Regal Rexnord Corporation (RRX)
NYSE: RRX · Real-Time Price · USD
177.37
+3.63 (2.09%)
Nov 22, 2024, 4:00 PM EST - Market closed
Regal Rexnord Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Regal Rexnord stock have an average target of 193, with a low estimate of 151 and a high estimate of 210. The average target predicts an increase of 8.81% from the current stock price of 177.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Regal Rexnord stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 2 | 3 | 3 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $223 → $208 | Buy | Maintains | $223 → $208 | +17.27% | Nov 6, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $200 | Strong Buy | Initiates | $200 | +12.76% | Oct 14, 2024 |
| Barclays | Barclays | Buy Maintains $180 → $190 | Buy | Maintains | $180 → $190 | +7.12% | Oct 2, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $200 | Strong Buy | Maintains | $200 | +12.76% | Sep 19, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $176 → $195 | Strong Buy | Maintains | $176 → $195 | +9.94% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
6.12B
from 6.25B
Decreased by -2.03%
Revenue Next Year
6.11B
from 6.12B
Decreased by -0.23%
EPS This Year
9.36
from -0.87
EPS Next Year
10.76
from 9.36
Increased by 15.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.4B | 6.5B | 6.7B |
| Avg | 6.1B | 6.1B | 6.3B |
| Low | 5.9B | 5.8B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1% | 6.2% | 9.5% |
| Avg | -2.0% | -0.2% | 3.7% |
| Low | -5.3% | -4.9% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.98 | 12.23 | 13.66 |
| Avg | 9.36 | 10.76 | 11.79 |
| Low | 9.02 | 10.14 | 8.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 30.7% | 26.9% |
| Avg | - | 15.0% | 9.5% |
| Low | - | 8.4% | -22.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.