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Last $24.14 USD
Change Today +0.23 / 0.96%
Volume 436.1K
RXN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 2:12 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

rexnord corp (RXN) Snapshot

Open
$24.16
Previous Close
$23.91
Day High
$24.26
Day Low
$23.97
52 Week High
11/3/14 - $29.95
52 Week Low
06/29/15 - $23.42
Market Cap
2.5B
Average Volume 10 Days
1.4M
EPS TTM
$1.07
Shares Outstanding
101.8M
EX-Date
--
P/E TM
22.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for REXNORD CORP (RXN)

rexnord corp (RXN) Related Businessweek News

No Related Businessweek News Found

rexnord corp (RXN) Details

Rexnord Corporation designs, manufactures, markets, and services process and motion control, and water management products worldwide. The company operates in two segments, Process & Motion Control Platform and Water Management Platform. The Process & Motion Control Platform segment designs, manufactures, markets, and services mechanical components used in complex systems. It offers gears and gear drives, couplings, industrial bearings, tabletop and engineered chain, aerospace bearings and seals, conveying equipment, and specialty components, as well as repair and on-going service under the brand names of Steelflex, Thomas, Omega, Rex, Viva, Wrapflex, Lifelign, True Torque, Addax, Autogard, FlatTop, Shafer, PSI, Cartriseal, Precision Gear, Micro Precision, Rexnord, Falk, and Link-Belt. This segment offers its products through distributors to mining, general industrial, cement and aggregates, agriculture, forest and wood products, petrochemical, energy, food and beverage, aerospace, and wind energy markets. The Water Management Platform segment designs, procures, manufactures, and markets products that provide and enhance water quality, safety, flow control, and conservation. It offers specification drainage products, flush valves and faucet products, backflow prevention pressure release valves, PEX piping used in nonresidential construction end-markets, and engineered valves and gates for the water and wastewater treatment market under the brand names of Zurn, Wilkins, VAG, GA, Rodney Hunt, and Fontaine. This segment sells its products through independent sales representatives, sales agencies, and direct sales and marketing associates to customers in the commercial construction, infrastructure, and residential construction end-markets in 49 countries. Rexnord Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.

8,000 Employees
Last Reported Date: 05/20/15
Founded in 2006

rexnord corp (RXN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $750.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $410.4K
Group Executive and President of Zurn
Total Annual Compensation: $762.2K
Group Executive and President of Aerospace
Total Annual Compensation: $397.9K
Group Executive and President of Power Transm...
Total Annual Compensation: $357.0K
Compensation as of Fiscal Year 2015.

rexnord corp (RXN) Key Developments

Rexnord Corporation Announces Management Changes

Rexnord Corporation announced that non-executive chairman George M. Sherman has decided to retire following the company’s annual meeting of stockholders in July 2015. The board of directors has elected Paul W. Jones as non-executive chairman effective upon Mr. Sherman’s retirement. Mr. Sherman joined the company’s board of directors as the non-executive chairman in 2002. In addition to his service with Rexnord, Mr. Sherman has served as the president and chief executive officer of Danaher Corporation and as the chairman of Campbell Soup Company. Mr. Jones has been a director of the company since 2014 and he currently serves on the compensation committee and the nominating and corporate governance committee of the board. He has previously served as the chairman, chief executive officer and president of A.O. Smith Corporation, as chairman and chief executive officer of U.S. Can Company Inc. and as president and chief executive officer of Greenfield Industries Inc.

Rexnord Corporation Seeks Acquisitions

Rexnord Corporation (NYSE:RXN) is seeking acquisitions. Todd Adams, President and Chief Executive Officer, said, "If we think about the next five years, we will deliver at least $1.5 billion of unlevered free cash flow and a substantial portion of the increase is going to go to acquisitions. So in terms of priority, our capital allocation priorities would be M&A followed by the combination of delevering and obviously we've got a buyback in place to return money as needed."

Rexnord Corporation Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-27-2015 05:30 PM

Rexnord Corporation Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-27-2015 05:30 PM. Venue: InterContinental Boston, 510 Atlantic Ave, Boston, MA 02210, United States.

 

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RXN:US $24.13 USD +0.22

RXN Competitors

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Company Last Change
CLARCOR Inc $62.34 USD +0.10
Franklin Electric Co Inc $32.32 USD -0.015
Mueller Water Products Inc $9.10 USD 0.00
Timken Co/The $36.65 USD +0.08
Watts Water Technologies Inc $51.15 USD -0.70
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Industry Analysis

RXN

Industry Average

Valuation RXN Industry Range
Price/Earnings 26.8x
Price/Sales 1.2x
Price/Book 4.3x
Price/Cash Flow 17.2x
TEV/Sales 0.0x
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