Regal Rexnord Corporation (RRX)

NYSE: RRX · IEX Real-Time Price · USD
145.46
+1.46 (1.01%)
Aug 12, 2022 10:28 AM EDT - Market open
1.01%
Market Cap 9.67B
Revenue (ttm) 4.76B
Net Income (ttm) 332.30M
Shares Out 66.48M
EPS (ttm) 4.62
PE Ratio 31.48
Forward PE 13.87
Dividend $14.99 (10.31%)
Ex-Dividend Date Sep 29, 2022
Volume 19,595
Open 143.93
Previous Close 144.00
Day's Range 143.93 - 145.69
52-Week Range 108.28 - 176.91
Beta 1.25
Analysts Buy
Price Target 165.37 (+13.7%)
Earnings Date Aug 1, 2022

About RRX

Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The... [Read more...]

Industry Specialty Industrial Machinery
IPO Date Mar 27, 1987
CEO Louis Pinkham
Employees 30,000
Stock Exchange NYSE
Ticker Symbol RRX
Full Company Profile

Financial Performance

In 2021, Regal Rexnord's revenue was $3.81 billion, an increase of 31.07% compared to the previous year's $2.91 billion. Earnings were $209.90 million, an increase of 10.88%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for RRX stock is "Buy." The 12-month stock price forecast is 165.37, which is an increase of 13.69% from the latest price.

Price Target
$165.37
(13.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Regal Beloit (RRX) Q2 Earnings and Revenues Surpass Estimates

Regal Beloit (RRX) delivered earnings and revenue surprises of 5.34% and 1.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

REGAL REXNORD CORPORATION REPORTS STRONG SECOND QUARTER 2022 FINANCIAL RESULTS

BELOIT, Wis. , Aug. 1, 2022 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Second Quarter Highlights Sales Up 52% Versus PY And Up 12% On An Organic Basis* Daily Orders Down 2% In 2Q Versus PY On...

Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share

BELOIT, Wis. , July 25, 2022 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held...

4 Manufacturing Electronics Stocks to Watch Amid Supply Chain Woes

While the Zacks Manufacturing-Electronics industry's near-term prospects appear murky due to supply chain woes and raw material cost inflation, effective pricing action should aid ABB, EMR, RRX and LGL.

Other symbols: ABBEMRLGL

Is Regal (RRX) a Suitable Stock for Value Investors Now?

Let's see if Regal Rexnord (RRX) stock is a good choice for value-oriented investors right now from multiple angles.

Regal Rexnord Corporation to Hold Second Quarter 2022 Earnings Conference Call on Tuesday, August 2, 2022

BELOIT, Wis. , July 11, 2022 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its second quarter 2022 financial results after the market closes on Monday, A...

RRX vs. ETN: Which Stock Is the Better Value Option?

RRX vs. ETN: Which Stock Is the Better Value Option?

Other symbols: ETN

RRX vs. ETN: Which Stock Should Value Investors Buy Now?

RRX vs. ETN: Which Stock Is the Better Value Option?

Other symbols: ETN

RRX or ETN: Which Is the Better Value Stock Right Now?

RRX vs. ETN: Which Stock Is the Better Value Option?

Other symbols: ETN

Down 12.6% in 4 Weeks, Here's Why Regal Beloit (RRX) Looks Ripe for a Turnaround

Regal Beloit (RRX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates...

Regal Beloit (RRX) Tops Q1 Earnings and Revenue Estimates

Regal Beloit (RRX) delivered earnings and revenue surprises of 9.84% and 3.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

REGAL REXNORD CORPORATION REPORTS STRONG FIRST QUARTER 2022 FINANCIAL RESULTS

BELOIT, Wis. , April 27, 2022   /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) First Quarter Highlights Sales Up 60% Versus PY And Up 15% On An Organic Basis Daily Orders Up 10% In 1Q Versus PY O...

Regal Rexnord Corporation Declares Quarterly Dividend Increase of 6%

BELOIT, Wis. , April 25, 2022 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting hel...

Regal Rexnord Corporation to Hold First Quarter 2022 Earnings Conference Call on Thursday, April 28, 2022

BELOIT, Wis. , April 13, 2022 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its first quarter 2022 financial results after the market closes on Wednesday...

4 Stocks to Gain in the Thriving Manufacturing Electronics Industry

The Zacks Manufacturing - Electronics industry rides on strong orders for products, a solid electronics services market and technological evolution in manufacturing processes. EMR, RRX, ZWS and FELE are...

Other symbols: EMRFELEZWS

Regal Beloit (RRX) Misses Q4 Earnings Estimates

Regal Beloit (RRX) delivered earnings and revenue surprises of -0.93% and 0.61%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

REGAL REXNORD CORPORATION REPORTS STRONG FOURTH QUARTER 2021 FINANCIAL RESULTS

BELOIT, Wis., Feb. 2, 2022 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Fourth Quarter Highlights Sales Up 56% Versus PY And Up 11% On An Organic Basis Daily Orders Up 32% In 4Q And Up Approxim...

Regal Beloit (RRX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Regal Beloit (RRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Regal Rexnord Corporation Declares Quarterly Dividend of $.33 per share

BELOIT, Wis., Jan. 24, 2022 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held ...

Regal Rexnord Corporation to Hold Fourth Quarter 2021 Earnings Conference Call on Thursday, February 3, 2022

BELOIT, Wis., Jan. 13, 2022 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its fourth quarter 2021 financial results after the market closes on Wednesday,...

Regal Beloit (RRX) Hits 52-Week High, Can the Run Continue?

Regal Beloit (RRX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Barclays Reinstates Regal Rexnord At Overweight, Sees 19% Upside

Barclays analyst Julian Mitchell reinstated his coverage on Regal Rexnord Corp (NYSE:RRX) with an Overweight rating and a price target of $200, implying an upside of 19%. The analyst views Regal as "one...

Regal Rexnord Corporation Announces More Decentralized Approach To Corporate Charitable Giving

BELOIT, Wis., Dec. 14, 2021 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today announced changes the Company has made in its approach to corporate charitable giving.

Regal Rexnord (RRX) Aids Motion Control With Arrowhead Buyout

Regal Rexnord (RRX) acquires automation solutions provider Arrowhead in an all-cash transaction. The buyout complements the Motion Control Solutions segment's offerings and prospects.

Regal Rexnord Corporation Completes Previously Announced Acquisition Of Arrowhead Systems

BELOIT, Wis., Nov. 23, 2021 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today announced that it has completed its acquisition of Arrowhead Systems, a global leader in providing industrial proc...