Analyst Ratings for Regal Beloit Corp. (RBC)Updated: 2017-07-27
Shares of Regal Beloit Corp. (NYSE:RBC) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for RBC last month.
13 analysts issued ratings on the stock, where 2 gave RBC a buy rating, 1 issued an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for RBC. The most optimistic analyst gave a price target of 91, implying potential capital gains of 7.82 percent. The lowest price target was 74, implying a possible loss of -12.32 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.01 percent. The average change in earnings estimates over the last 90 days is 2.81 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.31 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.54 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of RBC's earnings is estimated by analysts to be 3.16 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RBC is 5.78.
In the trailing 52-weeks, RBC hit 87.50 at the highest peak, while it's lowest trading point was 56.45. The current market price is above the trailing year's low by 49.51 percent, and 3.54 percent below the high. RBC has a P/E ratio of 18.28. Investors typically compare the P/E ratio to a company's peers in the industry. The RBC value stock report compares RBC to some of its peers using value stock charts. The stock has a market capitalization of $3.84 billion. RBC's next earnings release will be on 0000-00-00, which is days away.