Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Regal Rexnord Corp before investing.

In this article, we go over a few key elements for understanding Regal Rexnord Corp’s stock price such as:

• Regal Rexnord Corp’s current stock price and volume
• Why Regal Rexnord Corp’s stock price changed recently
• Upgrades and downgrades for RRX from analysts
• RRX’s stock price momentum as measured by its relative strength

About Regal Rexnord Corp (RRX)

Before we jump into Regal Rexnord Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Regal Rexnord Corporation is engaged in the engineering and manufacturing of factory automation sub-systems, industrial powertrain solutions, automation and mechanical power transmission components, electric motors and electronic controls, air-moving products, and specialty electrical components and systems. Its segments consists of Industrial Powertrain Solutions (IPS), Power Efficiency Solutions (PES), and Automation & Motion Control (AMC). Its IPS segment designs, produces and services mounted and unmounted bearings, couplings, mechanical power transmission drives, gearboxes and gear motors, clutches, brakes, and industrial powertrain components. Its PES segment designs and produces fractional to approximately five horsepower alternating current and direct current motors, electronic variable speed controls, and more. Its AMC segment designs, produces and services conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solution, and more.

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Regal Rexnord Corp’s Stock Price as of Market Close

As of September 13, 2024, 4:00 PM, CST, Regal Rexnord Corp’s stock price was $155.05.

Regal Rexnord Corp is up 4.17% from its previous closing price of $148.85.

During the last market session, Regal Rexnord Corp’s stock traded between $148.06 and $150.99. Currently, there are 66.50 million shares of Regal Rexnord Corp stock available for purchase.

Unfortunately, Regal Rexnord Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Regal Rexnord Corp Stock Price History

Regal Rexnord Corp’s (RRX) price is currently down 7.6% so far this month.

During the month of September, Regal Rexnord Corp’s stock price has reached a high of $166.72 and a low of $142.43.

Over the last year, Regal Rexnord Corp has hit prices as high as $183.85 and as low as $97.18. Year to date, Regal Rexnord Corp’s stock is up 29.23%.

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What Caused Regal Rexnord Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 12, 2024, there were 8 analysts who downgraded Regal Rexnord Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Regal Rexnord Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Regal Rexnord Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Regal Rexnord Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Regal Rexnord Corp (RRX) by visiting AAII Stock Evaluator.

Relative Price Strength of Regal Rexnord Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 12, 2024, Regal Rexnord Corp has a weighted four-quarter relative price strength of -3.25%, which translates to a Momentum Score of 51 and is considered to be Average.

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Regal Rexnord Corp Stock Price: Bottom Line

As of September 13, 2024, Regal Rexnord Corp’s stock price is $155.05, which is up 4.17% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Regal Rexnord Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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