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REGAL REXNORD CORP Stock Research

RRX

130.53USD+3.46(+2.72%)Market Closed

Market Summary

USD130.53+3.46
Market Closed
2.72%

RRX Alerts

RRX Stock Price

RRX RSI Chart

RRX Valuation

Market Cap

8.4B

Price/Earnings (Trailing)

23.57

Price/Sales (Trailing)

1.64

EV/EBITDA

10.33

Price/Free Cashflow

18.35

RRX Price/Sales (Trailing)

RRX Profitability

EBT Margin

11.76%

Return on Equity

7.65%

Return on Assets

4.76%

Free Cashflow Yield

5.45%

RRX Fundamentals

RRX Revenue

Revenue (TTM)

5.1B

Revenue Y/Y

-5.73%

Revenue Q/Q

-1.66%

RRX Earnings

Earnings (TTM)

357.4M

Earnings Y/Y

-104.7%

Earnings Q/Q

-105.81%

Price Action

52 Week Range

108.28162.89
(Low)(High)

Last 7 days

0.0%

Last 30 days

-1.6%

Last 90 days

-17.6%

Trailing 12 Months

6.7%

RRX Financial Health

Current Ratio

2.99

RRX Investor Care

Dividend Yield

1.1%

Dividend/Share (TTM)

1.4

Buy Backs (1Y)

1.04%

Diluted EPS (TTM)

5.36

Financials for REGAL REXNORD

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-1.4%5,1445,2185,1904,7574,295
Gross Profit-1.4%1,6461,6701,5971,4581,282
Operating Expenses7.9%1,0569781,006917818
EBITDA2.7%823801666563-
EBITDA Margin2.2%0.16*0.15*0.14*0.13*-
Earnings Before Taxes-25.5%457614512459382
EBT Margin19.2%0.12*0.10*0.09*0.09*-
Interest Expenses99.1%17487.0058.0059.0057.00
Net Income-26.9%357489383343285
Net Income Margin27.1%0.09*0.07*0.07*0.06*-
Free Cahsflow32.5%352266263245-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets61.1%16,54710,26910,24910,45910,471
  Current Assets36.9%4,1093,0013,0463,0982,972
    Cash Equivalents66.1%1,143689724703625
  Inventory29.6%1,7331,3371,3621,3881,337
  Goodwill62.4%6,5274,0193,9694,0264,051
  Current Liabilities40.3%1,4061,0021,0531,1211,057
    LT Debt, Current119.5%74.0034.0031.0031.003.00
    LT Debt, Non Current262.4%7,2111,9902,1652,1332,057
Shareholder's Equity1.1%6,4566,3886,1406,3166,424
  Retained Earnings-1.4%2,1012,1302,0521,9971,928
  Additional Paid-In Capital0.2%4,6194,6104,6044,6124,631
Shares Outstanding0.2%66.0066.0066.0067.0067.00
Minority Interest2.0%35.0034.0032.0039.0040.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations25.7%548436338326302
  Share Based Compensation68.4%38.0023.0030.0028.0028.00
Cashflow From Investing-4252.9%-4,931-113-222-211-211
Cashflow From Financing1896.4%4,926-274342-5.30-37.20
  Dividend Payments1.0%92.0091.00366356346
  Buy Backs-47.7%125239265210140

Risks for RRX

What is the probability of a big loss on RRX?

67.7%


Probability that REGAL REXNORD stock will be more than 20% underwater in next one year

34.2%


Probability that REGAL REXNORD stock will be more than 30% underwater in next one year.

0%


Probability that REGAL REXNORD stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RRX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if REGAL REXNORD was unfortunately bought at previous high price.

Drawdowns

Returns for RRX

Cumulative Returns on RRX

9.3%


10-Year Cumulative Returns

15.1%


7-Year Cumulative Returns

12.9%


5-Year Cumulative Returns

23.2%


3-Year Cumulative Returns

What are the long-term rolling returns for RRX?

FIve years rolling returns for REGAL REXNORD.

Annualized Returns

Which funds bought or sold RRX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID
added
0.41
4,057,780
26,887,400
1.90%
2023-05-22
AMERIPRISE FINANCIAL INC
added
30.59
15,392,400
44,339,400
0.01%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
254,000
0.01%
2023-05-22
Raleigh Capital Management Inc.
unchanged
-
585
3,949
-%
2023-05-22
PUTNAM INVESTMENTS LLC
added
41.96
2,699,410
6,757,860
0.01%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-2,160
-
-%
2023-05-18
JPMORGAN CHASE & CO
added
17.52
5,357,570
19,516,600
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-6.57
2,078,000
23,734,000
0.03%
2023-05-17
Advisory Services Network, LLC
reduced
-84.44
-4,414
985
-%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
added
13.64
-26,526
899,850
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying RRX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own RRX
No. of Funds

REGAL REXNORD News

MarketBeat
Regal Rexnord Co. (NYSE:RRX) Position Lowered by Citigroup Inc..
MarketBeat,
16 hours ago
Simply Wall St
Simply Wall St
Simply Wall St

Schedule 13G FIlings of REGAL REXNORD

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
alliancebernstein l.p.
3.5%
2,300,163
SC 13G/A
Feb 13, 2023
capital world investors
9.1%
6,029,745
SC 13G/A
Feb 09, 2023
vanguard group inc
10.17%
6,726,509
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
6.1%
4,004,380
SC 13G
Jan 25, 2023
blackrock inc.
9.0%
5,959,587
SC 13G/A
Jan 10, 2023
fmr llc
-
0
SC 13G/A
Nov 10, 2022
vanguard group inc
10.28%
6,701,927
SC 13G/A
Feb 14, 2022
alliancebernstein l.p.
5.4%
3,662,517
SC 13G/A
Feb 11, 2022
capital world investors
6.3%
4,272,839
SC 13G
Feb 10, 2022
vanguard group inc
9.74%
6,599,379
SC 13G/A

RRX Fair Value

REGAL REXNORD fair value in different scenarios

The table shows the Fair Value estimates for REGAL REXNORD for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

55.63

-57.38%

67.58

-48.23%

105.70

-19.02%

144.80

10.93%

257.00

96.89%
Current Inflation

52.35

-59.89%

63.25

-51.54%

94.87

-27.32%

127.64

-2.21%

222.63

70.56%
Very High Inflation

48.14

-63.12%

57.74

-55.76%

81.91

-37.25%

107.58

-17.58%

183.07

40.25%

Historical REGAL REXNORD Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of REGAL REXNORD

View All Filings
Date Filed Form Type Document
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 12, 2023
4
Insider Trading
May 10, 2023
S-8
Employee Benefits Plan

Latest Insider Trading transactions for RRX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-10
CRANDALL THEODORE D
acquired
-
-
1,245
-
2023-05-10
SACHDEV RAKESH
acquired
-
-
1,245
-
2023-05-10
STOELTING CURTIS W
acquired
-
-
1,245
-
2023-05-10
Burt Stephen M
acquired
-
-
1,245
-
2023-05-10
Hilton Michael F
acquired
-
-
1,245
-
2023-05-10
DOSS MICHAEL P
acquired
-
-
1,245
-
2023-05-10
CHAIBI ANESA
acquired
-
-
1,245
-
2023-05-10
Bertsch Jan
acquired
-
-
1,245
-
2023-05-10
Walker-Lee Robin A
acquired
-
-
1,245
-
2023-05-01
Avampato John
acquired
251,823
62.01
4,061
senior vp & cio *

1–10 of 50

About REGAL REXNORD

RRX Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Net Sales$ 1,224.1$ 1,298.5
Cost of Sales826.0876.6
Gross Profit398.1421.9
Operating Expenses329.2252.0
Income from Operations68.9169.9
Interest Expense95.49.0
Interest Income(31.9)(1.1)
Other Income, Net(1.4)(1.3)
Income before Taxes6.8163.3
Provision for Income Taxes12.336.2
Net (Loss) Income(5.5)127.1
Less: Net Income Attributable to Noncontrolling Interests0.41.5
Net (Loss) Income Attributable to Regal Rexnord Corporation$ (5.9)$ 125.6
(Loss) Earnings Per Share Attributable to Regal Rexnord Corporation:  
Basic (in dollars per share)$ (0.09)$ 1.86
Assuming dilution (in dollars per share)$ (0.09)$ 1.85
Weighted Average Number of Shares Outstanding:  
Basic (in shares)66.267.4
Assuming dilution (in shares)66.667.9

RRX Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 1,143.3$ 688.5
Trade Receivables, Less Allowances of $29.7 million and $30.9 million in 2023 and 2022, Respectively1,028.3797.4
Inventories1,732.51,336.9
Prepaid Expenses and Other Current Assets200.4150.9
Deferred Financing Fees0.017.0
Assets Held for Sale4.69.8
Total Current Assets4,109.13,000.5
Net Property, Plant and Equipment1,214.7807.0
Operating Lease Assets159.3110.9
Goodwill6,526.74,018.8
Intangible Assets, Net of Amortization4,414.62,229.9
Deferred Income Tax Benefits47.343.9
Other Noncurrent Assets75.757.9
Total Assets16,547.410,268.9
Current Liabilities:  
Accounts Payable666.7497.7
Dividends Payable23.223.2
Accrued Compensation and Employee Benefits219.0141.1
Other Accrued Expenses383.5280.0
Current Operating Lease Liabilities39.226.4
Current Maturities of Long-Term Debt74.233.8
Total Current Liabilities1,405.81,002.2
Long-Term Debt7,210.61,989.7
Deferred Income Taxes1,150.8591.9
Pension and Other Post Retirement Benefits116.497.6
Noncurrent Operating Lease Liabilities123.288.1
Other Noncurrent Liabilities84.976.8
Contingencies (see Note 12 - Contingencies)
Regal Rexnord Corporation Shareholders' Equity:  
Common Stock, $0.01 par value, 100.0 million Shares Authorized, 66.3 million and 66.2 million Shares Issued and Outstanding for 2023 and 2022, Respectively0.70.7
Additional Paid-In Capital4,619.24,609.6
Retained Earnings2,100.92,130.0
Accumulated Other Comprehensive Loss(300.2)(352.1)
Total Regal Rexnord Corporation Shareholders' Equity6,420.66,388.2
Noncontrolling Interests35.134.4
Total Equity6,455.76,422.6
Total Liabilities and Equity$ 16,547.4$ 10,268.9