Nine analysts covering NYSE: RBC stock performance announced in a report issued this week that the Regal Beloit Co. gets a consensus rating of “Buy” from the brokerages. Among the nine who have posted their personal ratings on the company, two gave a “Hold” rating, four recommended “Buy”, and two issued a “sell” rating. The average price target (PT) currently stands at $140.43 issued on the stock last year.
Regal Beloit Co. stocks traded at $134.28 this Friday. The company’s current market capitalization stands at $5.45 billion. It has a positive PE ratio of 31.23 along with a beta of 1.38 at the moment. The price to earnings growth (PEG) ratio stands at 2.06. The 12-monthly high to low ranges from $146.97 to $51.99. The 50SMA (50 Days Simple Moving Average) stands at $131.42 and its 200SMA stands at $111.91.
NYSE: RBC Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 15th of February. The earnings of RBC stocks stood at $1.78 EPS as opposed to the general consensus of $1.59 proposed by analysts at several research firms. The company’s return on equity stands at 9.03% along with a net margin of 6.13%.
Analysts expect the company to post Full Year 2020 earnings per share of 5.57. According to the latest sources, shareholders will also be paid a quarterly dividend of $0.30 per share on the 16th of April.
NYSE: RBC has recently been the subject of a lot of reports by research analysts. Some such as Seaport Global Securities, Zacks Investment Research, Robert W. Baird, KeyCorp, Wolfe Research, and so on have posted reports on this company over the last few months. Most of the firms that have posted reports on Regal Beloit Co. have also boosted the target price of the company considerably. Several institutional investors and hedge funds have also altered their shareholdings in this company.