Regal Rexnord (NYSE:RRX) Issues Earnings Results, Misses Estimates By $0.22 EPS

Regal Rexnord (NYSE:RRX) announced its quarterly earnings data on Wednesday. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.56 by ($0.22), Zacks reports. Regal Rexnord had a net margin of 3.41% and a return on equity of 9.48%. Regal Rexnord updated its FY 2025 guidance to 9.600-10.400 EPS.

Regal Rexnord Trading Down 1.6 %

Shares of Regal Rexnord stock traded down $2.32 during trading on Friday, hitting $140.56. The company’s stock had a trading volume of 205,583 shares, compared to its average volume of 529,472. The stock has a market cap of $9.31 billion, a price-to-earnings ratio of 44.40, a price-to-earnings-growth ratio of 1.53 and a beta of 1.03. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.45 and a quick ratio of 1.35. Regal Rexnord has a 52 week low of $130.94 and a 52 week high of $185.28. The stock has a 50-day moving average price of $161.01 and a two-hundred day moving average price of $163.04.

Regal Rexnord Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.00%. Regal Rexnord’s dividend payout ratio (DPR) is presently 44.16%.

Wall Street Analysts Forecast Growth

RRX has been the subject of a number of research analyst reports. Jefferies Financial Group initiated coverage on Regal Rexnord in a report on Thursday, December 12th. They set a “buy” rating and a $215.00 price target for the company. Barclays dropped their target price on shares of Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Robert W. Baird decreased their price target on shares of Regal Rexnord from $223.00 to $208.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. StockNews.com cut shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. Finally, The Goldman Sachs Group raised their target price on shares of Regal Rexnord from $191.00 to $213.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $202.00.

About Regal Rexnord

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.