Regal Beloit Stock Today
| RRX Stock | USD 164.23 2.56 1.53% |
Performance13 of 100
| Odds Of DistressLess than 23
|
Regal Beloit is trading at 164.23 as of the 24th of April 2024; that is -1.53% down since the beginning of the trading day. The stock's open price was 166.79. Regal Beloit has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Regal Beloit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 1st of December 1983 | Category Industrials |
Regal Rexnord Corporation, together with its subsidiaries, designs, 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 company has 66.5 M outstanding shares of which 1.21 M shares are at this time shorted by investors with about 2.77 days to cover. More on Regal Beloit
Moving together with Regal Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Regal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Regal Beloit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Regal Beloit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Inc | Thomas Beck | ||||
| Thematic Idea | Electrical Equipment (View all Themes) | ||||
| Old Names | [Raging River Exploration Inc, REGENERX BIOPHARM] | ||||
| Business Concentration | Electrical Components & Equipment, Specialty Industrial Machinery, Industrials, NYSE Composite, SP Midcap 400, Electrical Equipment, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Regal Beloit report their recommendations after researching Regal Beloit's financial statements, talking to executives and customers, or listening in on Regal Beloit's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Regal Beloit. The Regal consensus assessment is calculated by taking the average forecast from all of the analysts covering Regal Beloit. | |||||
Regal Beloit's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Regal Beloit's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Regal Beloit's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Regal Beloit's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Regal Beloit's financial leverage. It provides some insight into what part of Regal Beloit's total assets is financed by creditors.
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Regal Beloit (RRX) is traded on New York Stock Exchange in USA. It is located in 111 West Michigan Street, Milwaukee, WI, United States, 53203 and employs 32,100 people. Regal Beloit is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 11.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Regal Beloit's market, we take the total number of its shares issued and multiply it by Regal Beloit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Regal Beloit runs under Electrical Equipment sector within Industrials industry. The entity has 66.5 M outstanding shares of which 1.21 M shares are at this time shorted by investors with about 2.77 days to cover.
Regal Beloit has about 688.5 M in cash with 664.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.57.
Check Regal Beloit Probability Of Bankruptcy
Ownership AllocationRegal Beloit has a total of 66.5 Million outstanding shares. The majority of Regal Beloit outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Regal Beloit to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Regal Beloit. Please pay attention to any change in the institutional holdings of Regal Beloit as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Regal Ownership Details
Regal Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Regal Beloit jumping above the current price in 90 days from now is about 42.58%. The Regal Beloit probability density function shows the probability of Regal Beloit stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.958 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Regal Beloit will likely underperform. Additionally, regal Beloit has an alpha of 0.1093, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Regal Beloit to move above the current price in 90 days from now is about 42.58 (This Regal Beloit probability density function shows the probability of Regal Stock to fall within a particular range of prices over 90 days) .
Regal Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Regal Beloit that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Regal Beloit's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Regal Beloit's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 1 M | |
| Franklin Resources Inc | 2023-12-31 | 1 M | |
| Manufacturers Life Insurance Co | 2023-12-31 | 948.3 K | |
| Sam Sustainable Asset Management Ltd | 2023-12-31 | 930 K | |
| Clearbridge Advisors, Llc | 2023-12-31 | 927.4 K | |
| Alliancebernstein L.p. | 2023-12-31 | 869.6 K | |
| Macquarie Group Ltd | 2023-12-31 | 785 K | |
| Viking Global Investors Lp | 2023-12-31 | 691.7 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 644 K | |
| Vanguard Group Inc | 2023-12-31 | 6.8 M | |
| Fmr Inc | 2023-12-31 | 6.7 M |
Regal Beloit Historical Income Statement
Regal Beloit Income Statement is one of the three primary financial statements used for reporting Regal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Regal Beloit revenue and expense. Regal Beloit Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Regal Beloit's Net Income Applicable To Common Shares is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 12.3 M in 2024, whereas EBITDA is likely to drop slightly above 254.4 M in 2024. View More FundamentalsRegal Stock Against Markets
Picking the right benchmark for Regal Beloit stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Regal Beloit stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Regal Beloit is critical whether you are bullish or bearish towards Regal Beloit at a given time. Please also check how Regal Beloit's historical prices are related to one of the top price index indicators.
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Regal Beloit Corporate Management
Elected by the shareholders, the Regal Beloit's board of directors comprises two types of representatives: Regal Beloit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Regal. The board's role is to monitor Regal Beloit's management team and ensure that shareholders' interests are well served. Regal Beloit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Regal Beloit's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Hilton | Independent Director | Profile | |
| Jan Bertsch | Independent Director | Profile | |
| Daniel Klun | Vice President Corporate Controller | Profile | |
| Robert Barry | Vice Relations | Profile |
How to buy Regal Stock?
Before investing in Regal Beloit, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Regal Beloit. To buy Regal Beloit stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Regal Beloit. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Regal Beloit stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Regal Beloit stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Regal Beloit stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Regal Beloit, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.
Already Invested in Regal Beloit?
The danger of trading Regal Beloit is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Regal Beloit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Regal Beloit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Regal Beloit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Regal Beloit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Regal Beloit's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Regal Beloit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Regal Beloit Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regal Beloit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Regal Stock please use our How to Invest in Regal Beloit guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Regal Beloit's price analysis, check to measure Regal Beloit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Regal Beloit is operating at the current time. Most of Regal Beloit's value examination focuses on studying past and present price action to predict the probability of Regal Beloit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regal Beloit's price. Additionally, you may evaluate how the addition of Regal Beloit to your portfolios can decrease your overall portfolio volatility.
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Is Regal Beloit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Regal Beloit. If investors know Regal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Regal Beloit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 1.4 | Earnings Share (0.87) | Revenue Per Share 94.279 | Quarterly Revenue Growth 0.292 |
The market value of Regal Beloit is measured differently than its book value, which is the value of Regal that is recorded on the company's balance sheet. Investors also form their own opinion of Regal Beloit's value that differs from its market value or its book value, called intrinsic value, which is Regal Beloit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Regal Beloit's market value can be influenced by many factors that don't directly affect Regal Beloit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Regal Beloit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Regal Beloit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Regal Beloit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.