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Improving Credit Position Offers Further Upside in Regal Rexnord (RRX) Stock
Yahoo Finance· 2025-12-14 09:45
Group 1 - Regal Rexnord Corporation (NYSE:RRX) is recognized as one of the top 10 Data Center Cooling Companies to invest in, with a Buy rating reaffirmed by Barclays analyst Julian Mitchell and a price target of $165, indicating a potential upside of 10.85% from current levels [1] - On November 21, Regal Rexnord Corporation signed a Third Amended and Restated Credit Agreement with a banking group led by JPMorgan Chase Bank, securing an unsecured delayed-draw term loan of $850 million maturing on February 21, 2029, and an unsecured revolving credit line of up to $1.5 billion maturing on November 21, 2030 [2] - The company has a strong current ratio of 2.05, indicating its ability to meet short-term obligations with liquid assets, and plans to use the new credit facilities for associated expenses, refinancing existing agreements, general corporate purposes, and financing capital expenditures and working capital [3] Group 2 - Regal Rexnord Corporation provides sustainable solutions through its offerings in motor, power transmission, and air handling solutions, operating in three segments: Power Efficiency Solutions, Industrial Powertrain Solutions, and Automation and Motion Control [4]
Gates Industrial (GTES) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-04-30 14:36
Core Insights - Gates Industrial (GTES) reported revenue of $847.6 million for Q1 2025, a year-over-year decline of 1.7%, with an EPS of $0.36 compared to $0.31 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $826.29 million, resulting in a surprise of +2.58%, while the EPS also surpassed the consensus estimate of $0.33 by +9.09% [1] Financial Performance - Net Sales in Fluid Power amounted to $320.40 million, slightly below the two-analyst average estimate of $321.85 million, reflecting a year-over-year change of -2.9% [4] - Net Sales in Power Transmission reached $527.20 million, exceeding the two-analyst average estimate of $504.44 million, with a year-over-year change of -1.1% [4] - Adjusted EBITDA for Fluid Power was reported at $70.60 million, below the average estimate of $72.10 million [4] - Adjusted EBITDA for Power Transmission was $116.70 million, surpassing the average estimate of $109.91 million [4] Stock Performance - Gates Industrial shares have returned -3.2% over the past month, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]