The leading market experts have placed a mean price target of $21.630 on Rexnord Corporation (NYSE:RXN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.380 a share for the upcoming quarter and $1.510 for the current fiscal.
The technical analysis of Rexnord Corporation Common Stoc plainly substantiates that the 50-day moving average of Rexnord Corporation Common Stoc is $20.653, and stock is trading $0.462 points away or +2.239% from its 50-day moving average of $20.653. Further it is trading $1.138 or +5.698% away its 200-day moving average of $19.977. Rexnord Corporation (NYSE:RXN) 52-week high is $22.970 and the 52-week low is $14.040.
This explains if the stock moves $-1.855, it will post a 52-week high. In event of +50.392% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rexnord Corporation Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Rexnord Corporation (NYSE:RXN) ratio came in at 33.200.
The stock last ended the trading session at $21.115 and registered a market cap of $2.17B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Rexnord Corporation (NYSE:RXN) PEG ratio is at 1.400.
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