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After finishing at $165.72 in the prior trading day, Regal Rexnord Corp (NYSE: RRX) closed at $174.25, up 5.15%. In other words, the price has increased by $5.15 from its previous closing price. On the day, 0.82 million shares were traded. RRX stock price reached its highest trading level at $174.76 during the session, while it also had its lowest trading level at $169.17.
Ratios:
Our goal is to gain a better understanding of RRX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.93.
On December 11, 2023, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $151.
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, Morton Jerrald R, who serves as the EVP and Pres. IPS* of the company, sold 2,992 shares for $154.34 each. As a result, the insider received 461,785 and left with 15,884 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 11594786816 and an Enterprise Value of 17026388992. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 2.68 whereas that against EBITDA is 13.745.
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 12.64%, while the 200-Day Moving Average is calculated to be 13.84%.
Shares Statistics:
The stock has traded on average 464.33K shares per day over the past 3-months and 534780 shares per day over the last 10 days, according to various share statistics. A total of 66.30M shares are outstanding, with a floating share count of 66.16M. Insiders hold about 0.57% of the company’s shares, while institutions hold 100.98% stake in the company. Shares short for RRX as of 1724976000 were 1060208 with a Short Ratio of 2.28, compared to 1722384000 on 986167. Therefore, it implies a Short% of Shares Outstanding of 1060208 and a Short% of Float of 2.01.
Dividends & Splits
In the trailing 12 months, RRX’s forward annual dividend rate was 1.4, compared to 1.40 this year. Against a Trailing Annual Dividend Yield of 0.008447984The stock’s 5-year Average Dividend Yield is 1.06.
Earnings Estimates
The company has 8.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $2.74, with high estimates of $2.84 and low estimates of $2.68.
Analysts are recommending an EPS of between $9.65 and $9.45 for the fiscal current year, implying an average EPS of $9.51. EPS for the following year is $11.57, with 9.0 analysts recommending between $12.74 and $10.7.
Revenue Estimates
8 analysts predict $1.53B in revenue for the current quarter. It ranges from a high estimate of $1.53B to a low estimate of $1.52B. As of the current estimate, Regal Rexnord Corp’s year-ago sales were $nanFor the next quarter, 8 analysts are estimating revenue of $1.54B. There is a high estimate of $1.56B for the next quarter, whereas the lowest estimate is $1.52B.
A total of 9 analysts have provided revenue estimates for RRX’s current fiscal year. The highest revenue estimate was $6.45B, while the lowest revenue estimate was $6.13B, resulting in an average revenue estimate of $6.19B. In the same quarter a year ago, actual revenue was $6.25BBased on 9 analysts’ estimates, the company’s revenue will be $6.28B in the next fiscal year. The high estimate is $6.45B and the low estimate is $6.18B.
