On Monday, Regal Rexnord Corp (NYSE: RRX) opened lower -4.40% from the last session, before settling in for the closing price of $129.40. Price fluctuations for RRX have ranged from $127.67 to $185.28 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 14.82% annually for the last half of the decade. Company’s average yearly earnings per share was noted 8.28% at the time writing. With a float of $65.79 million, this company’s outstanding shares have now reached $66.30 million.
In an organization with 30800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 36.28%, operating margin of 10.43%, and the pretax margin is 4.11%.
Regal Rexnord Corp (RRX) Insider Updates
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Regal Rexnord Corp is 0.72%, while institutional ownership is 104.36%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.58% during the next five years compared to -12.27% drop over the previous five years of trading.
Regal Rexnord Corp (NYSE: RRX) Trading Performance Indicators
Check out the current performance indicators for Regal Rexnord Corp (RRX). In the past quarter, the stock posted a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 16.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.95, a number that is poised to hit 1.83 in the next quarter and is forecasted to reach 11.46 in one year’s time.
Technical Analysis of Regal Rexnord Corp (RRX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.67 million. That was better than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.92%. Additionally, its Average True Range was 5.02.
During the past 100 days, Regal Rexnord Corp’s (RRX) raw stochastic average was set at 3.42%, which indicates a significant decrease from 11.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.90% in the past 14 days, which was lower than the 34.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $149.99, while its 200-day Moving Average is $156.58. However, in the short run, Regal Rexnord Corp’s stock first resistance to watch stands at $130.00. Second resistance stands at $136.28. The third major resistance level sits at $140.52. If the price goes on to break the first support level at $119.48, it is likely to go to the next support level at $115.24. Assuming the price breaks the second support level, the third support level stands at $108.96.
Regal Rexnord Corp (NYSE: RRX) Key Stats
There are currently 66,268K shares outstanding in the company with a market cap of 8.20 billion. Presently, the company’s annual sales total 6,034 M according to its annual income of 196,200 K. Last quarter, the company’s sales amounted to 1,461 M and its income totaled 41,200 K.
