Regal Rexnord (NYSE:RRX) Posts Earnings Results, Misses Estimates By $0.22 EPS

Regal Rexnord (NYSE:RRX) posted its earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.56 by ($0.22), Zacks reports. Regal Rexnord had a return on equity of 9.48% and a net margin of 3.41%. Regal Rexnord updated its FY 2025 guidance to 9.600-10.400 EPS.

Regal Rexnord Price Performance

Shares of Regal Rexnord stock traded down $0.15 during trading on Wednesday, hitting $154.74. 709,147 shares of the company’s stock traded hands, compared to its average volume of 508,159. Regal Rexnord has a twelve month low of $130.94 and a twelve month high of $185.28. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.45 and a quick ratio of 1.35. The company has a market cap of $10.25 billion, a PE ratio of 48.81, a PEG ratio of 1.53 and a beta of 1.03. The firm’s fifty day moving average price is $161.31 and its 200 day moving average price is $163.10.

Regal Rexnord Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Monday, March 31st. Regal Rexnord’s dividend payout ratio is 44.16%.

Analysts Set New Price Targets

A number of research firms recently issued reports on RRX. Jefferies Financial Group initiated coverage on shares of Regal Rexnord in a research note on Thursday, December 12th. They issued a “buy” rating and a $215.00 target price on the stock. StockNews.com downgraded Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th. Barclays lowered their target price on Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. The Goldman Sachs Group increased their price objective on Regal Rexnord from $191.00 to $213.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Citigroup cut their target price on shares of Regal Rexnord from $210.00 to $190.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Regal Rexnord presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

Insiders Place Their Bets

In other Regal Rexnord news, CEO Louis V. Pinkham sold 8,774 shares of Regal Rexnord stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $180.03, for a total transaction of $1,579,583.22. Following the completion of the transaction, the chief executive officer now directly owns 149,618 shares of the company’s stock, valued at approximately $26,935,728.54. This trade represents a 5.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.82% of the company’s stock.

Regal Rexnord Company Profile

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.