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.
RBC was given price targets by several analysts. 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 potential capital losses of -12.32 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.81 percent. 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.
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, which can be compared to the 2 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
RBC has an estimated earnings growth rate of 3.16 percent as forecasted by analysts. 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. RBC has a PEG ratio of 5.78.
RBC has a 52-week high of 87.50 and a 52-week low of 56.45. Today's price is 49.51 percent above the 52-week low, and below the high by 3.54 percent. 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 market cap of RBC is $3.84 billion. RBC's next earnings release will be on 0000-00-00, which is days away.