Citigroup initiated coverage on Regal Rexnord with a new price target
$RRX
Metal Fabrications
Consumer Discretionary
Citigroup initiated coverage of Regal Rexnord with a rating of Buy and set a new price target of $200.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | $200.00 | Buy | Citigroup |
| 6/28/2024 | Mkt Perform | Raymond James | |
| 12/11/2023 | $151.00 | Peer Perform → Outperform | Wolfe Research |
| 12/1/2022 | Outperform → Peer Perform | Wolfe Research | |
| 1/4/2022 | $200.00 → $204.00 | Overweight | Barclays |
| 12/16/2021 | $200.00 | Overweight | Barclays |
| 11/19/2021 | $185.00 → $200.00 | Overweight | Keybanc |
| 11/3/2021 | $175.00 → $193.00 | Outperform | Oppenheimer |
4 - REGAL REXNORD CORP (0000082811) (Issuer)
4 - REGAL REXNORD CORP (0000082811) (Issuer)
4 - REGAL REXNORD CORP (0000082811) (Issuer)
MILWAUKEE, Wis., Oct. 24, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE:RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 24, 2024, declared a dividend of $0.35 per share. The dividend is payable on January 14, 2025, to shareholders of record at the close of business on December 31, 2024. The company has paid a dividend every quarter since January 1961. About Regal RexnordRegal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power
MILWAUKEE, Oct. 9, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) announced today that it plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Tuesday, November 5, 2024. To listen to the live audio and view the presentation during the call, please visit Regal Rexnord's Investor website: https://investors.regalrexnord.com. To listen by phone or to ask the presenters a question, dial 1-877-264-6786 (U.S. callers) or +1.412.317.5177 (international callers) and enter 7461486# when prompted. A webcast replay will be availabl
MILWAUKEE, Sept. 17, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) is hosting its 2024 Investor Day today at The Mandarin Oriental Hotel in New York City beginning at 8:30 AM ET. A live webcast of the event will be accessible on the Company's investor relations website at investors.regalrexnord.com. CEO Louis Pinkham, CFO Rob Rehard, and other members of the executive leadership team will discuss the Company's strategic growth objectives, including plans to accelerate profitable organic sales growth, continue to expand adjusted gross margins and adjusted EBITDA margins, grow free cash flow, and drive significant potential value creation through various capital deployment initiat
SC 13G/A - REGAL REXNORD CORP (0000082811) (Subject)
SC 13G/A - REGAL REXNORD CORP (0000082811) (Subject)
SC 13G/A - REGAL REXNORD CORP (0000082811) (Subject)
4 - REGAL REXNORD CORP (0000082811) (Issuer)
CHATTANOOGA, Tenn., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced the company's board of directors (the "Board") elected Mr. Mark Gliebe and Mr. Nalin Jain, each a new independent director, effective as of November 10, 2022. The election of Mr. Gliebe and Mr. Jain increases the size of the Board to 12 directors, 11 of whom are independent directors. Each of Mr. Gliebe and Mr. Jain will serve as a member of the Audit Committee of the Board. In addition, Mr. Gliebe will also serve as a member of the Compensation Committee of the Board, and Mr. Jain will also serve as a member of the Nominating and Corporate Governance Committee of the Board. Mr. Gliebe is
Citigroup initiated coverage of Regal Rexnord with a rating of Buy and set a new price target of $200.00
Raymond James initiated coverage of Regal Rexnord with a rating of Mkt Perform
Wolfe Research upgraded Regal Rexnord from Peer Perform to Outperform and set a new price target of $151.00
MILWAUKEE, Wis., Oct. 24, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE:RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 24, 2024, declared a dividend of $0.35 per share. The dividend is payable on January 14, 2025, to shareholders of record at the close of business on December 31, 2024. The company has paid a dividend every quarter since January 1961. About Regal RexnordRegal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power
MILWAUKEE, Oct. 9, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) announced today that it plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Tuesday, November 5, 2024. To listen to the live audio and view the presentation during the call, please visit Regal Rexnord's Investor website: https://investors.regalrexnord.com. To listen by phone or to ask the presenters a question, dial 1-877-264-6786 (U.S. callers) or +1.412.317.5177 (international callers) and enter 7461486# when prompted. A webcast replay will be availabl
MILWAUKEE, July 31, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) 2Q Highlights GAAP Diluted EPS Of $0.94, Adjusted Diluted EPS* Of $2.29Adjusted Free Cash Flow* Of $136.4 Million; On Track To Full Year Outlook Of ~$700 MillionPaid Down $480.9 Million Of Gross Debt. On Track To Pay Down ~$900 Million Of Debt In The YearNet Debt/Adjusted EBITDA (Including Synergies) Now ~3.6xSales Of $1,547.6 Million, Down 12.5% Versus PY; Down 7.0% On An Organic Basis Excluding Industrial**GAAP Gross Margin Of 36.9%; Adjusted Gross Margin* Excluding Industrial** Of 38.1%GAAP Net Income Of $63.0 Million Versus PY GAAP Net Income Of $33.2 MillionAdjusted EBITDA* Excluding Industrial** Of $335.3 Mi
8-K - REGAL REXNORD CORP (0000082811) (Filer)
10-Q - REGAL REXNORD CORP (0000082811) (Filer)
8-K - REGAL REXNORD CORP (0000082811) (Filer)
Throughout the last three months, 4 analysts have evaluated Regal Rexnord (NYSE:RRX), offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 2 0 0 0 Analysts have recently evaluated Regal Rexnord and provided 12-month price targets. The average target is $194.5, accompanied by a high estimate of $208.00 and a low estimate of $181.00. A decline of 4.77% fro