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Form 8-K REGAL REXNORD CORP For: Apr 23

Form 8-K REGAL REXNORD CORP For: Apr 23
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Regal Rexnord (NYSE:RRX) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Regal Rexnord (NYSE:RRX – Get Rating) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the stock. RRX has been the subject of a number of other reports. Barclays decreased their target price on Regal Rexnord from $200.00 to $180.00 and […]

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Short Interest in Regal Rexnord Co. (NYSE:RRX) Drops By 31.8%

Regal Rexnord Co. (NYSE:RRX – Get Rating) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 811,500 shares, a decrease of 31.8% from the March 31st total of 1,190,000 shares. Based on an average daily volume of 500,500 shares, the […]

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Regal Rexnord (NYSE:RRX) Rating Increased to Buy at Zacks Investment Research

Regal Rexnord (NYSE:RRX – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday, Zacks.com reports. The brokerage presently has a $146.00 price objective on the stock. Zacks Investment Research‘s price target would suggest a potential upside of […]

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Regal Rexnord (NYSE:RRX) Releases FY22 Earnings Guidance

Regal Rexnord (NYSE:RRX – Get Rating) issued an update on its FY22 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $10.10-10.70 for the period, compared to the Thomson Reuters consensus estimate of $10.42. The company issued revenue guidance of approx $5.20 billion, compared to the consensus revenue estimate of […]

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Zacks: Brokerages Expect Regal Rexnord Co. (NYSE:RRX) to Announce $2.44 Earnings Per Share

Equities analysts predict that Regal Rexnord Co. (NYSE:RRX – Get Rating) will report earnings of $2.44 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Regal Rexnord’s earnings, with the lowest EPS estimate coming in at $2.41 and the highest estimate coming in at $2.50. Regal Rexnord […]

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Regal Rexnord (NYSE:RRX) Downgraded by Zacks Investment Research to "Hold"

Zacks Investment Research lowered shares of Regal Rexnord (NYSE:RRX – Get Rating) from a buy rating to a hold rating in a research report sent to investors on Thursday morning, Zacks.com reports. According to Zacks, “Regal Beloit Corporation is an engineering and manufacturing of electric motors and controls, power generation and power transmission products. The […]

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