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.
Many analysts weighed in on price targets for RBC. The most optimistic analyst gave a price target of 91, which equates to a potential upside of 7.82 percent. The lowest price target was 74, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. That number becomes 2.81 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.31 percent, as compared to a month ago. 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. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of RBC to grow at a rate of 3.16 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 49.51 percent higher than its low, and 3.54 percent lower than its 52-week 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 market cap of RBC is $3.84 billion. RBC's next earnings release will be on 0000-00-00, which is days away.