Regal Beloit Corporation (NYSE:RBC) has a beta of 1.38, a 12-month trailing P/E ratio of 29.97, and a growth ratio of 2.56. The stock’s Relative Strength Index (RSI) is 49.66, with weekly volatility at 3.60% and ATR at 4.03. The RBC stock’s 52-week price range has touched low of $51.99 and a $146.97 high. Its shares traded lower over the last trading session, losing -0.26% on 02/18/21. The shares fell to a low of $126.50 before closing at $129.33. Intraday shares traded counted 0.34 million, which was -16.17% lower than its 30-day average trading volume of 296.25K. RBC’s previous close was $129.67 while the outstanding shares total 40.60M.
Investors have identified the Specialty Industrial Machinery company Regal Beloit Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.29 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Regal Beloit Corporation (RBC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RBC, the company has in raw cash 487.5 million on their books with 230.6 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.75 billion total, with 830.8 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 7.20 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RBC sounds very interesting.
Is the stock of RBC attractive?
In related news, VP & Chief Information Officer, Avampato John sold 420 shares of the company’s stock in a transaction that recorded on Nov 20. The sale was performed at an average price of 119.47, for a total value of 50,177. As the sale deal closes, the Director, FOATE DEAN A now sold 5,000 shares of the company’s stock, valued at 591,698. Also, Director, DOERR CHRISTOPHER L sold 2,990 shares of the company’s stock in a deal that was recorded on Nov 16. The shares were price at an average price of 117.91 per share, with a total market value of 352,549. Following this completion of acquisition, the Segment President*, Brown Scott Douglas now holds 4,184 shares of the company’s stock, valued at 407,626. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
3 out of 6 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Regal Beloit Corporation. 0 analysts has assigned a Sell rating on the RBC stock. The 12-month mean consensus price target for the company’s shares has been set at $136.29.