While Regal Rexnord Corp has overperformed by 3.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RRX fell by -35.05%, with highs and lows ranging from $185.28 to $90.56, whereas the simple moving average fell by -29.34% 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)
Investors in Regal Rexnord Corp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.40 per share. Further, the quarter-over-quarter decrease in sales is -9.15%, showing a negative trend in the upcoming months.
One of the most important indicators of Regal Rexnord Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. 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.
For any stock, average volume can also provide valuable insight into volatility, and RRX is recording 784.12K average volume. On a monthly basis, the volatility of the stock is set at 6.31%, whereas on a weekly basis, it is put at 4.39%, with a gain of 10.04% over the past seven days. Furthermore, long-term investors anticipate a median target price of $160.50, showing growth from the present price of $106.34, 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 Specialty Industrial Machinery market is dominated by Regal Rexnord Corp (RRX) based in the USA. 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 36.09, there is a growth in quarterly earnings of -26.19%.
Along with the fundamentals, it is also important to consider how many employees own shares of 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 108.41% 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 108.41% at present.
