NYSE:RXN - Rexnord Stock Price, Price Target & More

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$29.75 -0.32 (-1.06 %)
(As of 06/21/2018 11:49 AM ET)
Previous Close$29.96
Today's Range$29.33 - $29.96
52-Week Range$22.52 - $31.44
Volume9,774 shs
Average Volume521,630 shs
Market Capitalization$3.09 billion
P/E Ratio21.63
Dividend YieldN/A
Beta1.63
Rexnord logoRexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. The company operates in two segments, Process & Motion Control Platform and Water Management Platform. It offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, 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, such as couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. The company also provides valve products, engineered water distribution solutions, drainage products, and site works products; water conservation products; and water and wastewater infrastructure products. It sells products through 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, FlatTop, Falk, Link-Belt Cambridge, Addax, Euroflex, Omega, PSI, Shafer, Stearns, Highfield, Thomas, Tollok, Zurn, Wilkins, GA, Green Turtle, VAG, Aquaflush, AquaSense, AquaVantage, AquaSpec, EcoVantage, and Zurn One brands. Rexnord Corporation was incorporated in 2006 and is based in Milwaukee, Wisconsin.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.11
Current Ratio2.20
Quick Ratio1.44

Price-To-Earnings

Trailing P/E Ratio21.63
Forward P/E Ratio17.40
P/E Growth1.39

Sales & Book Value

Annual Sales$2.07 billion
Price / Sales1.50
Cash Flow$2.3062 per share
Price / Cash12.90
Book Value$11.66 per share
Price / Book2.55

Profitability

EPS (Most Recent Fiscal Year)$1.39
Net Income$75.90 million
Net Margins3.67%
Return on Equity13.38%
Return on Assets4.55%

Miscellaneous

Employees8,300
Outstanding Shares104,330,000

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) released its quarterly earnings results on Monday, May, 14th. The industrial products company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.03. The industrial products company earned $575 million during the quarter, compared to analyst estimates of $552.47 million. Rexnord had a return on equity of 13.38% and a net margin of 3.67%. The business's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 EPS. View Rexnord's Earnings History.

When is Rexnord's next earnings date?

Rexnord is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Rexnord.

What price target have analysts set for RXN?

8 brokerages have issued twelve-month price objectives for Rexnord's stock. Their forecasts range from $27.00 to $33.00. On average, they anticipate Rexnord's stock price to reach $30.50 in the next twelve months. 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, Chief Exec. Officer & Director (Age 47)
  • Mr. Mark W. Peterson, Sr. VP & CFO (Age 46)
  • Mr. Kevin J. Zaba, Group Exec. and Pres of Process & Motion Control Platform (Age 51)
  • Mr. Craig G. Wehr, Group Exec. & Pres of Zurn (Age 53)
  • Mr. Matthew J. Stillings, Group Exec. & Pres of Water Management Platform (Age 47)

Has Rexnord been receiving favorable news coverage?

News coverage about RXN stock has trended somewhat positive on Thursday, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rexnord earned a news sentiment score of 0.13 on Accern's scale. They also gave media stories about the industrial products company an impact score of 45.84 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Rexnord's major shareholders?

Rexnord's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.30%), Dimensional Fund Advisors LP (2.66%), Wells Fargo & Company MN (1.98%), Lord Abbett & CO. LLC (1.43%), State of New Jersey Common Pension Fund D (1.31%) and Northern Trust Corp (1.22%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, Michael Troutman and Todd A Adams. View Institutional Ownership Trends for Rexnord.

Which major investors are selling Rexnord stock?

RXN stock was sold by a variety of institutional investors in the last quarter, including Water Asset Management LLC, Millennium Management LLC, State of New Jersey Common Pension Fund D, Amundi Pioneer Asset Management Inc., Interval Partners LP, Skyline Asset Management LP, Broadview Advisors LLC and KBC Group NV. View Insider Buying and Selling for Rexnord.

Which major investors are buying Rexnord stock?

RXN stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Cortina Asset Management LLC, Wells Fargo & Company MN, BlackRock Inc., Rothschild Asset Management Inc., Crescent Grove Advisors LLC, ClariVest Asset Management LLC and King Luther Capital Management Corp. Company insiders that have bought Rexnord stock in the last two years include Craig Wehr and David C Longren. 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 $29.74.

How big of a company is Rexnord?

Rexnord has a market capitalization of $3.09 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 (RXN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  416
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 6/21/2018 by MarketBeat.com Staff

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