Regal Rexnord Corp (NYSE: RRX) kicked off on Tuesday, down -5.63% from the previous trading day, before settling in for the closing price of $182.22. Over the past 52 weeks, RRX has traded in a range of $113.79-$185.28.
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Annual sales at Industrials sector company grew by 13.28% over the past five years. While this was happening, its average annual earnings per share was recorded 1.13%. With a float of $65.84 million, this company’s outstanding shares have now reached $66.30 million.
Let’s look at the performance matrix of the company that is accounted for 32100 employees. In terms of profitability, gross margin is 36.27%, operating margin of 10.6%, and the pretax margin is 4.59%.
Regal Rexnord Corp (RRX) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Regal Rexnord Corp is 0.59%, while institutional ownership is 102.30%. The most recent insider transaction that took place on Nov 07 ’24, was worth 1,579,583. In this transaction Chief Executive Officer of this company sold 8,774 shares at a rate of $180.03, taking the stock ownership to the 149,618 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Officer proposed sale 8,774 for $180.03, making the entire transaction worth $1,579,566.
Regal Rexnord Corp (RRX) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.28 earnings per share (EPS), higher than consensus estimate (set at 2.24) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.13% per share during the next fiscal year.
Regal Rexnord Corp (NYSE: RRX) Trading Performance Indicators
Take a look at Regal Rexnord Corp’s (RRX) current performance indicators. Last quarter, stock had a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 23.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.17, a number that is poised to hit 2.47 in the next quarter and is forecasted to reach 10.54 in one year’s time.
Technical Analysis of Regal Rexnord Corp (RRX)
Regal Rexnord Corp (NYSE: RRX) saw its 5-day average volume 0.56 million, a positive change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 74.91%. Additionally, its Average True Range was 6.11.
During the past 100 days, Regal Rexnord Corp’s (RRX) raw stochastic average was set at 74.75%, which indicates a significant increase from 36.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.43% in the past 14 days, which was lower than the 40.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $170.78, while its 200-day Moving Average is $160.79. Nevertheless, the first resistance level for the watch stands at $178.06 in the near term. At $184.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $187.53. If the price goes on to break the first support level at $168.59, it is likely to go to the next support level at $165.20. Assuming the price breaks the second support level, the third support level stands at $159.12.
Regal Rexnord Corp (NYSE: RRX) Key Stats
The company with the Market Capitalisation of 11.39 billion has total of 66,228K Shares Outstanding. Its annual sales at the moment are 6,251 M in contrast with the sum of -57,400 K annual income. Company’s last quarter sales were recorded 1,477 M and last quarter income was 72,700 K.
