Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. It operates through the Process and Motion Control, and Water Management segments. The Process and Motion Control segment designs, manufactures and markets engineered mechanical components such as gears, couplings, industrial, aerospace bearings, and seals which are used within complex systems. The Water Management segment designs, procures, manufactures and markets products for water quality, safety, flow control enhancements, and conservation. The company was founded by Christopher W. Levalley, F. W. Sivyer and W. A. Draves in 1891 and is headquartered in Milwaukee, WI.
Industry, Sector and Symbol
Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone414-643-3739
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.05 billion
Profitability
Miscellaneous
Employees6,700
Next Earnings Date7/29/2019 (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) announced its quarterly earnings data on Wednesday, May, 8th. The industrial products company reported $0.51 EPS for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.04. The industrial products company earned $537.50 million during the quarter, compared to the consensus estimate of $543.89 million. Rexnord had a net margin of 1.68% and a return on equity of 19.22%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. View Rexnord's Earnings History.
When is Rexnord's next earnings date?
What price target have analysts set for RXN?
7 brokers have issued 12 month price targets for Rexnord's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Rexnord's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 16.0% 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?
Media coverage about RXN stock has trended positive this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rexnord earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Rexnord's key competitors?
What other stocks do shareholders of Rexnord own?
Who are Rexnord's key executives?
Rexnord's management team includes the folowing people:
- Todd Alan Adams, President, Chief Executive Officer & Director
- Mark W. Peterson, CFO, Principal Accounting Officer & Senior VP
- Michael D Troutman, Chief Information Officer
- Patricia Mengler Whaley, Secretary, Vice President & General Counsel
- Rodney Jackson, Senior VP-Business & Corporate Development
Who are Rexnord's major shareholders?
Rexnord's stock is owned by many different of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (14.06%), BlackRock Inc. (7.51%), FMR LLC (5.81%), Goldman Sachs Group Inc. (4.12%), Jennison Associates LLC (3.21%) and Dimensional Fund Advisors LP (2.80%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, George J Powers, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra, Theodore D Crandall and Todd A Adams. View Institutional Ownership Trends for Rexnord.
Which institutional investors are selling Rexnord stock?
RXN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, Morgan Stanley, Skyline Asset Management LP, CIBC Private Wealth Group LLC, Wellington Management Group LLP, Zurcher Kantonalbank Zurich Cantonalbank and Man Group plc. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr, George J Powers, Mark W Peterson, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra and Todd A Adams. View Insider Buying and Selling for Rexnord.
Which institutional investors are buying Rexnord stock?
RXN stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., TimesSquare Capital Management LLC, Marshall Wace LLP, Rice Hall James & Associates LLC, Macquarie Group Ltd., Wells Fargo & Company MN, Charles Schwab Investment Management Inc. and Federated Investors Inc. PA. Company insiders that have bought Rexnord stock in the last two years include 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 $26.72.
How big of a company is Rexnord?
Rexnord has a market capitalization of $2.80 billion and generates $2.05 billion in revenue each year. The industrial products company earns $34.30 million in net income (profit) each year or $1.85 on an earnings per share basis. Rexnord employs 6,700 workers across the globe.
What is Rexnord's official website?
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)
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.
