WallStreetZen

NYSE: RXN
Rexnord Corp Stock Forecast, Predictions & Price Target

Analyst price target for RXN

Based on 4 analysts offering 12 month price targets for Rexnord Corp.
Min Forecast
$57.00-10.18%
Avg Forecast
$65.75+3.61%
Max Forecast
$74.00+16.61%

Should I buy or sell RXN stock?

Based on 4 analysts offering ratings for Rexnord Corp.
Strong Buy
Strong Buy
3 analysts 75%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

RXN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Goldman Sachs
Top 15%
86
Strong BuyUpgrades$74.00+16.61%2021-09-10
KeyBanc
Top 11%
90
Strong BuyMaintains$72.00+13.46%2021-09-08
Oppenheimer
Top 16%
85
BuyMaintains$60.00-5.45%2021-07-22
Anonymous
Deutsche Bank
Strong BuyMaintains$57.00-10.18%2021-05-10

1 of 1

Forecast return on equity

Is RXN forecast to generate an efficient return?
Company
19.57%
Industry
26.16%
Market
1,975.19%
RXN's Return on Equity is forecast to be low in 3 years (19.57%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RXN forecast to generate an efficient return on assets?
Company
8.61%
Industry
10.1%
Market
951.37%
RXN is forecast to generate lower Return on Assets (8.61%) than the US Specialty Industrial Machinery industry average (10.1%)
Forecast

RXN earnings per share forecast

What is RXN's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.07+20.35%
Avg 2 year Forecast
$2.06+19.77%
Avg 3 year Forecast
$2.39+38.95%
RXN's earnings are forecast to grow at a rate of 13.24% per year, which is not exceptional
Forecast

RXN revenue forecast

What is RXN's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.2B+6.61%
Avg 2 year Forecast
$2.3B+12.96%
Avg 3 year Forecast
$2.5B+18.68%
RXN's revenue is forecast to grow at a rate of 6.2% per year, which is not exceptional
Forecast

RXN earnings growth forecast

How is RXN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
13.24%
Industry
13.68%
Market
22.98%
RXN's earnings are forecast to grow slower (13.24% per year) than the US Specialty Industrial Machinery industry average (13.68%)
Forecast
RXN's earnings are forecast to grow slower (13.24% per year) than the US market average (22.98%)
Forecast
RXN's earnings are forecast to grow faster (13.24% per year) than the risk-free savings rate (1.5%)
Forecast

RXN revenue growth forecast

How is RXN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
6.2%
Industry
3.55%
Market
14.64%
RXN's revenues are forecast to grow faster (6.2% per year) than the US Specialty Industrial Machinery industry average (3.55%)
Forecast
RXN's revenues are forecast to grow slower (6.2% per year) than the US market average (14.64%)
Forecast

Rexnord Corp Stock Forecast FAQ

Is Rexnord Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: RXN) stock is to Strong Buy RXN stock.

Out of 4 analysts, 3 (75%) are recommending RXN as a Strong Buy, 1 (25%) are recommending RXN as a Buy, 0 (0%) are recommending RXN as a Hold, 0 (0%) are recommending RXN as a Sell, and 0 (0%) are recommending RXN as a Strong Sell.

What is RXN's earnings growth forecast for 2021-2022?

(NYSE: RXN) Rexnord Corp's forecast annual earnings growth rate of 13.24% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 13.68%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Rexnord Corp's earnings in 2021 is $205,800,000.On average, 3 Wall Street analysts forecast RXN's earnings for 2021 to be $250,688,089, with the lowest RXN earnings forecast at $245,843,875, and the highest RXN earnings forecast at $256,743,357. On average, 1 Wall Street analysts forecast RXN's earnings for 2022 to be $249,477,035, with the lowest RXN earnings forecast at $249,477,035, and the highest RXN earnings forecast at $249,477,035.

In 2022, RXN is forecast to generate $289,441,803 in earnings, with the lowest earnings forecast at $278,542,321 and the highest earnings forecast at $297,919,178.

What is RXN's revenue growth forecast for 2021-2023?

(NYSE: RXN) Rexnord Corp's forecast annual revenue growth rate of 6.2% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 3.55%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.64%.

Rexnord Corp's revenue in 2021 is $2,078,400,000.On average, 2 Wall Street analysts forecast RXN's revenue for 2021 to be $268,351,305,308, with the lowest RXN revenue forecast at $268,090,928,791, and the highest RXN revenue forecast at $268,611,681,826. On average, 2 Wall Street analysts forecast RXN's revenue for 2022 to be $284,331,157,165, with the lowest RXN revenue forecast at $281,521,512,882, and the highest RXN revenue forecast at $287,140,801,447.

In 2023, RXN is forecast to generate $298,728,162,005 in revenue, with the lowest revenue forecast at $298,728,162,005 and the highest revenue forecast at $298,728,162,005.

What is RXN's forecast return on assets (ROA) for 2021-2023?

(NYSE: RXN) forecast ROA is 8.61%, which is lower than the forecast US Specialty Industrial Machinery industry average of 10.1%.

What is RXN's Price Target?

According to 4 Wall Street analysts that have issued a 1 year RXN price target, the average RXN price target is $65.75, with the highest RXN stock price forecast at $74.00 and the lowest RXN stock price forecast at $57.00.

On average, Wall Street analysts predict that Rexnord Corp's share price could stay at $65.75 by Sep 10, 2022. The average Rexnord Corp stock price prediction forecasts a potential downside of N/A from the current RXN share price of $63.46.

What is RXN's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: RXN) Rexnord Corp's current Earnings Per Share (EPS) is $1.72. On average, analysts forecast that RXN's EPS will be $2.07 for 2021, with the lowest EPS forecast at $2.03, and the highest EPS forecast at $2.12. On average, analysts forecast that RXN's EPS will be $2.06 for 2022, with the lowest EPS forecast at $2.06, and the highest EPS forecast at $2.06. In 2022, RXN's EPS is forecast to hit $2.39 (min: $2.30, max: $2.46).

What is RXN's forecast return on equity (ROE) for 2021-2023?

(NYSE: RXN) forecast ROE is 19.57%, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.