Additionally, the 36-month beta value for RRX is 1.11. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for RRX is 66.14M and currently, short sellers hold a 1.23% ratio of that float. The average trading volume of RRX on May 24, 2024 was 425.18K shares.
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RRX) stock’s latest price update
Regal Rexnord Corp (NYSE: RRX)’s stock price has dropped by -5.42 in relation to previous closing price of 158.40. Nevertheless, the company has seen a loss of -6.48% in its stock price over the last five trading days. https://www.defenseworld.net reported 2024-05-20 that Regal Rexnord (NYSE:RRX – Get Free Report) is one of 25 publicly-traded companies in the “General industrial machinery,” industry, but how does it weigh in compared to its peers? We will compare Regal Rexnord to related companies based on the strength of its risk, valuation, dividends, earnings, profitability, analyst recommendations and institutional ownership. Risk & Volatility Regal Rexnord has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Regal Rexnord’s peers have a beta of 1.29, indicating that their average share price is 29% more volatile than the S&P 500. Profitability This table compares Regal Rexnord and its peers’ net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Regal Rexnord -0.48% 9.42% 3.86% Regal Rexnord Competitors -284.51% -485.84% -29.16% Earnings and Valuation This table compares Regal Rexnord and its peers revenue, earnings per share and valuation. Gross Revenue Net Income Price/Earnings Ratio Regal Rexnord $6.25 billion -$57.40 million -332.67 Regal Rexnord Competitors $1.13 billion -$13.43 million -28.42 Regal Rexnord has higher revenue, but lower earnings than its peers. Regal Rexnord is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry. Analyst Ratings This is a breakdown of current ratings and recommmendations for Regal Rexnord and its peers, as provided by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Regal Rexnord 0 0 5 0 3.00 Regal Rexnord Competitors 95 261 374 8 2.40 Regal Rexnord presently has a consensus target price of $195.60, indicating a potential upside of 22.49%. As a group, “General industrial machinery,” companies have a potential upside of 5.56%. Given Regal Rexnord’s stronger consensus rating and higher probable upside, equities analysts clearly believe Regal Rexnord is more favorable than its peers. Institutional & Insider Ownership 99.7% of Regal Rexnord shares are held by institutional investors. Comparatively, 47.1% of shares of all “General industrial machinery,” companies are held by institutional investors. 0.8% of Regal Rexnord shares are held by insiders. Comparatively, 13.6% of shares of all “General industrial machinery,” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Dividends Regal Rexnord pays an annual dividend of $1.40 per share and has a dividend yield of 0.9%. Regal Rexnord pays out -291.7% of its earnings in the form of a dividend. As a group, “General industrial machinery,” companies pay a dividend yield of 0.8% and pay out 34.1% of their earnings in the form of a dividend. Regal Rexnord has raised its dividend for 19 consecutive years. Regal Rexnord is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio. Summary Regal Rexnord beats its peers on 10 of the 15 factors compared. About Regal Rexnord (Get Free Report) 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. The Power Efficiency Solutions segment offers AC and DC motors, electronic variable speed controls, and blowers for residential, commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, agriculture, conveying, and general commercial equipment markets. The Automation and Motion Control segment provides conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solutions, high-efficiency miniature motors, motion controls, automation transfer switches, and switchgear for industrial applications and automation systems for material handling, aerospace and defense, factory automation, data centers, medical device, packaging, printing, semiconductor, robotic, industrial power tool, mobile off-highway, food and beverage processing, and other applications. The Industrial Systems segment offers integral motors, alternators, and aftermarket parts and kits for agriculture, marine, mining, oil and gas, food and beverage, data centers, prime and standby power, and general industrial equipment markets. It sells its products directly to original equipment manufacturers, distributors, and end-users. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is based in Milwaukee, Wisconsin.
RRX’s Market Performance
RRX’s stock has fallen by -6.48% in the past week, with a monthly drop of -8.77% and a quarterly drop of -11.07%. The volatility ratio for the week is 2.79% while the volatility levels for the last 30 days are 2.93% for Regal Rexnord Corp The simple moving average for the last 20 days is -7.38% for RRX’s stock, with a simple moving average of 1.47% for the last 200 days.
Analysts’ Opinion of RRX
Many brokerage firms have already submitted their reports for RRX stocks, with Wolfe Research repeating the rating for RRX by listing it as a “Outperform.” The predicted price for RRX in the upcoming period, according to Wolfe Research is $151 based on the research report published on December 11, 2023 of the previous year 2023.
Barclays gave a rating of “Overweight” to RRX, setting the target price at $200 in the report published on December 16th of the previous year.
RRX Trading at -10.45% from the 50-Day Moving Average
After a stumble in the market that brought RRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.51% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares sank -7.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.22% lower at present.
During the last 5 trading sessions, RRX fell by -6.48%, which changed the moving average for the period of 200-days by -7.21% in comparison to the 20-day moving average, which settled at $161.15. In addition, Regal Rexnord Corp saw 1.22% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RRX starting from Valentyn Thomas E, who sale 647 shares at the price of $169.70 back on Feb 27 ’24. After this action, Valentyn Thomas E now owns 28,412 shares of Regal Rexnord Corp, valued at $109,796 using the latest closing price.
Valentyn Thomas E, the EVP, General Counsel & Sec.* of Regal Rexnord Corp, sale 1,931 shares at $166.09 during a trade that took place back on Feb 22 ’24, which means that Valentyn Thomas E is holding 27,180 shares at $320,720 based on the most recent closing price.
Stock Fundamentals for RRX
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.34 for the gross margin
The net margin for Regal Rexnord Corp stands at -0.0. The total capital return value is set at 0.03. Equity return is now at value -0.50, with -0.20 for asset returns.
Based on Regal Rexnord Corp (RRX), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is 0.98.
Currently, EBITDA for the company is 1.14 billion with net debt to EBITDA at 5.11. When we switch over and look at the enterprise to sales, we see a ratio of 2.42. The receivables turnover for the company is 7.94for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.62.
Conclusion
In conclusion, Regal Rexnord Corp (RRX) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high..
