On Monday, Regal Rexnord Corp (NYSE: RRX) opened lower -3.54% from the last session, before settling in for the closing price of $118.03. Price fluctuations for RRX have ranged from $113.73 to $185.28 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 14.82%. Company’s average yearly earnings per share was noted 6.81% at the time writing. With a float of $65.86 million, this company’s outstanding shares have now reached $66.30 million.
Considering the fact that the conglomerate employs 30800 people, you should pay attention to its efficiency factor. 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 Activity
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 104.41%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.07% 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 1.25. Likewise, its price to free cash flow for the trailing twelve months is 15.12.
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 11.38 in one year’s time.
Technical Analysis of Regal Rexnord Corp (RRX)
Compared to the last year’s volume of 0.63 million, its volume of 0.63 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.05%. Additionally, its Average True Range was 4.74.
During the past 100 days, Regal Rexnord Corp’s (RRX) raw stochastic average was set at 3.64%, which indicates a significant decrease from 16.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.56% in the past 14 days, which was lower than the 35.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.61, while its 200-day Moving Average is $153.58. Nevertheless, the first resistance level for the watch stands at $115.75 in the near term. At $117.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $119.95. If the price goes on to break the first support level at $111.55, it is likely to go to the next support level at $109.25. Should the price break the second support level, the third support level stands at $107.35.
Regal Rexnord Corp (NYSE: RRX) Key Stats
There are currently 66,268K shares outstanding in the company with a market cap of 7.55 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.
