News stories about Regal Beloit (NYSE:RBC) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regal Beloit earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.1897619468425 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of equities analysts have recently issued reports on the company. Seaport Global Securities upgraded Regal Beloit from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $82.00 to $88.00 in a report on Wednesday, February 7th. Zacks Investment Research cut Regal Beloit from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Barclays assumed coverage on Regal Beloit in a report on Thursday, February 15th. They issued an “equal weight” rating and a $80.00 price objective for the company. ValuEngine upgraded Regal Beloit from a “hold” rating to a “buy” rating in a report on Tuesday, December 19th. Finally, Barrington Research restated an “outperform” rating and set a $87.00 target price on shares of Regal Beloit in a report on Monday, February 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $86.08.
RBC stock traded down $2.00 during trading on Friday, hitting $71.60. 307,615 shares of the company traded hands, compared to its average volume of 301,046. The stock has a market capitalization of $3,261.86, a PE ratio of 15.11, a P/E/G ratio of 1.20 and a beta of 1.38. Regal Beloit has a 1 year low of $67.84 and a 1 year high of $87.50. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.21 and a quick ratio of 1.15.
Regal Beloit (NYSE:RBC) last issued its earnings results on Monday, February 5th. The industrial products company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.01. Regal Beloit had a return on equity of 9.64% and a net margin of 6.34%. The company had revenue of $820.70 million during the quarter, compared to analysts’ expectations of $794.65 million. During the same period in the prior year, the business posted $1.04 EPS. Regal Beloit’s quarterly revenue was up 8.3% compared to the same quarter last year. analysts anticipate that Regal Beloit will post 5.57 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.45%. The ex-dividend date is Wednesday, March 28th. Regal Beloit’s dividend payout ratio (DPR) is currently 21.36%.
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About Regal Beloit
Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and power transmission products worldwide. It operates through three segments: Commercial and Industrial Systems, Climate Solutions, and Power Transmission Solutions.
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