Headlines about Regal Beloit (NYSE:RBC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regal Beloit earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.6246331757247 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several equities analysts recently commented on the company. Royal Bank of Canada reissued a “buy” rating on shares of Regal Beloit in a report on Monday, November 6th. Robert W. Baird reaffirmed a “buy” rating and set a $88.00 price objective on shares of Regal Beloit in a report on Wednesday, October 4th. Morgan Stanley raised their price objective on Regal Beloit from $82.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, October 2nd. BMO Capital Markets dropped their price objective on Regal Beloit from $88.00 to $85.00 and set a “market perform” rating on the stock in a report on Tuesday, November 7th. Finally, BidaskClub lowered Regal Beloit from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Regal Beloit has a consensus rating of “Hold” and a consensus price target of $86.63.
Shares of Regal Beloit (RBC) opened at $76.00 on Wednesday. Regal Beloit has a 12 month low of $68.30 and a 12 month high of $87.50. The firm has a market cap of $3,349.38, a PE ratio of 15.85, a PEG ratio of 1.41 and a beta of 1.48. The company has a current ratio of 2.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.48.
Regal Beloit (NYSE:RBC) last announced its earnings results on Monday, November 6th. The industrial products company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.01). Regal Beloit had a return on equity of 9.76% and a net margin of 6.28%. The business had revenue of $857.00 million for the quarter, compared to analyst estimates of $837.19 million. During the same quarter last year, the company posted $1.31 EPS. Regal Beloit’s quarterly revenue was up 5.9% on a year-over-year basis. research analysts expect that Regal Beloit will post 4.88 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.04 annualized dividend and a dividend yield of 1.37%. Regal Beloit’s dividend payout ratio (DPR) is 22.61%.
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Regal Beloit Company Profile
Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The Company operates through three segments: the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products, and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque.
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