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

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$27.88 +0.17 (+0.61 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$27.71
Today's Range$27.58 - $28.11
52-Week Range$21.38 - $32.11
Volume441,900 shs
Average Volume661,778 shs
Market Capitalization$2.92 billion
P/E Ratio20.06
Dividend YieldN/A
Beta1.59
Rexnord 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.07 billion
Cash Flow$2.2871 per share
Book Value$11.26 per share

Profitability

Net Income$75.90 million

Miscellaneous

Employees8,300
Market Cap$2.92 billion
Next Earnings Date5/13/2019 (Estimated)
OptionableOptionable

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 earnings results on Wednesday, January, 30th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. The industrial products company had revenue of $485 million for the quarter, compared to analyst estimates of $487.19 million. Rexnord had a negative net margin of 3.58% and a positive return on equity of 18.32%. Rexnord's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 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 Monday, May 13th 2019. View Earnings Estimates for Rexnord.

What price target have analysts set for RXN?

7 equities research analysts have issued 12-month target prices for Rexnord's shares. Their forecasts range from $25.00 to $35.00. On average, they anticipate Rexnord's share price to reach $31.00 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for Rexnord.

What is the consensus analysts' recommendation for Rexnord?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rexnord.

Has Rexnord been receiving favorable news coverage?

News coverage about RXN stock has been trending positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rexnord earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the next several days.

Who are some of Rexnord's key competitors?

What other stocks do shareholders of Rexnord own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rexnord investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Chaarat Gold (CGH), Ciena (CIEN), First Data (FDC), tronc (TRNC), Zynga (ZNGA), Air Canada (AC) and China Unicom (Hong Kong) (CHU).

Who are Rexnord's key executives?

Rexnord's management team includes the folowing people:
  • Mr. Todd A. Adams, Pres, CEO & Director (Age 48)
  • Mr. Mark W. Peterson, Sr. VP & CFO (Age 47)
  • Mr. George J. Powers, Chief HR Officer (Age 52)
  • Mr. Kevin J. Zaba, Group Exec. and Pres of Process & Motion Control Platform (Age 52)
  • Mr. Michael D. Troutman, Chief Information Officer (Age 52)

Who are Rexnord's major shareholders?

Rexnord's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.50%), Impax Asset Management Group plc (3.62%), Jennison Associates LLC (3.25%), Dimensional Fund Advisors LP (2.75%), Channing Capital Management LLC (2.34%) and Bank of New York Mellon Corp (1.72%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, Michael Troutman, Theodore D Crandall 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 Channing Capital Management LLC, Amundi Pioneer Asset Management Inc., D. E. Shaw & Co. Inc., Lord Abbett & CO. LLC, Barclays PLC, KBC Group NV, Bank of Montreal Can and SG Americas Securities LLC. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr and Todd A Adams. View Insider Buying and Selling for Rexnord.

Which major investors are buying Rexnord stock?

RXN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Impax Asset Management Group plc, Millennium Management LLC, Arrowgrass Capital Partners US LP, Robecosam AG, Geode Capital Management LLC, Bank of New York Mellon Corp and Rhumbline Advisers. Company insiders that have bought Rexnord stock in the last two years include Craig Wehr, David C Longren and Theodore D Crandall. 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 $27.88.

How big of a company is Rexnord?

Rexnord has a market capitalization of $2.92 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.

What is Rexnord's official website?

The official website for Rexnord is http://www.rexnord.com.

How can I contact Rexnord?

Rexnord's mailing address is 511 West Freshwater Way, 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:  2.5 out of 5 (star star half star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  539
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 2/22/2019 by MarketBeat.com Staff

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