EPS for Regal Beloit Corporation (RBC) Expected At $1.14

January 19, 2018 - By Hazel Jackson

 EPS for Regal Beloit Corporation (RBC) Expected At $1.14
Investors sentiment increased to 1.23 in Q3 2017. Its up 0.01, from 1.22 in 2017Q2. It increased, as 19 investors sold Regal Beloit Corporation shares while 77 reduced holdings. 34 funds opened positions while 84 raised stakes. 41.24 million shares or 1.00% more from 40.83 million shares in 2017Q2 were reported.
Parametrica Management stated it has 3,707 shares or 0.12% of all its holdings. Utd Svcs Automobile Association has invested 0% in Regal Beloit Corporation (NYSE:RBC). Proshare Ltd holds 3,082 shares. Jane Street Grp Limited Liability Corporation stated it has 6,896 shares or 0% of all its holdings. Point72 Asia (Hong Kong) Limited has 0.01% invested in Regal Beloit Corporation (NYSE:RBC). Eaton Vance Mngmt stated it has 37,200 shares or 0.01% of all its holdings. Retail Bank Of Montreal Can holds 218,688 shares or 0.02% of its portfolio. Axa has 110,400 shares for 0.04% of their portfolio. Weaver C Barksdale And Assoc Inc accumulated 0.02% or 221 shares. Bessemer Group Inc holds 0% of its portfolio in Regal Beloit Corporation (NYSE:RBC) for 173 shares. Gsa Cap Partners Llp reported 4,879 shares. Moreover, Cornercap Counsel has 0.27% invested in Regal Beloit Corporation (NYSE:RBC) for 23,895 shares. Parametric Associate Limited Liability holds 81,929 shares. Systematic Fincl Mgmt Ltd Partnership owns 0.33% invested in Regal Beloit Corporation (NYSE:RBC) for 206,873 shares. Glenmede Tru Na reported 44 shares.

Analysts expect Regal Beloit Corporation (NYSE:RBC) to report $1.14 EPS on February, 5.They anticipate $0.10 EPS change or 9.62 % from last quarter’s $1.04 EPS. RBC’s profit would be $50.51M giving it 17.32 P/E if the $1.14 EPS is correct. After having $1.37 EPS previously, Regal Beloit Corporation’s analysts see -16.79 % EPS growth. The stock increased 1.28% or $1 during the last trading session, reaching $79. About 201,312 shares traded. Regal Beloit Corporation (NYSE:RBC) has risen 45.93% since January 19, 2017 and is uptrending. It has outperformed by 29.23% the S&P500.

Regal Beloit Corporation (NYSE:RBC) Ratings Coverage

Among 14 analysts covering Regal Beloit Corp (NYSE:RBC), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. Regal Beloit Corp had 36 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, May 11 report. As per Tuesday, June 27, the company rating was maintained by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, February 9 by Wunderlich. Buckingham Research downgraded the shares of RBC in report on Tuesday, September 29 to “Neutral” rating. Jefferies maintained the shares of RBC in report on Friday, June 9 with “Hold” rating. The stock of Regal Beloit Corporation (NYSE:RBC) earned “Buy” rating by Credit Suisse on Wednesday, June 28. As per Thursday, July 13, the company rating was maintained by Jefferies. BMO Capital Markets maintained the shares of RBC in report on Monday, October 16 with “Hold” rating. On Wednesday, August 9 the stock rating was maintained by Oppenheimer with “Buy”. The stock of Regal Beloit Corporation (NYSE:RBC) has “Overweight” rating given on Monday, January 11 by Morgan Stanley.

Regal Beloit Corporation, together with its subsidiaries, designs, makes, and sells electric motors, electrical motion controls, power generation and power transmission products worldwide. The company has market cap of $3.50 billion. The Company’s Commercial and Industrial Systems segment provides AC and DC motors, and controls; motors, electronic variable speed controls, and blowers; and starters, contactors, relays, variable frequency drives, and integrated solutions of components. It has a 17.17 P/E ratio. This segment also offers precision stator and rotor kits; hazardous duty motors; and electric generators, automatic transfer switches, power generation and distribution switch gears, and components and system controls.

More important recent Regal Beloit Corporation (NYSE:RBC) news were published by: Prnewswire.com which released: “Regal Beloit Corporation To Hold Fourth Quarter 2017 Earnings Conference Call …” on January 15, 2018, also Nasdaq.com published article titled: “Ex-Dividend Reminder: Stantec, SkyWest and Regal Beloit”, Nasdaq.com published: “Regal Beloit Corporation (RBC) Ex-Dividend Date Scheduled for December 28, 2017” on December 27, 2017. More interesting news about Regal Beloit Corporation (NYSE:RBC) was released by: Seekingalpha.com and their article: “Regal Beloit (RBC) Q3 2017 Results – Earnings Call Transcript” with publication date: November 06, 2017.

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