Rexnord Stock Price To Earnings To Growth
Rexnord fundamentals help investors to digest information that contributes to Rexnord's financial success or failures. It also enables traders to predict the movement of Rexnord Stock. The fundamental analysis module provides a way to measure Rexnord's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rexnord stock.
Rexnord |
Rexnord Company Price To Earnings To Growth Analysis
Rexnord's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Rexnord Price To Earnings To Growth | 1.98 X |
Most of Rexnord's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rexnord is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
CompetitionBased on the latest financial disclosure, Rexnord has a Price To Earnings To Growth of 1.98 times. This is 48.87% higher than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The price to earnings to growth for all United States stocks is 59.51% higher than that of the company.
Rexnord Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rexnord's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rexnord could also be used in its relative valuation, which is a method of valuing Rexnord by comparing valuation metrics of similar companies.Rexnord is currently under evaluation in price to earnings to growth category among its peers.
Rexnord Fundamentals
| Return On Equity | 11.63 | |||
| Return On Asset | 5.37 | |||
| Profit Margin | 9.48 % | |||
| Operating Margin | 20.13 % | |||
| Current Valuation | 6.77 B | |||
| Shares Outstanding | 119.72 M | |||
| Shares Owned By Insiders | 0.86 % | |||
| Shares Owned By Institutions | 99.14 % | |||
| Number Of Shares Shorted | 1.72 M | |||
| Price To Earning | 44.36 X | |||
| Price To Book | 5.17 X | |||
| Price To Sales | 4.08 X | |||
| Revenue | 1.89 B | |||
| Gross Profit | 736.67 M | |||
| EBITDA | 380.4 M | |||
| Net Income | 179.1 M | |||
| Cash And Equivalents | 307.3 M | |||
| Cash Per Share | 2.57 X | |||
| Total Debt | 1.21 B | |||
| Debt To Equity | 0.81 % | |||
| Current Ratio | 2.84 X | |||
| Book Value Per Share | 12.44 X | |||
| Cash Flow From Operations | 209.13 M | |||
| Short Ratio | 3.04 X | |||
| Earnings Per Share | 1.45 X | |||
| Price To Earnings To Growth | 1.98 X | |||
| Number Of Employees | 6.9 K | |||
| Beta | 1.45 | |||
| Market Capitalization | 7.71 B | |||
| Total Asset | 3.35 B | |||
| Retained Earnings | (125.85 M) | |||
| Working Capital | 771.7 M | |||
| Current Asset | 1.18 B | |||
| Current Liabilities | 404.4 M | |||
| Z Score | 3.6 | |||
| Last Dividend Paid | 0.36 |
Pair Trading with Rexnord
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rexnord position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rexnord will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Quanta Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanta Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quanta Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quanta Services to buy it.
The correlation of Quanta Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quanta Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanta Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quanta Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Rexnord Stock
If you are still planning to invest in Rexnord check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rexnord's history and understand the potential risks before investing.
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