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

Regal Rexnord (NYSE:RRX) posted its earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, missing analysts’ consensus estimates 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 Stock Down 3.0 %

Regal Rexnord stock traded down $4.69 during mid-day trading on Thursday, reaching $150.39. The company’s stock had a trading volume of 52,201 shares, compared to its average volume of 488,661. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 46.80, a price-to-earnings-growth ratio of 1.53 and a beta of 1.03. Regal Rexnord has a 12 month low of $130.94 and a 12 month high of $185.28. The business’s 50 day simple moving average is $161.01 and its 200 day simple moving average is $163.04. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 2.45.

Regal Rexnord Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Monday, March 31st. Regal Rexnord’s dividend payout ratio (DPR) is currently 44.16%.

Analyst Ratings Changes

Several analysts have weighed in on RRX shares. The Goldman Sachs Group upped their price objective on shares of Regal Rexnord from $191.00 to $213.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Barclays cut their price objective on shares of Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. StockNews.com lowered shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th. Citigroup cut their price objective on shares of Regal Rexnord from $210.00 to $190.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, Jefferies Financial Group started coverage on shares of Regal Rexnord in a report on Thursday, December 12th. They issued a “buy” rating and a $215.00 price objective on the stock. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.