Regal Rexnord Corporation (RRX)
NYSE: RRX · IEX Real-Time Price · USD
159.71
+3.76 (2.41%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Regal Rexnord Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Regal Rexnord stock have an average target of 197, with a low estimate of 151 and a high estimate of 211. The average target predicts an increase of 23.35% from the current stock price of 159.71.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Regal Rexnord stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 4 | 4 | 4 | 5 | 5 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $200 → $203 | Buy | Maintains | $200 → $203 | +27.11% | Apr 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $180 → $210 | Buy | Maintains | $180 → $210 | +31.49% | Mar 25, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $185 → $210 | Buy | Maintains | $185 → $210 | +31.49% | Mar 13, 2024 |
| Barclays | Barclays | Buy Maintains $174 → $200 | Buy | Maintains | $174 → $200 | +25.23% | Mar 8, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $151 | Hold → Buy | Upgrades | $151 | -5.45% | Dec 11, 2023 |
Financial Forecast
Revenue This Year
6.61B
from 6.25B
Increased by 5.75%
Revenue Next Year
6.75B
from 6.61B
Increased by 2.15%
EPS This Year
10.27
from -0.87
EPS Next Year
12.51
from 10.27
Increased by 21.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0B | 7.4B | 7.5B |
| Avg | 6.6B | 6.8B | 7.1B |
| Low | 6.1B | 6.2B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.8% | 12.5% | 11.3% |
| Avg | 5.7% | 2.1% | 5.4% |
| Low | -2.7% | -6.4% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.86 | 14.40 | 17.37 |
| Avg | 10.27 | 12.51 | 14.78 |
| Low | 9.80 | 10.78 | 13.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 40.2% | 38.9% |
| Avg | - | 21.8% | 18.2% |
| Low | - | 5.0% | 5.0% |
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.