Last $65.41 USD
Change Today +0.24 / 0.37%
Volume 329.8K
RBC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

regal-beloit corp (RBC) Snapshot

Open
$64.95
Previous Close
$65.17
Day High
$65.57
Day Low
$64.09
52 Week High
01/16/14 - $80.41
52 Week Low
10/15/14 - $62.15
Market Cap
3.0B
Average Volume 10 Days
345.0K
EPS TTM
$4.48
Shares Outstanding
45.2M
EX-Date
09/22/14
P/E TM
14.6x
Dividend
$0.88
Dividend Yield
1.28%
Current Stock Chart for REGAL-BELOIT CORP (RBC)

Related News

No related news articles were found.

regal-beloit corp (RBC) Related Businessweek News

No Related Businessweek News Found

regal-beloit corp (RBC) Details

Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors and controls, electric generators and controls, low and medium voltage drives and soft starters, and mechanical motion control products in the United States and internationally. The company operates through two segments, Electrical and Mechanical. The Electrical segment offers heating, ventilation, and air conditioning motors; AC and DC commercial and industrial electric motors; electric generators and controls; high-performance drives and controls; and capacitors for various commercial and industrial applications. The Mechanical segment provides gears and gearboxes, marine transmissions, electrical connectivity devices, and manual valve actuators, which are used primarily in oil and gas, water distribution and treatment, and chemical processing applications. This segment also distributes mechanical power transmission components and solutions. The company sells its products directly to original equipment manufacturers, distributors, and end-users. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.

22,900 Employees
Last Reported Date: 02/26/14
Founded in 1955

regal-beloit corp (RBC) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $925.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $458.8K
Chief Operating Officer
Total Annual Compensation: $545.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $379.8K
Vice President of Corporate Human Resources
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2013.

regal-beloit corp (RBC) Key Developments

Suitors Reportedly Proceed To Second Round Of Bidding For Emerson Power Unit

A number of industrial companies and private equity firms have moved to the second round of bidding for the power transmission solutions business of Emerson Electric Co. (NYSE:EMR), Reuters reported, citing sources. Among the bidders are Timken Co. (NYSE:TKR), Regal Beloit Corporation (NYSE:RBC), Altra Industrial Motion Corp. (NasdaqGS:AIMC), Warburg Pincus LLC and Onex Corporation (TSX:OCX). Emerson has been evaluating options for the unit, which is valued at between $1.2 billion and $1.6 billion. A decision is expected by the end of 2014.

Regal Beloit Corporation Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-16-2014 01:35 PM

Regal Beloit Corporation Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-16-2014 01:35 PM. Venue: Ritz-Carlton, Laguna Niguel Dana Point, California, United States. Speakers: Mark J. Gliebe, Chairman of the Board, Chief Executive Officer and President.

Regal Beloit Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Reports Goodwill Impairment Charges for the Second Quarter Ended June 28, 2014; Provides Earnings Guidance for the Third Quarter of 2014, Effective Tax Rate for the Second Half of 2014 and Capital Expenditures Guidance for the Year 2014

Regal Beloit Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported net sales of USD 850.4 million compared to USD 822.0 million for the second quarter of 2012. Income from operations was USD 87.7 million against USD 81.1 million a year ago. Income before taxes was USD 79.1 million against USD 71.5 million a year ago. Net income attributable to the company was USD 56.2 million or USD 1.24 per basic and diluted share against USD 51.1 million or USD 1.13 per diluted share a year ago. Net cash provided by operating activities was USD 99.5 million against USD 91.3 million a year ago. Additions to property, plant, and equipment were USD 20.6 million against USD 26.6 million a year ago. Adjusted income from operations was USD 94.1 million against USD 82.5 million a year ago. Adjusted diluted earnings per share were USD 1.27 for the second quarter 2014 compared to USD 1.13 for the second quarter 2013. The impact of foreign currency translation in the quarter was a negative 0.4% on total net sales as compared to the prior year. Free cash flow was USD 78.9 million against USD 64.7 million a year ago. For the six months, the company reported net sales of USD 1,651.6 million against USD 1,600.2 million a year ago. Income from operations was USD 157.4 million against USD 157.0 million a year ago. Income before taxes was USD 140.1 million against USD 137.5 million a year ago. Net income attributable to the company was USD 100.0 million or USD 2.20 per diluted share against USD 100.6 million or USD 2.22 per diluted share a year ago. Net cash provided by operating activities was USD 145.3 million against USD 157.3 million a year ago. Additions to property, plant, and equipment were USD 42.9 million against USD 47.2 million a year ago. Adjusted income from operations was USD 169.3 million against USD 159.3 million a year ago. Adjusted diluted earnings per share were USD 2.31 compared to USD 2.21 a year ago. Net debt was USD 322 million. Free cash flow was USD 102.4 million against USD 110.1 million a year ago. For the second quarter ended June 28, 2014, the company reported goodwill impairment of USD 1.0 million. For the third quarter of 2014, the company expects diluted earnings per share to be USD 1.05 to USD 1.13. Adding back USD 0.05 of estimated restructuring expenses and USD 0.02 of purchase accounting adjustments, adjusted diluted earnings per share is expected to be USD 1.12 to USD 1.20. The company estimates effective tax rate for the second half of 2014 to be 27%, consistent with the company's guidance from last quarter. For the year 2014, the company estimates capital expenditures will be USD 80 million to USD 85 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RBC:US $65.41 USD +0.24

RBC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Crompton Greaves Ltd 189.15 INR -1.80
Johnson Electric Holdings Ltd $27.05 HKD -0.35
Teco Electric and Machinery Co Ltd 31.35 TWD -0.05
Watts Water Technologies Inc $56.98 USD +0.95
Woodward Inc $47.54 USD +0.94
View Industry Companies
 

Industry Analysis

RBC

Industry Average

Valuation RBC Industry Range
Price/Earnings 24.8x
Price/Sales 0.9x
Price/Book 1.4x
Price/Cash Flow 24.7x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact REGAL-BELOIT CORP, please visit www.regal-beloit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.