Seaport Res Ptn Issues FY2023 Earnings Estimate for Regal Rexnord Co.
August 12, 2023
🌥️Trending News
Regal Rexnord ($NYSE:RRX) Co., a global manufacturing and engineering company, is set to release their FY2023 earnings estimates. Seaport Res Ptn, a financial research company, has issued their forecast for the company’s earnings per share. Regal Rexnord Co. has a long and storied history with a focus on offering reliable, innovative, and cost-effective solutions in a variety of industries such as automotive, industrial, and aerospace. The company has achieved consistent growth over the past several years and is well-positioned to capitalize on the expanding global economy.
The company’s strong performance over the years has not gone unnoticed by analysts at Seaport Res Ptn who have provided their estimate of Regal Rexnord Co.’s FY2023 earnings per share. Investors will be watching to see if the company meets or exceeds these expectations in order to determine the stock’s performance over the coming months. Whether or not the earnings forecast is met, Regal Rexnord Co.’s future looks bright due to its focus on providing innovative solutions and consistently delivering value to its customers.
Earnings
In its latest earning report of the fiscal year 2023 Quarter 2 as of June 30 2021, REGAL REXNORD Co. announced total revenue of 886.9M USD and net income of 79.6M USD. Compared to the figures of the previous year, there was a 34.3% decrease in total revenue and 43.9% decrease in net income. However, the total revenue earned by REGAL REXNORD Co. has grown significantly over the last 3 years from 886.9M USD to 1768.6M USD.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Regal Rexnord. More…
| Total Revenues | Net Income | Net Margin |
| 5.56k | 247.5 | 4.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Regal Rexnord. More…
| Operations | Investing | Financing |
| 658.6 | -4.98k | 4.28k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Regal Rexnord. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.86k | 9.42k | 96.72 |
Key Ratios Snapshot
Some of the financial key ratios for Regal Rexnord are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.6% | 28.9% | 10.7% |
| FCF Margin | ROE | ROA |
| 9.8% | 5.8% | 2.3% |
Price History
On Monday, Seaport Res Ptn issued itsEarnings Estimate for FY2023 for Regal Rexnord Co. The stock opened at $160.2 and closed at $161.9, up 1.6% from its last closing price of $159.4. This increase is indicative of the positive outlook for Regal Rexnord Co. in the coming financial year. The estimate is expected to provide valuable insight into the long-term prospects of the company, and it is likely to influence investor decisions. With the current optimistic outlook, Regal Rexnord Co. is well positioned to capitalize on future opportunities in the market. Live Quote…
Analysis
GoodWhale has conducted an analysis of REGAL REXNORD‘s wellbeing and our star chart reveals that the company has a strong health score of 8/10 in terms of cashflows and debt, indicating its ability to sustain future operations in times of crisis. We also find that REGAL REXNORD is strong in asset, dividend, and growth, while exhibiting medium profitability. Based on these findings, we classify REGAL REXNORD as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given the cheetah classification, we believe investors who prioritize high growth potential but are comfortable with higher levels of risk may find REGAL REXNORD to be an attractive opportunity. Investors with a longer-term outlook may find REGAL REXNORD’s growth potential appealing, as the company appears able to sustain operations in times of crisis. More…
Peers
The company’s products are used in a variety of industries, including aerospace, defense, transportation, and industrial. Rexnord is a publicly traded company, and its shares are listed on the New York Stock Exchange. The company has a market capitalization of approximately $3 billion. Rexnord’s competitors include Estun Automation Co Ltd, Parker Hannifin Corp, and R Stahl AG.
– Estun Automation Co Ltd ($SZSE:002747)
Estun Automation Co Ltd is a company that manufactures and sells automation equipment. The company has a market cap of 17.8B as of 2022 and a return on equity of 6.3%. The company’s products are used in a variety of industries, including automotive, aerospace, and electronics. Estun Automation Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.
– Parker Hannifin Corp ($NYSE:PH)
Parker Hannifin Corp is a manufacturer of motion and control technologies. Its products include hydraulic, pneumatic, and electromechanical systems and components. The company has a market cap of $33.39 billion and a return on equity of 13.12%.
– R Stahl AG ($LTS:0Q9C)
Founded in 1883, thyssenkrupp AG is a German multinational conglomerate with businesses in a wide range of sectors, including automotive, elevators, industrial services, materials, and shipbuilding. The company has a market capitalization of €70.2 billion as of 2022 and a return on equity of -1.36%. thyssenkrupp AG is headquartered in Essen, Germany.
Summary
Analysts at Seaport Res Ptn recently released their FY2023 earnings per share estimates for shares of Regal Rexnord Co. Investors should consider the company’s performance over the past year and its potential for future growth before investing. Factors such as the number of shares outstanding, current and expected cash flows, and balance sheet strength can help estimate the future potential for the company’s stock. Analysts suggest that investors consider Regal Rexnord’s operating performance, competitive landscape, financial health, and management’s strategy as primary indicators of whether to add it to their portfolio.
Additionally, it’s important to keep an eye on current market trends and news related to the company to make sure your investment is sound. Ultimately, investors should have a thorough understanding of the company before making any investment decisions.
Related Posts
Recent Posts
