How to Buy Regal Rexnord Stock
Regal Rexnord Corp
Regal Rexnord is a specialty industrial machinery company located in Wisconsin, United States, which is part of the Industrials sector, and is traded under the ticker RRX on the NYSE exchange.
Regal Rexnord stock last closed at $155.95, down 2.24% from the previous day, and has increased 17.27% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.09 percentage points. Regal Rexnord stock is currently +60.48% from its 52-week low of $97.18, and -15.18% from its 52-week high of $183.85.
As of Apr 18, 2024, there are 66.42M RRX shares outstanding. The market cap of RRX is $10.36B. In the last 24 hours, 547,893 RRX shares were traded.
How to Buy Regal Rexnord Stock
Wondering how to invest in Regal Rexnord stock? Here's how.
- Decide where to buy Regal Rexnord stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Regal Rexnord stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Research Regal Rexnord stock: The Regal Rexnord ticker symbol is RRX. Is Regal Rexnord stock a good investment? Should you buy shares of RRX? How do RRX's underlying business fundamentals look? Do top analysts think Regal Rexnord is a good buy? Why has RRX's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if RRX is a good stock to buy).
- Execute your RRX trade: Decide if you will purchase RRX shares at the current market price or use a limit order to buy RRX stock at a specific price.
- Get the latest news on your RRX investment: Create a watchlist to get the latest news on your investment in Regal Rexnord stock.
Step 1: Decide where to buy Regal Rexnord stock
You need an online brokerage account in order to access the NYSE market and buy RRX stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy RRX today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on app for stock, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Regal Rexnord stock
Once you have chosen the best place to buy Regal Rexnord stock, it's crucial to research their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Regal Rexnord shares at a glance
RRX Fundamentals
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on RRX's stock page.
How is RRX stock valued?
You can use many financial metrics, analyses, models, and charts to gauge RRX's true value.
Using relative valuations ratios:
- RRX may be undervalued based on its P/B ratio of 1.63x, relative to Specialty Industrial Machinery industry P/B ratio of 4.84x
You can do more valuation research on RRX's stock here.
RRX Financial Health Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the RRX balance sheet.
Negative Health Checks:
- RRX profit margin has gone down from 9.4% to -0.9% in the past year.
- Total RRX debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the RRX balance sheet.
- RRX has a relatively high debt to equity ratio of 1.43.
- RRX's operating cash flow of $715.30M allows it to safely service it's debt of $6.55B.
- RRX earnings of $426.30M is not sufficient to cover its interest payments.
Is it a good time to buy RRX stock, according to analysts?
Out of 4 Equities analysts who research RRX, the consensus analyst rating on RRX is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Regal Rexnord stock forecast page.
RRX Technicals
How are RRX Revenues/Earnings doing?
Last year, RRX revenue was $6.25B. In the last five year, RRX's revenue has gone up by 11.39% per year. This was faster than the Specialty Industrial Machinery industry average of 3.67%.
Learn more about RRX's earnings and revenue performance here.
Who is buying/selling RRX?
Over the last 12 months, insiders at RRX have sold more shares than they have bought.
Timothy A. Dickson, SVP Chief Digi Info Ofc of RRX, was the latest RRX insider to buy. They bought $1,141.63 worth of RRX stock on Apr 12, 2024.
Research more about who owns RRX shares here.
Does RRX stock generate passive income?
Regal Rexnord pays a dividend of 0.9%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.31%. If you owned $1,000 of RRX stock, you would have received $8.98 in the past 12 months.
Regal Rexnord dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Regal Rexnord dividend yield and history here.
What others are saying about RRX
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your RRX trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and eToro will place your order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your RRX investment
Now that you own some RRX shares, you'll want to keep up with your stock purchase.
Start a watchlist to get alerted to the latest events about your RRX stock.
RRX Feed
How to Buy Stock in Regal Rexnord
To reiterate, here are the 6 steps you need to take to buy Regal Rexnord stock right now:
- Decide where to buy Regal Rexnord stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Regal Rexnord stock
- Execute your RRX trade
- Get the latest news on your RRX investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Regal Rexnord, add RRX to your watchlist below.
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