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Barclays Lifts Regal Rexnord Corporation (RRX) Price Target amid Robust Order Growth
Yahoo Finance· 2025-11-19 05:25
Regal Rexnord Corporation (NYSE:RRX) is one of the best breakout stocks to invest in. On November 3, Barclays analyst Julian Mitchell increased Regal Rexnord Corporation’s (NYSE:RRX) price target to $165 from $161 while reiterating an Overweight rating. The positive stance is in response to what the research firm touts as data center exposure becoming increasingly material than expected. Barclays Lifts Regal Rexnord Corporation (RRX) Price Target amid Robust Order Growth Christian Lagerek/Shutterstock.co ...
Here's Why You Should Hold on to Flowserve Stock Right Now
ZACKS· 2025-05-21 17:01
Core Viewpoint - Flowserve Corporation is experiencing growth due to strong performance across its segments and strategic acquisitions, enhancing its appeal to shareholders [1][2]. Business Strength - The aftermarket business is showing solid momentum, with a 21.2% year-over-year increase in bookings for the Flowserve Pumps Division in Q1, supported by a book-to-bill ratio above 1.0x [3]. - Increased bookings in general industries, energy, and power end markets are contributing positively to the Flow Control Division's performance [3]. End Market Strength - Flowserve's booking levels are driven by strength in various end markets and its 3D strategy, with improved customer orders from large project wins in the energy sector [4]. - The chemical end market is also strong, supported by an unconventional gas project and a petrochemical project in the Middle East, with expectations for significant capacity additions [4]. - Growth in the power generation market is linked to increased data center capacity and rising activity in Artificial Intelligence [4]. Expansion Efforts - Flowserve is focused on expanding its market presence through acquisitions, such as the October 2024 acquisition of MOGAS Industries, which enhanced its valve and automation product portfolio [5]. - The MOGAS acquisition contributed positively to sales growth by 3.3% in Q1 2025 [5]. - In July 2024, Flowserve acquired intellectual property related to cryogenic LNG submerged pump technology from NexGen Cryogenic Solutions, expanding its LNG product portfolio [6]. Rewards to Shareholders - Flowserve rewards shareholders through dividends and share buybacks, distributing $27.6 million in dividends and repurchasing shares worth $21.1 million in Q1 2025 [7]. - The company's shares have gained 1.7% over the past year, outperforming the industry's growth of 0.2% [7].