Wolfe Research downgraded Regal Rexnord from Outperform to Peer Perform
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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 |
MILWAUKEE, Nov. 4, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) 3Q Highlights GAAP Diluted EPS Of $1.09, Adjusted Diluted EPS* Of $2.49, Up 18.6% Versus PYPaid Down $114 Million Of Gross Debt In 3Q, $733 Million Year-To-Date. On Track To Pay Down ~$900 Million Of Debt In The Year. Net Debt/Adjusted EBITDA (Including Synergies)* Of ~3.6xAdjusted Free Cash Flow* Of $125.5 MillionSales Of $1,477.4 Million, Down 10.4% Versus PY; Down 2.7% On An Organic* BasisGAAP Gross Margin Of 37.7%; Adjusted Gross Margin* A Record 38.4%GAAP Net Income Of $73.0 Million Versus PY GAAP Net Loss Of $(138.6) MillionAdjusted EBITDA* Of $337.0 Million Versus PY Of $330.0 Million**Adjusted EBITDA Margin
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
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
4 - REGAL REXNORD CORP (0000082811) (Issuer)
4 - REGAL REXNORD CORP (0000082811) (Issuer)
4 - REGAL REXNORD CORP (0000082811) (Issuer)
MILWAUKEE, Nov. 4, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) 3Q Highlights GAAP Diluted EPS Of $1.09, Adjusted Diluted EPS* Of $2.49, Up 18.6% Versus PYPaid Down $114 Million Of Gross Debt In 3Q, $733 Million Year-To-Date. On Track To Pay Down ~$900 Million Of Debt In The Year. Net Debt/Adjusted EBITDA (Including Synergies)* Of ~3.6xAdjusted Free Cash Flow* Of $125.5 MillionSales Of $1,477.4 Million, Down 10.4% Versus PY; Down 2.7% On An Organic* BasisGAAP Gross Margin Of 37.7%; Adjusted Gross Margin* A Record 38.4%GAAP Net Income Of $73.0 Million Versus PY GAAP Net Loss Of $(138.6) MillionAdjusted EBITDA* Of $337.0 Million Versus PY Of $330.0 Million**Adjusted EBITDA Margin
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
10-Q - REGAL REXNORD CORP (0000082811) (Filer)
8-K - REGAL REXNORD CORP (0000082811) (Filer)
8-K - REGAL REXNORD CORP (0000082811) (Filer)
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
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