The stock of Regal Rexnord Corp (RRX) has gone up by 11.54% for the week, with a 3.73% rise in the past month and a 16.27% rise in the past quarter. The volatility ratio for the week is 3.88%, and the volatility levels for the past 30 days are 3.59% for RRX. The simple moving average for the past 20 days is 5.18% for RRX’s stock, with a 8.43% simple moving average for the past 200 days.
Is It Worth Investing in Regal Rexnord Corp (NYSE: RRX) Right Now?
RRX has 36-month beta value of 1.05. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RRX is 66.16M, and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of RRX on September 19, 2024 was 453.71K shares.
RRX) stock’s latest price update
Regal Rexnord Corp (NYSE: RRX)’s stock price has increased by 1.20 compared to its previous closing price of 163.75. However, the company has seen a 11.54% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-17 that MILWAUKEE, Sept. 17, 2024 /PRNewswire/ — Regal Rexnord Corporation (NYSE: RRX) is hosting its 2024 Investor Day today at The Mandarin Oriental Hotel in New York City beginning at 8:30 AM ET.
Analysts’ Opinion of RRX
Wolfe Research, on the other hand, stated in their research note that they expect to see RRX reach a price target of $151. The rating they have provided for RRX stocks is “Outperform” according to the report published on December 11th, 2023.
RRX Trading at 7.57% 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 -9.86% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +5.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.11% upper at present.
During the last 5 trading sessions, RRX rose by +11.54%, which changed the moving average for the period of 200-days by +38.33% in comparison to the 20-day moving average, which settled at $157.97. In addition, Regal Rexnord Corp saw 11.96% 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
- 0.35 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 -0.02, with -0.01 for asset returns.
Based on Regal Rexnord Corp (RRX), the company’s capital structure generated 0.48 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 0.91. The interest coverage ratio of the stock is 1.08.
Currently, EBITDA for the company is 1.14 billion with net debt to EBITDA at 4.61. When we switch over and look at the enterprise to sales, we see a ratio of 2.59. The receivables turnover for the company is 7.12for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
To put it simply, Regal Rexnord Corp (RRX) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
