decrease 2% in 3Q (NYSE:RXN)
www.mdm.com - February 3 at 3:34 AM
4-traders.com logoRexnord : beats 3Q profit forecasts (NYSE:RXN)
www.4-traders.com - February 3 at 3:34 AM
seekingalpha.com logoRexnord's (RXN) CEO Todd Alan Adams on Q3 2017 Results - Earnings Call Transcript (NYSE:RXN)
seekingalpha.com - February 3 at 3:34 AM
marketexclusive.com logoREXNORD CORPORATION (NYSE:RXN) Files An 8-K Results of Operations and Financial Condition (NYSE:RXN)
marketexclusive.com - February 3 at 3:34 AM
biz.yahoo.com logoRexnord Corp Earnings Call scheduled for 8:00 am ET today (NYSE:RXN)
biz.yahoo.com - February 3 at 3:34 AM
biz.yahoo.com logoQ3 2017 Rexnord Corp Earnings Release - After Market Close (NYSE:RXN)
us.rd.yahoo.com - February 2 at 12:34 AM
us.rd.yahoo.com logoRexnord Reports Q3 FY2017 Financial Results and Affirms FY2017 Operating Outlook (NYSE:RXN)
us.rd.yahoo.com - February 2 at 12:34 AM
us.rd.yahoo.com logo4:27 pm Rexnord beats by $0.01, misses on revs; guides FY17 EPS in-line (NYSE:RXN)
us.rd.yahoo.com - February 2 at 12:34 AM
sg.finance.yahoo.com logoRexnord beats 3Q profit forecasts (NYSE:RXN)
sg.finance.yahoo.com - February 2 at 12:34 AM
News IconFactory Mutual Insurance Company Lifted Holding in Cvs Health Corp (CVS) by $4.40 Million (NYSE:RXN)
randolphguide.com - January 28 at 6:17 AM
News IconRexnord Employees Eligible For Federal Assistance (NYSE:RXN)
www.insideindianabusiness.com - January 28 at 6:16 AM
investopedia.com logoStocks Surging Into Major Resistance (CX, RXN) (NYSE:RXN)
www.investopedia.com - January 23 at 7:58 PM
finance.yahoo.com logoRexnord Declares Dividend on Mandatory Convertible Preferred Stock (NYSE:RXN)
finance.yahoo.com - January 20 at 11:23 PM
News IconOut-of-Touch Elite: What They Can Learn From Donald Trump (NYSE:RXN)
www.foxbusiness.com - January 18 at 1:03 AM
finance.yahoo.com logoRexnord Schedules Q3 FY2017 Earnings Release and Investor Conference Call (NYSE:RXN)
finance.yahoo.com - January 17 at 8:01 PM
zacks.com logoBear of the Day: Rexnord (RXN) (NYSE:RXN)
www.zacks.com - January 12 at 3:16 AM
marketexclusive.com logoREXNORD CORPORATION (NYSE:RXN) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (NYSE:RXN)
marketexclusive.com - January 10 at 10:21 PM
biz.yahoo.com logoREXNORD CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statement (NYSE:RXN)
biz.yahoo.com - January 9 at 9:06 PM
finance.yahoo.com logoFactbox - Trump tweets jolt shares of targeted companies (NYSE:RXN)
in.finance.yahoo.com - January 6 at 9:10 PM
capitalcube.com logoRexnord Corp. breached its 50 day moving average in a Bullish Manner : RXN-US : January 5, 2017 (NYSE:RXN)
www.capitalcube.com - January 6 at 3:26 AM
finance.yahoo.com logoHere's the template for Trump's dealmaking on jobs (NYSE:RXN)
finance.yahoo.com - January 5 at 6:08 AM
finance.yahoo.com logoFalling Earnings Estimates Signal Weakness Ahead for Rexnord (RXN) (NYSE:RXN)
finance.yahoo.com - January 3 at 9:50 AM
nasdaq.com logoFirst Week of August 2017 Options Trading For Rexnord (RXN) (NYSE:RXN)
www.nasdaq.com - December 31 at 1:01 AM
capitalcube.com logoRexnord Corp. – Value Analysis (NYSE:RXN) : December 21, 2016 (NYSE:RXN)
www.capitalcube.com - December 21 at 10:10 PM
News IconRexnord Details Layoff Timeline (NYSE:RXN)
www.insideindianabusiness.com - December 20 at 2:28 PM
capitalcube.com logoRexnord Corp. breached its 50 day moving average in a Bullish Manner : RXN-US : December 20, 2016 (NYSE:RXN)
www.capitalcube.com - December 20 at 2:28 PM
us.rd.yahoo.com logoREXNORD CORP Financials (NYSE:RXN)
us.rd.yahoo.com - December 17 at 8:29 PM
News IconRexnord plans to lay off 350 IN employees despite Trump criticism (NYSE:RXN)
prensariotiretail.com - December 17 at 3:14 AM
News IconUnion, Rexnord Reach Severance Agreement (NYSE:RXN)
www.insideindianabusiness.com - December 17 at 3:14 AM
biz.yahoo.com logoREXNORD CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio (NYSE:RXN)
us.rd.yahoo.com - December 16 at 10:13 PM
bizjournals.com logoRexnord finalizes plans to close Indianapolis plant, despite Trump's 'no more' tweet (NYSE:RXN)
us.rd.yahoo.com - December 16 at 10:13 PM
wsj.com logo[$$] Indiana Firm Rexnord Signals Move to Mexico Despite Trump Criticism (NYSE:RXN)
www.wsj.com - December 16 at 10:13 PM
cnn.com logoRexnord, down the road from Carrier, finalizes deal to ship 300 jobs to Mexico (NYSE:RXN)
money.cnn.com - December 16 at 4:21 PM
cnbc.com logoManufacturer slammed by Trump reaches severance deal for 300 workers (NYSE:RXN)
www.cnbc.com - December 16 at 3:31 PM
feeds.reuters.com logoBRIEF-Rexnord entered into incremental assumption agreement providing new term lean of about 1.6 bln (NYSE:RXN)
feeds.reuters.com - December 16 at 2:30 PM
usatoday.com logoRexnord workers caught in Trump vs. union war of words (NYSE:RXN)
www.usatoday.com - December 9 at 9:00 AM
moodys.com logoRBS Global, Inc. -- Moody's Affirms RBS Global's (Rexnord) CFR at B2; Outlook remains Stable (NYSE:RXN)
www.moodys.com - December 8 at 8:06 PM
finance.yahoo.com logoRexnord's Future Bleak on Macro, Micro Woes: Time to Sell? (NYSE:RXN)
finance.yahoo.com - December 8 at 8:41 AM
bizjournals.com logoRexnord plant-closing efforts continue, despite Trump tweet (NYSE:RXN)
www.bizjournals.com - December 8 at 12:32 AM
biz.yahoo.com logoREXNORD CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to Rights of Secur (NYSE:RXN)
biz.yahoo.com - December 7 at 7:31 PM
thestreet.com logoBoeing Shares Slip After Trump Slams Air Force One Replacement Costs (NYSE:RXN)
us.rd.yahoo.com - December 6 at 7:20 PM
thestreet.com logoWill Rexnord Get Help or Criticism From the Next White House? (NYSE:RXN)
us.rd.yahoo.com - December 6 at 7:20 PM
us.rd.yahoo.com logoRexnord Corporation Launches Proposed Syndication of Senior Secured Credit Facility (NYSE:RXN)
us.rd.yahoo.com - December 6 at 7:20 PM
feeds.reuters.com logoBRIEF-Rexnord Corp launches proposed syndication of senior secured credit facility (NYSE:RXN)
feeds.reuters.com - December 6 at 6:21 PM

Social

What is Rexnord Corporation's stock symbol?

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

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

5 analysts have issued 12 month price objectives for Rexnord Corporation's shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate Rexnord Corporation's stock price to reach $23.67 in the next twelve months.

When will Rexnord Corporation announce their earnings?

Rexnord Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, May, 16th 2017.

Who owns Rexnord Corporation stock?

Rexnord Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Janus Capital Management LLC (12.13%), FMR LLC (8.63%), JPMorgan Chase & Co (6.30%), Dimensional Fund Advisors LP (2.28%), State Street Corp (1.46%) and Credit Agricole S A (1.19%). Company insiders that own Rexnord Corporation stock include David C Longren, John S Stroup, Mark W Peterson, Paul W Jones, Rodney Jackson and Todd A Adams.

Who sold Rexnord Corporation stock? Who is selling Rexnord Corporation stock?

Rexnord Corporation's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Marshall Wace LLP, Boothbay Fund Management LLC, Cipher Capital LP and Metropolitan Life Insurance Co. NY. Company insiders that have sold Rexnord Corporation stock in the last year include John S Stroup and Todd A Adams.

Who bought Rexnord Corporation stock? Who is buying Rexnord Corporation stock?

Rexnord Corporation's stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Credit Agricole S A, Allianz Asset Management AG, Russell Investments Group Ltd., FMR LLC, Two Sigma Investments LP, Levin Capital Strategies L.P. and Alyeska Investment Group L.P.. Company insiders that have bought Rexnord Corporation stock in the last two years include David C Longren, John S Stroup, Mark W Peterson, Paul W Jones, Rodney Jackson and Todd A Adams.

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.

How much does a share of Rexnord Corporation stock cost?

One share of Rexnord Corporation stock can currently be purchased for approximately $22.04.

Rexnord Corporation (NYSE:RXN) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Rexnord Corporation (NYSE:RXN)

Earnings History Chart

Earnings by Quarter for Rexnord Corporation (NYSE:RXN)

Dividend History Chart

Dividend Payments by Quarter for Rexnord Corporation (NYSE:RXN)

Last Updated on 2/26/2017 by MarketBeat.com Staff