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: $2.68598 billion
  • Outstanding Shares: 103,746,000
Average Prices:
  • 50 Day Moving Avg: $25.18
  • 200 Day Moving Avg: $23.89
  • 52 Week Range: $15.80 - $26.24
P/E:
  • Trailing P/E Ratio: 39.23
  • Foreward P/E Ratio: 17.03
  • P/E Growth: 2.27
Sales & Book Value:
  • Annual Revenue: $1.93 billion
  • Price / Sales: 1.39
  • Book Value: $10.76 per share
  • Price / Book: 2.41
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: 803,314 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) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.01. The firm earned $487.70 million during the quarter, compared to analyst estimates of $484.20 million. Rexnord Corporation had a net margin of 4.22% and a return on equity of 14.27%. The company's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 equities research analysts have issued 12-month target prices for Rexnord Corporation's stock. Their predictions range from $24.00 to $27.00. On average, they anticipate Rexnord Corporation's share 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 many different of retail and institutional investors. Top institutional shareholders include EDGEPOINT INVESTMENT GROUP INC. (5.10%), Douglas Lane & Associates LLC (0.38%) and Quantitative Systematic Strategies LLC (0.01%). 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.

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 Douglas Lane & Associates LLC. Company insiders that have sold Rexnord Corporation stock in the last year include Michael Troutman and Todd A Adams. View Insider Buying and Selling for Rexnord Corporation.

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 Quantitative Systematic Strategies LLC. Company insiders that have bought Rexnord Corporation stock in the last two years include Craig Wehr, David C Longren and Paul W Jones. View Insider Buying and Selling 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 $25.89.


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 (0.42% 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 10/22/2015 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
11/1/2017$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)

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Rexnord Corporation (RXN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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