Regal Rexnord (NYSE:RRX – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 9.600-10.400 for the period, compared to the consensus earnings per share estimate of 10.330. The company issued revenue guidance of -.
Regal Rexnord Stock Performance
Shares of RRX traded down $0.15 during trading hours on Wednesday, reaching $154.74. 709,147 shares of the company traded hands, compared to its average volume of 508,159. The stock’s fifty day moving average is $161.31 and its 200 day moving average is $163.10. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 2.45. The stock has a market cap of $10.25 billion, a P/E ratio of 48.81, a price-to-earnings-growth ratio of 1.53 and a beta of 1.03. Regal Rexnord has a 1-year low of $130.94 and a 1-year high of $185.28.
Regal Rexnord (NYSE:RRX – Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.22). Regal Rexnord had a return on equity of 9.48% and a net margin of 3.41%. Equities research analysts anticipate that Regal Rexnord will post 9.24 earnings per share for the current fiscal year.
Regal Rexnord Announces Dividend
Analysts Set New Price Targets
Several equities analysts have recently issued reports on RRX shares. StockNews.com lowered Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th. The Goldman Sachs Group increased their price objective on shares of Regal Rexnord from $191.00 to $213.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group started coverage on shares of Regal Rexnord in a research report on Thursday, December 12th. They set a “buy” rating and a $215.00 target price for the company. Barclays decreased their price objective on Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Robert W. Baird reduced their target price on Regal Rexnord from $223.00 to $208.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Regal Rexnord presently has an average rating of “Moderate Buy” and an average target price of $202.00.
Get Our Latest Stock Analysis on Regal Rexnord
Insider Activity at Regal Rexnord
In related news, CEO Louis V. Pinkham sold 8,774 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $180.03, for a total value of $1,579,583.22. Following the transaction, the chief executive officer now directly owns 149,618 shares in the company, valued at approximately $26,935,728.54. This represents a 5.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.82% of the stock is owned by insiders.
Regal Rexnord Company Profile
Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.
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