Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Regal Rexnord Corp (NYSE: RRX) closed the day trading at $155.95 down -2.24% from the previous closing price of $159.53. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.55 million shares were traded. RRX stock price reached its highest trading level at $161.665 during the session, while it also had its lowest trading level at $155.3418.
Ratios:
For a better understanding of RRX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 1.03.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 27 ’24 when Valentyn Thomas E sold 647 shares for $169.70 per share. The transaction valued at 109,796 led to the insider holds 28,412 shares of the business.
Valentyn Thomas E sold 1,931 shares of RRX for $320,720 on Feb 22 ’24. The EVP, General Counsel & Sec.* now owns 27,180 shares after completing the transaction at $166.09 per share. On Feb 12 ’24, another insider, Valentyn Thomas E, who serves as the EVP, General Counsel & Sec.* of the company, sold 4,124 shares for $154.70 each. As a result, the insider received 637,975 and left with 27,180 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RRX now has a Market Capitalization of 10371049472 and an Enterprise Value of 16356019200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 2.617 whereas that against EBITDA is 13.915.
Stock Price History:
Over the past 52 weeks, RRX has reached a high of $183.85, while it has fallen to a 52-week low of $97.18. The 50-Day Moving Average of the stock is -6.89%, while the 200-Day Moving Average is calculated to be 6.30%.
Shares Statistics:
Over the past 3-months, RRX traded about 476.15K shares per day on average, while over the past 10 days, RRX traded about 416170 shares per day. A total of 66.30M shares are outstanding, with a floating share count of 66.12M. Insiders hold about 0.57% of the company’s shares, while institutions hold 99.93% stake in the company. Shares short for RRX as of 1711584000 were 1214850 with a Short Ratio of 2.55, compared to 1709164800 on 1216276. Therefore, it implies a Short% of Shares Outstanding of 1214850 and a Short% of Float of 2.3.
Dividends & Splits
RRX’s forward annual dividend rate is 1.40, up from 1.4 a year ago. The stock’s 5-year Average Dividend Yield is 1.11.
Earnings Estimates
Investors are keenly observing as RTX Corporation analysts analyze and rate the current performance of Regal Rexnord Corp (RRX) in the stock market.The consensus estimate for the next quarter is $7.40, with high estimates of $34.78 and low estimates of $0.46.
Analysts are recommending an EPS of between $Energy and $Basic Materials for the fiscal current year, implying an average EPS of $Healthcare.
