Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Regal Rexnord Corp (NYSE: RRX) closed at $157.19 down -6.91% from its previous closing price of $168.85. In other words, the price has decreased by -$6.91 from its previous closing price. On the day, 1.29 million shares were traded. RRX stock price reached its highest trading level at $162.905 during the session, while it also had its lowest trading level at $152.0.
Ratios:
For a deeper understanding of Regal Rexnord Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 1.02.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 10453512192 and an Enterprise Value of 16420235264. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 2.498 whereas that against EBITDA is 12.5.
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 -7.38%, while the 200-Day Moving Average is calculated to be 6.61%.
Shares Statistics:
For the past three months, RRX has traded an average of 483.56K shares per day and 393840 over the past ten days. A total of 66.30M shares are outstanding, with a floating share count of 66.13M. Insiders hold about 0.56% of the company’s shares, while institutions hold 101.73% stake in the company. Shares short for RRX as of 1713139200 were 825725 with a Short Ratio of 1.71, compared to 1710460800 on 1226885. Therefore, it implies a Short% of Shares Outstanding of 825725 and a Short% of Float of 1.5599999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for RRX is 1.40, from 1.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008291382The stock’s 5-year Average Dividend Yield is 1.1.
