Rexnord Corp Company Profile (NYSE:RXN)

About Rexnord Corp (NYSE:RXN)

Rexnord Corp 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
  • Symbol: NYSE:RXN
  • CUSIP: 76169B10
  • Web: www.rexnord.com
Capitalization:
  • Market Cap: $2.38 billion
  • Outstanding Shares: 103,661,000
Average Prices:
  • 50 Day Moving Avg: $23.34
  • 200 Day Moving Avg: $22.10
  • 52 Week Range: $15.80 - $25.00
P/E:
  • Trailing P/E Ratio: 35.94
  • Foreward P/E Ratio: 14.94
  • P/E Growth: 2.02
Sales & Book Value:
  • Annual Revenue: $1.92 billion
  • Price / Sales: 1.24
  • Book Value: $10.33 per share
  • Price / Book: 2.23
Profitability:
  • EBIDTA: $320.7 million
  • 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%
Misc:
  • Average Volume: 955,369 shs.
  • Beta: 1.62
  • Short Ratio: 4.98
 

Frequently Asked Questions for Rexnord Corp (NYSE:RXN)

What is Rexnord Corp's stock symbol?

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

How were Rexnord Corp's earnings last quarter?

Rexnord Corp (NYSE:RXN) announced its quarterly earnings data on Wednesday, May, 17th. The company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.02. The firm earned $503.60 million during the quarter, compared to analyst estimates of $493.65 million. Rexnord Corp had a return on equity of 19.52% and a net margin of 2.43%. Rexnord Corp's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 earnings per share. View Rexnord Corp's Earnings History.

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

5 equities research analysts have issued 12-month target prices for Rexnord Corp's shares. Their predictions range from $21.00 to $26.00. On average, they expect Rexnord Corp's stock price to reach $23.67 in the next twelve months. View Analyst Ratings for Rexnord Corp.

Who are some of Rexnord Corp's key competitors?

Who owns Rexnord Corp stock?

Rexnord Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Janus Capital Management LLC (11.58%), Vanguard Group Inc. (8.01%), FMR LLC (6.93%), BlackRock Inc. (5.94%), Jennison Associates LLC (3.79%) and TimesSquare Capital Management LLC (3.08%). Company insiders that own Rexnord Corp stock include David C Longren, John S Stroup, Mark W Peterson, Paul W Jones, Rodney Jackson and Todd A Adams. View Institutional Ownership Trends for Rexnord Corp.

Who sold Rexnord Corp stock? Who is selling Rexnord Corp stock?

Rexnord Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TimesSquare Capital Management LLC, Victory Capital Management Inc., Janus Capital Management LLC, Jennison Associates LLC, Ameriprise Financial Inc., Morgan Stanley and TIAA CREF Investment Management LLC. Company insiders that have sold Rexnord Corp stock in the last year include John S Stroup and Todd A Adams. View Insider Buying and Selling for Rexnord Corp.

Who bought Rexnord Corp stock? Who is buying Rexnord Corp stock?

Rexnord Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Channing Capital Management LLC, Wellington Management Group LLP, Vanguard Group Inc., Point72 Asset Management L.P., GCA Investment Management LLC, Bronson Point Management LLC and Scopus Asset Management L.P.. Company insiders that have bought Rexnord Corp stock in the last two years include David C Longren, Mark W Peterson, Paul W Jones, Rodney Jackson and Todd A Adams. View Insider Buying and Selling for Rexnord Corp.

How do I buy Rexnord Corp stock?

Shares of Rexnord Corp 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 Corp stock cost?

One share of Rexnord Corp stock can currently be purchased for approximately $23.00.

Analyst Ratings

Consensus Ratings for Rexnord Corp (NYSE:RXN) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $23.67 (2.90% upside)

Analysts' Ratings History for Rexnord Corp (NYSE:RXN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/18/2017Oppenheimer Holdings Inc.Reiterated RatingHoldHighView Rating Details
11/29/2016KeyCorpBoost Price TargetOverweight$22.00 -> $24.00N/AView Rating Details
11/8/2016Robert W. BairdUpgradeNeutral -> Outperform$21.00N/AView Rating Details
10/24/2016Barclays PLCUpgradeEqual Weight -> Overweight$20.00 -> $26.00N/AView Rating Details
7/9/2016Credit Suisse Group AGReiterated 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
10/2/2015Bank of America CorpLower Price Target$20.00 -> $17.00N/AView Rating Details
8/6/2015Deutsche Bank AGLower Price TargetHold$26.00 -> $23.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Rexnord Corp (NYSE:RXN)
Earnings by Quarter for Rexnord Corp (NYSE:RXN)
Earnings History by Quarter for Rexnord Corp (NYSE:RXN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 Corp (NYSE:RXN)
2017 EPS Consensus Estimate: $1.33
2018 EPS Consensus Estimate: $1.31
2019 EPS Consensus Estimate: $1.62
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$0.34
Q3 20183$0.27$0.32$0.30
Q4 20183$0.37$0.42$0.39
Q1 20191$0.35$0.35$0.35
Q2 20191$0.43$0.43$0.43
Q3 20191$0.36$0.36$0.36
Q4 20191$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Rexnord Corp (NYSE:RXN)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 94.97%
Insider Trades by Quarter for Rexnord Corp (NYSE:RXN)
Institutional Ownership by Quarter for Rexnord Corp (NYSE:RXN)
Insider Trades by Quarter for Rexnord Corp (NYSE:RXN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp (NYSE:RXN)
Latest Headlines for Rexnord Corp (NYSE:RXN)
Source:
DateHeadline
americanbankingnews.com logo$485.99 Million in Sales Expected for Rexnord Corp (RXN) This Quarter
www.americanbankingnews.com - May 28 at 8:00 AM
americanbankingnews.com logoRexnord Corp (RXN) Expected to Post Earnings of $0.28 Per Share
www.americanbankingnews.com - May 26 at 8:20 PM
finance.yahoo.com logoRexnord to Participate in KeyBanc Capital Markets' 2017 Industrial, Automotive, and Transportation Conference
finance.yahoo.com - May 23 at 7:01 PM
americanbankingnews.com logoRexnord Corp (RXN) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - May 22 at 2:38 PM
americanbankingnews.com logoRexnord Corp (RXN) Forecasted to Post FY2020 Earnings of $1.80 Per Share
www.americanbankingnews.com - May 22 at 10:20 AM
americanbankingnews.com logoKeyCorp Comments on Rexnord Corp's FY2018 Earnings (RXN)
www.americanbankingnews.com - May 22 at 8:16 AM
americanbankingnews.com logoBrokers Offer Predictions for Rexnord Corp's Q1 2018 Earnings (RXN)
www.americanbankingnews.com - May 22 at 7:26 AM
americanbankingnews.com logoSunTrust Banks Brokers Raise Earnings Estimates for Rexnord Corp (RXN)
www.americanbankingnews.com - May 22 at 7:26 AM
americanbankingnews.com logoOppenheimer Holdings Inc. Reiterates "Hold" Rating for Rexnord Corp (RXN)
www.americanbankingnews.com - May 19 at 5:54 PM
americanbankingnews.com logoTheStreet Upgrades Rexnord Corp (RXN) to B
www.americanbankingnews.com - May 19 at 1:38 PM
finance.yahoo.com logoEdited Transcript of RXN earnings conference call or presentation 18-May-17 12:00pm GMT
finance.yahoo.com - May 19 at 12:35 PM
finance.yahoo.com logoRexnord Corp. :RXN-US: Earnings Analysis: 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 12:35 PM
americanbankingnews.com logoFY2018 EPS Estimates for Rexnord Corp (RXN) Cut by Gabelli
www.americanbankingnews.com - May 19 at 12:18 PM
americanbankingnews.com logoRexnord Corp to Post Q1 2018 Earnings of $0.26 Per Share, KeyCorp Forecasts (RXN)
www.americanbankingnews.com - May 19 at 10:37 AM
americanbankingnews.com logoRexnord Corp (RXN) Posts Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - May 17 at 9:04 PM
nasdaq.com logoNoteworthy Tuesday Option Activity: RXN, BMY, TPX
www.nasdaq.com - May 17 at 7:34 PM
finance.yahoo.com logoRexnord Reports Q4 FY17 Financial Results and Initiates FY18 Operating Outlook
finance.yahoo.com - May 17 at 7:34 PM
finance.yahoo.com logoRexnord beats Street 4Q forecasts
finance.yahoo.com - May 17 at 7:34 PM
finance.yahoo.com logoRexnord Corp. breached its 50 day moving average in a Bearish Manner : RXN-US : May 15, 2017
finance.yahoo.com - May 15 at 6:52 PM
bizjournals.com logoPresident Trump again rips Milwaukee-based Rexnord on Twitter
www.bizjournals.com - May 11 at 12:53 AM
finance.yahoo.com logoRexnord Stock Falls After Trump Twitter Attack
finance.yahoo.com - May 8 at 6:59 PM
seekingalpha.com logoTrump calls out Rexnord again
seekingalpha.com - May 8 at 2:19 AM
americanbankingnews.com logo$494.54 Million in Sales Expected for Rexnord Corp (RXN) This Quarter
www.americanbankingnews.com - May 5 at 3:32 PM
americanbankingnews.com logoRexnord Corp (RXN) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 12:37 PM
americanbankingnews.com logoRexnord Corp (RXN) Getting Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 10:52 PM
americanbankingnews.com logo$0.33 EPS Expected for Rexnord Corp (RXN) This Quarter
www.americanbankingnews.com - May 3 at 12:02 PM
americanbankingnews.com logoRexnord Corp (RXN) Earning Somewhat Critical Media Coverage, Analysis Shows
www.americanbankingnews.com - April 30 at 2:42 PM
americanbankingnews.com logoRexnord Corp (RXN) Given News Impact Score of 0.31
www.americanbankingnews.com - April 27 at 11:47 AM
finance.yahoo.com logoRexnord Corp. – Value Analysis (NYSE:RXN) : April 26, 2017
finance.yahoo.com - April 26 at 5:33 PM
finance.yahoo.com logoCORRECTING and REPLACING Rexnord Schedules Q4 FY2017 Earnings Release and Investor Conference Call
finance.yahoo.com - April 25 at 6:42 PM
finance.yahoo.com logoRexnord Corp. breached its 50 day moving average in a Bullish Manner : RXN-US : April 25, 2017
finance.yahoo.com - April 25 at 10:04 AM
americanbankingnews.com logoRexnord Corp (RXN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 24 at 3:06 PM
americanbankingnews.com logoRexnord Corp (RXN) Getting Somewhat Negative News Coverage, Study Finds
www.americanbankingnews.com - April 24 at 11:17 AM
americanbankingnews.com logoFavorable Media Coverage Very Likely to Impact Rexnord Corp (RXN) Stock Price
www.americanbankingnews.com - April 18 at 6:03 PM
americanbankingnews.com logoRexnord Corp (RXN) Receiving Positive News Coverage, Report Shows
www.americanbankingnews.com - April 15 at 12:57 PM
americanbankingnews.com logo$494.4 Million in Sales Expected for Rexnord Corp (RXN) This Quarter
www.americanbankingnews.com - April 14 at 2:38 PM
americanbankingnews.com logoRexnord Corp (RXN) CEO Todd A. Adams Sells 33,000 Shares
www.americanbankingnews.com - April 13 at 7:52 PM
investorplace.com logoRexnord Corp’s Growth Potential Is Solid: Should You Buy RXN Stock?
investorplace.com - April 13 at 9:58 AM
finance.yahoo.com logoWhy Is Rexnord (RXN) Up 5.3% Since the Last Earnings Report?
finance.yahoo.com - April 12 at 1:19 PM
americanbankingnews.com logo$0.33 Earnings Per Share Expected for Rexnord Corp (RXN) This Quarter
www.americanbankingnews.com - April 12 at 7:49 AM
investorplace.com logoRexnord Corp’s Growth Potential Is Solid: Should You Buy RXN Stock?
investorplace.com - April 11 at 1:11 PM
finance.yahoo.com logoRexnord's (RXN) Growth Potential Solid: Should You Buy?
finance.yahoo.com - April 11 at 9:52 AM
americanbankingnews.com logoRexnord Corp (RXN) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 10 at 3:08 PM
americanbankingnews.com logoRexnord Corp (RXN) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - April 10 at 2:45 PM
finance.yahoo.com logoRexnord Corp. breached its 50 day moving average in a Bullish Manner : RXN-US : April 10, 2017
finance.yahoo.com - April 10 at 9:21 AM
finance.yahoo.com logoETFs with exposure to Rexnord Corp. : April 5, 2017
finance.yahoo.com - April 7 at 12:25 PM
finance.yahoo.com logoIs Rexnord Corp. (RXN) a Great Stock for Value Investors?
finance.yahoo.com - April 3 at 7:14 PM
seekingalpha.com logoAmerica's Rising Business Optimism
seekingalpha.com - March 23 at 8:07 PM
uk.finance.yahoo.com logoRexnord to Participate in Bank of America Merrill Lynch Global Industrials & EU Autos Conference
uk.finance.yahoo.com - March 15 at 7:53 PM
zacks.com logoRexnord (RXN) Hits New 52-Week High on Growth Prospects
www.zacks.com - March 15 at 8:52 AM

Social

Chart

Rexnord Corp (RXN) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff