Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Regal Rexnord Corp (NYSE: RRX) closed the day trading at $98.39 up 1.81% from the previous closing price of $96.64. In other words, the price has increased by $1.81 from its previous closing price. On the day, 0.84 million shares were traded. RRX stock price reached its highest trading level at $99.21 during the session, while it also had its lowest trading level at $95.84.
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 16.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.89.
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on December 12, 2024, initiated with a Buy rating and assigned the stock a target price of $215.
On October 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $200.
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 Nov 07 ’24 when Pinkham Louis V. sold 8,774 shares for $180.03 per share. The transaction valued at 1,579,583 led to the insider holds 149,618 shares of the business.
Pinkham Louis V. bought 8,774 shares of RRX for $1,579,566 on Nov 07 ’24.
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 6526287360 and an Enterprise Value of 11741444096. As of this moment, Regal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.39, and their Forward P/E ratio for the next fiscal year is 8.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 1.946 whereas that against EBITDA is 9.655.
Stock Price History:
The Beta on a monthly basis for RRX is 1.15, which has changed by -0.38394588 over the last 52 weeks, in comparison to a change of 0.0635103 over the same period for the S&P500. Over the past 52 weeks, RRX has reached a high of $185.28, while it has fallen to a 52-week low of $90.56. The 50-Day Moving Average of the stock is -18.34%, while the 200-Day Moving Average is calculated to be -34.90%.
Shares Statistics:
Over the past 3-months, RRX traded about 765.08K shares per day on average, while over the past 10 days, RRX traded about 1188620 shares per day. A total of 66.30M shares are outstanding, with a floating share count of 65.86M. Insiders hold about 0.72% of the company’s shares, while institutions hold 104.41% stake in the company. Shares short for RRX as of 1743379200 were 1872371 with a Short Ratio of 2.45, compared to 1740700800 on 1462315. Therefore, it implies a Short% of Shares Outstanding of 1872371 and a Short% of Float of 3.56.
Dividends & Splits
RRX’s forward annual dividend rate is 1.40, up from 1.4 a year ago. Against a Trailing Annual Dividend Yield of 0.014486755The stock’s 5-year Average Dividend Yield is 0.99. The current Payout Ratio is 47.59% for RRX, which recently paid a dividend on 2025-03-31 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 1994-08-15 when the company split stock in a 2:1 ratio.
