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

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

Rexnord Corp (NYSE:RXN) announced its quarterly earnings data on Monday, May, 14th. The industrial products company reported $0.42 EPS for the quarter, beating the Zacks' consensus estimate of $0.39 by $0.03. The industrial products company had revenue of $575 million for the quarter, compared to the consensus estimate of $552.47 million. Rexnord had a net margin of 3.67% and a return on equity of 13.38%. The firm's revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. View Rexnord's Earnings History.

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

8 equities research analysts have issued 1-year price targets for Rexnord's stock. Their predictions range from $27.00 to $35.00. On average, they anticipate Rexnord's share price to reach $30.8333 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Ratings for Rexnord.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Rexnord include Zebra Technologies (ZBRA), Gardner Denver (GDI), Gates Industrial (GTES), IMI PLC/S (IMIAY), Twin Disc (TWIN) and Graham (GHM).

News stories about RXN stock have been trending somewhat negative this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rexnord earned a daily sentiment score of -0.04 on Accern's scale. They also gave news articles about the industrial products company an impact score of 43.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Rexnord's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.11%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, Michael Troutman and Todd A Adams. View Institutional Ownership Trends for Rexnord.

RXN stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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.

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.

One share of RXN stock can currently be purchased for approximately $29.24.

Rexnord has a market capitalization of $3.02 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.

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]