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.
A number of analysts gave price targets for RBC. The highest price target was 91, implying potential capital gains of 7.82 percent. The minimum price target given was 74, which equates to a potential downside 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RBC is 5.78.
RBC has traded between a high of 87.50 and a low of 56.45 over the past year. Today's price is 49.51 percent above the 52-week low, and 3.54 percent below the high. RBC has a price/earnings 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.