Latest news with #RegalRexnord
Yahoo
04-08-2025
- Business
- Yahoo
Earnings To Watch: Regal Rexnord (RRX) Reports Q2 Results Tomorrow
Industrials products and automation company Regal Rexnord (NYSE:RRX). will be reporting results this Tuesday after the bell. Here's what investors should know. Regal Rexnord beat analysts' revenue expectations by 3% last quarter, reporting revenues of $1.42 billion, down 8.4% year on year. It was a stunning quarter for the company, with a solid beat of analysts' organic revenue estimates and a solid beat of analysts' EBITDA estimates. Is Regal Rexnord a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Regal Rexnord's revenue to decline 3.4% year on year to $1.50 billion, improving from the 12.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.44 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 3 downward revisions over the last 30 days (we track 10 analysts). Regal Rexnord has missed Wall Street's revenue estimates five times over the last two years. Looking at Regal Rexnord's peers in the engineered components and systems segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Arrow Electronics delivered year-on-year revenue growth of 10%, beating analysts' expectations by 5.9%, and Worthington reported flat revenue, topping estimates by 5.6%. Arrow Electronics traded down 11.7% following the results while Worthington was up 1.8%. Read our full analysis of Arrow Electronics's results here and Worthington's results here. Investors in the engineered components and systems segment have had steady hands going into earnings, with share prices flat over the last month. Regal Rexnord's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $180.10 (compared to the current share price of $149.19). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Business Insider
24-06-2025
- Business
- Business Insider
Citi Keeps Their Buy Rating on Regal Rexnord (RRX)
In a report released today, Kyle Menges from Citi maintained a Buy rating on Regal Rexnord (RRX – Research Report), with a price target of $165.00. The company's shares closed today at $141.01. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Menges is a 3-star analyst with an average return of 4.6% and a 65.45% success rate. Menges covers the Industrials sector, focusing on stocks such as Cummins, Deere, and Oshkosh. Regal Rexnord has an analyst consensus of Strong Buy, with a price target consensus of $161.50, which is a 14.53% upside from current levels. In a report released on June 18, Barclays also maintained a Buy rating on the stock with a $160.00 price target. The company has a one-year high of $185.28 and a one-year low of $90.56. Currently, Regal Rexnord has an average volume of 805.3K.
Yahoo
09-06-2025
- Business
- Yahoo
Graham Corporation (GHM) Reports Q1: Everything You Need To Know Ahead Of Earnings
Industrial fluid and energy systems manufacturer Graham Corporation (NYSE: GHM) will be reporting results tomorrow before market open. Here's what to look for. Graham Corporation missed analysts' revenue expectations by 5% last quarter, reporting revenues of $47.04 million, up 7.3% year on year. It was a mixed quarter for the company, with a solid beat of analysts' EPS estimates but full-year revenue guidance slightly missing analysts' expectations. Is Graham Corporation a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Graham Corporation's revenue to grow 13.4% year on year to $55.67 million, in line with the 14% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Graham Corporation has missed Wall Street's revenue estimates twice over the last two years. Looking at Graham Corporation's peers in the engineered components and systems segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Regal Rexnord's revenues decreased 8.4% year on year, beating analysts' expectations by 3%, and Arrow Electronics reported a revenue decline of 1.6%, topping estimates by 7.2%. Regal Rexnord traded up 13.6% following the results while Arrow Electronics was also up 3.6%. Read our full analysis of Regal Rexnord's results here and Arrow Electronics's results here. Investors in the engineered components and systems segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Graham Corporation is up 16.5% during the same time and is heading into earnings with an average analyst price target of $52.67 (compared to the current share price of $42). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
03-06-2025
- Business
- Yahoo
Engineered Components and Systems Stocks Q1 Highlights: ESCO (NYSE:ESE)
As the Q1 earnings season wraps, let's dig into this quarter's best and worst performers in the engineered components and systems industry, including ESCO (NYSE:ESE) and its peers. Engineered components and systems companies possess technical know-how in sometimes narrow areas such as metal forming or intelligent robotics. Lately, automation and connected equipment collecting analyzable data have been trending, creating new demand. On the other hand, like the broader industrials sector, engineered components and systems companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 12 engineered components and systems stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.2% while next quarter's revenue guidance was 1.1% below. Luckily, engineered components and systems stocks have performed well with share prices up 10.6% on average since the latest earnings results. A developer of the communication systems used in the Batmobile of 'The Dark Knight,' ESCO (NYSE:ESE) is a provider of engineered components for the aerospace, defense, and utility sectors. ESCO reported revenues of $265.5 million, up 6.6% year on year. This print was in line with analysts' expectations, and overall, it was a very strong quarter for the company with full-year EPS guidance exceeding analysts' expectations. Bryan Sayler, Chief Executive Officer and President, commented, 'Q2 was another strong quarter as we delivered 7 percent top line growth, 250 basis points of Adjusted EBITDA margin expansion, and a 24 percent increase in Adjusted EPS compared to the prior year. All three segments delivered solid revenue growth, highlighted by strength across our Navy, commercial aerospace, utility, and Test end-markets. It was very positive to see orders increase 22 percent over the prior year, with particular strength in both USG and Test. ESCO scored the fastest revenue growth and highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 9.8% since reporting and currently trades at $179.60. We think ESCO is a good business, but is it a buy today? Read our full report here, it's free. Headquartered in Milwaukee, Regal Rexnord (NYSE:RRX) provides power transmission and industrial automation products. Regal Rexnord reported revenues of $1.42 billion, down 8.4% year on year, outperforming analysts' expectations by 3%. The business had a stunning quarter with a solid beat of analysts' organic revenue and EBITDA estimates. The market seems happy with the results as the stock is up 19.6% since reporting. It currently trades at $131.78. Is now the time to buy Regal Rexnord? Access our full analysis of the earnings results here, it's free. Based in Cleveland, Park-Ohio (NASDAQ:PKOH) provides supply chain management services, capital equipment, and manufactured components. Park-Ohio reported revenues of $405.4 million, down 2.9% year on year, falling short of analysts' expectations by 4.7%. It was a softer quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Park-Ohio delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 16.5% since the results and currently trades at $17.82. Read our full analysis of Park-Ohio's results here. Founded as a single retail store, Arrow Electronics (NYSE:ARW) provides electronic components and enterprise computing solutions to businesses globally. Arrow Electronics reported revenues of $6.81 billion, down 1.6% year on year. This print topped analysts' expectations by 7.2%. It was an exceptional quarter as it also logged an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Arrow Electronics achieved the biggest analyst estimates beat among its peers. The stock is up 5.7% since reporting and currently trades at $117.51. Read our full, actionable report on Arrow Electronics here, it's free. Founded by a steel salesman, Worthington (NYSE:WOR) specializes in steel processing, pressure cylinders, and engineered cabs for commercial markets. Worthington reported revenues of $304.5 million, down 3.9% year on year. This result surpassed analysts' expectations by 6.7%. Overall, it was a very strong quarter as it also put up an impressive beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates. The stock is up 41.6% since reporting and currently trades at $58.94. Read our full, actionable report on Worthington here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
30-05-2025
- Business
- Yahoo
Engineered Components and Systems Stocks Q1 Teardown: Timken (NYSE:TKR) Vs The Rest
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the engineered components and systems stocks, including Timken (NYSE:TKR) and its peers. Engineered components and systems companies possess technical know-how in sometimes narrow areas such as metal forming or intelligent robotics. Lately, automation and connected equipment collecting analyzable data have been trending, creating new demand. On the other hand, like the broader industrials sector, engineered components and systems companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 12 engineered components and systems stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.2% while next quarter's revenue guidance was 1.1% below. Luckily, engineered components and systems stocks have performed well with share prices up 11.5% on average since the latest earnings results. Established after the founder noticed the difficulty freight wagons had making sharp turns, Timken (NYSE:TKR) is a provider of industrial parts used across various sectors. Timken reported revenues of $1.14 billion, down 4.2% year on year. This print exceeded analysts' expectations by 1.1%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts' adjusted operating income estimates and full-year EPS guidance missing analysts' expectations. "Timken posted solid first-quarter results in a time of heightened uncertainty," said Richard G. Kyle, president and chief executive officer. The stock is up 6.8% since reporting and currently trades at $69.70. Read our full report on Timken here, it's free. Headquartered in Milwaukee, Regal Rexnord (NYSE:RRX) provides power transmission and industrial automation products. Regal Rexnord reported revenues of $1.42 billion, down 8.4% year on year, outperforming analysts' expectations by 3%. The business had a stunning quarter with a solid beat of analysts' organic revenue and EBITDA estimates. The market seems happy with the results as the stock is up 24.7% since reporting. It currently trades at $137.35. Is now the time to buy Regal Rexnord? Access our full analysis of the earnings results here, it's free. Based in Cleveland, Park-Ohio (NASDAQ:PKOH) provides supply chain management services, capital equipment, and manufactured components. Park-Ohio reported revenues of $405.4 million, down 2.9% year on year, falling short of analysts' expectations by 4.7%. It was a softer quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Park-Ohio delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 15.4% since the results and currently trades at $18.05. Read our full analysis of Park-Ohio's results here. A developer of the communication systems used in the Batmobile of 'The Dark Knight,' ESCO (NYSE:ESE) is a provider of engineered components for the aerospace, defense, and utility sectors. ESCO reported revenues of $265.5 million, up 6.6% year on year. This print met analysts' expectations. It was a very strong quarter as it also produced full-year EPS guidance exceeding analysts' expectations. ESCO pulled off the fastest revenue growth and highest full-year guidance raise among its peers. The stock is up 10.8% since reporting and currently trades at $181.17. Read our full, actionable report on ESCO here, it's free. Originally founded solely on tool and die manufacturing, Mayville Engineering Company (NYSE:MEC) specializes in metal fabrication, tube bending, and welding to be used in various industries. Mayville Engineering reported revenues of $135.6 million, down 15.9% year on year. This number topped analysts' expectations by 0.8%. Overall, it was an exceptional quarter as it also logged a solid beat of analysts' EPS estimates and an impressive beat of analysts' adjusted operating income estimates. Mayville Engineering had the slowest revenue growth among its peers. The stock is up 20.3% since reporting and currently trades at $15.93. Read our full, actionable report on Mayville Engineering here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
