At the time of writing, Regal Rexnord Corp [RRX] stock is trading at $106.34, up 3.66%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RRX shares have gain 10.04% over the last week, with a monthly amount drifted -14.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Regal Rexnord Corp [NYSE: RRX] stock has seen the most recent analyst activity on December 12, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $215. Previously, Citigroup started tracking the stock with Buy rating on October 14, 2024, and set its price target to $200. On June 28, 2024, Raymond James initiated with a Mkt Perform rating. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $151 on December 11, 2023. Wolfe Research downgraded its rating to a Peer Perform.
For the past year, the stock price of Regal Rexnord Corp fluctuated between $90.56 and $185.28. Currently, Wall Street analysts expect the stock to reach $190.33 within the next 12 months. Regal Rexnord Corp [NYSE: RRX] shares were valued at $106.34 at the most recent close of the market. An investor can expect a potential return of 78.98% based on the average RRX price forecast.
Analyzing the RRX fundamentals
According to Regal Rexnord Corp [NYSE:RRX], the company’s sales were 6.03B for trailing twelve months, which represents an -9.15% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.9.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 102.95 points at the first support level, and at 99.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 108.33, and for the 2nd resistance point, it is at 110.33.
Ratios To Look Out For
It is important to note that Regal Rexnord Corp [NYSE:RRX] has a current ratio of 2.26. As well, the Quick Ratio is 1.25, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 36.09.
Transactions by insiders
Recent insider trading involved Pinkham Louis V., Chief Executive Officer, that happened on Nov 07 ’24 when 8774.0 shares were sold. Officer, Pinkham Louis V. completed a deal on Nov 07 ’24 to buy 8774.0 shares.
