Regal Beloit Corporation (NYSE:RBC) PEG Ratio At 2.4500

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Market experts price target for Regal Beloit Corporation (NYSE:RBC) stock is $67.0000. First Call has projected EPS at $0.9900 for next quarter and $4.4400 for this year.

Technical View

The review of Regal Beloit Corporation Common shows that the 50-day MA of Regal Beloit Corporation (NYSE:RBC) stock is $63.0049, and is trading $10.2053 points away or +16.1976% from 50-day MA of $63.0049. It is trading $13.2745 or +22.1479% off 200-day MA of $59.9357. MA should be taken for moving average.

Regal Beloit Corporation (NYSE:RBC) 52-week high was $73.2500 while $47.7700 is the low hit during same period. Regal Beloit Corporation Common shares gain over $-0.0398 will lead 52-week high or if it plummets +53.2556%, it will smash new low of 52-weeks.

Technical reading is a trading arrangement used to assess securities and work to estimate their movement by analysing statistics collected from diverse trading activity, which may comprise, volume and price study. Unlike fundamental specialists who weighs security’s intrinsic value, technical analysts’ emphasis remains on prices logged on charts. They follow securities movement and predict future prices.

Technical analysts study past trading behavior and price fluctuations of an equity for the assessment process over the intrinsic value. The basis of recommendations is purely chart study, and not fundamental analysis. Study on technical factors was launched following the Dow Theory and its concepts.

Regal Beloit Corporation (NYSE:RBC) P/E ratio is 23.7927 while PEG ratio is at 2.4500. Regal Beloit Corporation Common stock recorded a close of $73.2102 in last trading session, which gets it market cap to $3.28B.

Price-earning (P/E) ratio is used by fundamental analysts while making investment calls. These calls can be referred by many investors. It is a ratio between the earnings per share and market price. The ratio shows the market price of a stock vis-a-vis its earnings.

As per one perspective, investors look for the stocks with a lower P/E ratio as there are probabilities of higher appreciation.

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