
RRX Stock Forecast & Price Target
RRX Analyst Ratings
Bulls say
Regal Rexnord Corp is expected to experience a favorable re-rating due to its enhanced financial profile and competitive positioning within its market segments, which include Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The company has benefited from improved supply chain dynamics and continues to generate strong, consistent free cash flow, laying the groundwork for increased market share and strategic initiatives. Furthermore, a notable rise in EBITDA margins and potential upstream demand from factors such as nearshoring and infrastructure investments signify a promising trajectory for the company's financial performance in the coming quarters.
Bears say
Regal Rexnord Corp has notably reduced its adjusted earnings per share (EPS) outlook for 2023 to approximately $9.15, significantly lower than previous estimates and below market expectations. The company's third-quarter 2023 adjusted EPS of $2.10 fell short of both internal and consensus projections, driven by an 8.5% decline in proforma core sales and a decrease in margins. Additionally, the firm faces operational challenges within its Industrial Powertrain Solutions segment and sustained losses in customer share, complicating its ability to recover amidst rising inflation and market weaknesses.
This aggregate rating is based on analysts' research of Regal Rexnord Corp and is not a guaranteed prediction by Public.com or investment advice.
RRX Analyst Forecast & Price Prediction
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