In the past week, RRX stock has gone up by 4.87%, with a monthly decline of -5.67% and a quarterly plunge of -11.96%. The volatility ratio for the week is 2.92%, and the volatility levels for the last 30 days are 3.13% for Regal Rexnord Corp The simple moving average for the last 20 days is 0.36% for RRX stock, with a simple moving average of -1.77% for the last 200 days.
Is It Worth Investing in Regal Rexnord Corp (NYSE: RRX) Right Now?
Regal Rexnord Corp (NYSE: RRX) has a price-to-earnings ratio of 49.43x that is above its average ratio. Additionally, the 36-month beta value for RRX is 1.04. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for RRX is 65.84M and currently, short sellers hold a 2.23% ratio of that float. The average trading volume of RRX on January 20, 2025 was 465.30K shares.
RRX) stock’s latest price update
The stock of Regal Rexnord Corp (NYSE: RRX) has decreased by -1.24 when compared to last closing price of 158.46. Despite this, the company has experienced a 4.87% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-10 that MILWAUKEE, Jan. 10, 2025 /PRNewswire/ — Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its fourth quarter 2024 financial results after the market closes on Wednesday, February 5, 2025. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Thursday, February 6, 2025.
Analysts’ Opinion of RRX
Many brokerage firms have already submitted their reports for RRX stocks, with Jefferies repeating the rating for RRX by listing it as a “Buy.” The predicted price for RRX in the upcoming period, according to Jefferies is $215 based on the research report published on December 12, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see RRX reach a price target of $200. The rating they have provided for RRX stocks is “Buy” according to the report published on October 14th, 2024.
RRX Trading at -5.56% 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 -15.53% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -3.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.06% lower at present.
During the last 5 trading sessions, RRX rose by +4.87%, which changed the moving average for the period of 200-days by -10.25% in comparison to the 20-day moving average, which settled at $155.94. In addition, Regal Rexnord Corp saw 0.88% 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 Pinkham Louis V., who sale 8,774 shares at the price of $180.03 back on Nov 07 ’24. After this action, Pinkham Louis V. now owns 149,618 shares of Regal Rexnord Corp, valued at $1,579,583 using the latest closing price.
Pinkham Louis V., the Officer of Regal Rexnord Corp, proposed sale 8,774 shares at $180.03 during a trade that took place back on Nov 07 ’24, which means that Pinkham Louis V. is holding shares at $1,579,566 based on the most recent closing price.
Stock Fundamentals for RRX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.36 for the gross margin
The net margin for Regal Rexnord Corp stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 3.34, with 1.41 for asset returns.
Based on Regal Rexnord Corp (RRX), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is 1.59.
Currently, EBITDA for the company is 971.0 million with net debt to EBITDA at 4.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.54. The receivables turnover for the company is 7.22for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
In conclusion, Regal Rexnord Corp (RRX) has seen mixed performance in recent times. Analysts have a bullish 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.
