While Regal Rexnord Corp has underperformed by -1.73%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RRX fell by -32.30%, with highs and lows ranging from $185.28 to $113.73, whereas the simple moving average fell by -21.48% in the last 200 days.
On December 12, 2024, Jefferies started tracking Regal Rexnord Corp (NYSE: RRX) recommending Buy. A report published by Citigroup on October 14, 2024, Initiated its previous ‘Buy’ rating for RRX. Wolfe Research December 01, 2022d its ‘Outperform’ rating to ‘Peer Perform’ for RRX, as published in its report on December 01, 2022. Barclays’s report from December 16, 2021 suggests a price prediction of $200 for RRX shares, giving the stock a ‘Overweight’ rating.
Analysis of Regal Rexnord Corp (RRX)
RRX currently pays a dividend of $1.40 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -9.15%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Regal Rexnord Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 3.11% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.25, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 616.69K can be a very valuable indicator of volatility for RRX stock. On a monthly basis, the volatility of the stock is set at 3.77%, whereas on a weekly basis, it is put at 2.97%, with a loss of -2.22% over the past seven days. Furthermore, long-term investors anticipate a median target price of $179.70, showing growth from the present price of $120.79, which can serve as yet another indication of whether RRX is worth investing in or should be passed over.
How Do You Analyze Regal Rexnord Corp Shares?
The USA based company Regal Rexnord Corp (RRX) is one of the biggest names in Specialty Industrial Machinery. When comparing Regal Rexnord Corp shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 40.99, there is a growth in quarterly earnings of -26.19%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.72%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 104.34% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RRX shares are owned by institutional investors to the tune of 104.34% at present.
