Intrinsic value of Regal Beloit - RBC

Previous Close

$82.65

  Intrinsic Value

$67.76

stock screener

  Rating & Target

hold

-18%

Previous close

$82.65

 
Intrinsic value

$67.76

 
Up/down potential

-18%

 
Rating

hold

We calculate the intrinsic value of RBC stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 3.7

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  4.20
  4.28
  4.35
  4.42
  4.48
  4.53
  4.57
  4.62
  4.66
  4.69
  4.72
  4.75
  4.77
  4.80
  4.82
  4.84
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
  4.95
  4.95
  4.96
  4.96
Revenue, $m
  3,501
  3,651
  3,810
  3,978
  4,156
  4,344
  4,543
  4,753
  4,974
  5,207
  5,453
  5,712
  5,985
  6,272
  6,574
  6,892
  7,226
  7,578
  7,948
  8,337
  8,745
  9,175
  9,627
  10,101
  10,600
  11,124
  11,674
  12,252
  12,860
  13,498
Variable operating expenses, $m
  3,145
  3,271
  3,404
  3,545
  3,694
  3,851
  4,018
  4,193
  4,378
  4,574
  4,565
  4,782
  5,010
  5,250
  5,503
  5,769
  6,049
  6,343
  6,653
  6,978
  7,321
  7,680
  8,058
  8,455
  8,873
  9,311
  9,772
  10,256
  10,765
  11,299
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  3,145
  3,271
  3,404
  3,545
  3,694
  3,851
  4,018
  4,193
  4,378
  4,574
  4,565
  4,782
  5,010
  5,250
  5,503
  5,769
  6,049
  6,343
  6,653
  6,978
  7,321
  7,680
  8,058
  8,455
  8,873
  9,311
  9,772
  10,256
  10,765
  11,299
Operating income, $m
  356
  380
  406
  433
  462
  493
  525
  560
  596
  634
  888
  931
  975
  1,022
  1,071
  1,123
  1,177
  1,235
  1,295
  1,358
  1,425
  1,495
  1,568
  1,646
  1,727
  1,812
  1,902
  1,996
  2,095
  2,199
EBITDA, $m
  860
  897
  936
  978
  1,021
  1,068
  1,116
  1,168
  1,222
  1,280
  1,340
  1,404
  1,471
  1,541
  1,615
  1,694
  1,776
  1,862
  1,953
  2,049
  2,149
  2,255
  2,366
  2,482
  2,605
  2,733
  2,869
  3,011
  3,160
  3,317
Interest expense (income), $m
  54
  62
  66
  71
  76
  82
  88
  94
  101
  108
  115
  123
  131
  140
  149
  158
  168
  179
  190
  201
  214
  226
  240
  254
  269
  285
  301
  319
  337
  356
  376
Earnings before tax, $m
  294
  314
  335
  357
  380
  405
  431
  459
  488
  519
  766
  800
  836
  873
  913
  955
  999
  1,045
  1,094
  1,145
  1,198
  1,255
  1,314
  1,377
  1,442
  1,511
  1,583
  1,659
  1,739
  1,823
Tax expense, $m
  79
  85
  90
  96
  103
  109
  116
  124
  132
  140
  207
  216
  226
  236
  247
  258
  270
  282
  295
  309
  324
  339
  355
  372
  389
  408
  427
  448
  470
  492
Net income, $m
  215
  229
  244
  261
  278
  296
  315
  335
  356
  379
  559
  584
  610
  638
  667
  697
  729
  763
  798
  836
  875
  916
  959
  1,005
  1,053
  1,103
  1,156
  1,211
  1,269
  1,331

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,571
  4,766
  4,974
  5,193
  5,426
  5,671
  5,931
  6,205
  6,494
  6,798
  7,119
  7,457
  7,813
  8,188
  8,582
  8,997
  9,434
  9,893
  10,376
  10,883
  11,417
  11,978
  12,567
  13,187
  13,838
  14,522
  15,240
  15,995
  16,788
  17,621
Adjusted assets (=assets-cash), $m
  4,571
  4,766
  4,974
  5,193
  5,426
  5,671
  5,931
  6,205
  6,494
  6,798
  7,119
  7,457
  7,813
  8,188
  8,582
  8,997
  9,434
  9,893
  10,376
  10,883
  11,417
  11,978
  12,567
  13,187
  13,838
  14,522
  15,240
  15,995
  16,788
  17,621
Revenue / Adjusted assets
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
  0.766
Average production assets, $m
  2,899
  3,023
  3,155
  3,294
  3,441
  3,597
  3,762
  3,935
  4,119
  4,312
  4,515
  4,730
  4,956
  5,193
  5,443
  5,707
  5,983
  6,275
  6,581
  6,903
  7,241
  7,597
  7,971
  8,364
  8,777
  9,210
  9,666
  10,145
  10,648
  11,176
Working capital, $m
  389
  405
  423
  442
  461
  482
  504
  528
  552
  578
  605
  634
  664
  696
  730
  765
  802
  841
  882
  925
  971
  1,018
  1,069
  1,121
  1,177
  1,235
  1,296
  1,360
  1,427
  1,498
Total debt, $m
  1,227
  1,319
  1,417
  1,520
  1,629
  1,744
  1,866
  1,995
  2,131
  2,274
  2,425
  2,584
  2,751
  2,927
  3,113
  3,308
  3,513
  3,729
  3,956
  4,194
  4,445
  4,708
  4,986
  5,277
  5,583
  5,904
  6,242
  6,597
  6,969
  7,361
Total liabilities, $m
  2,148
  2,240
  2,338
  2,441
  2,550
  2,666
  2,788
  2,916
  3,052
  3,195
  3,346
  3,505
  3,672
  3,848
  4,034
  4,229
  4,434
  4,650
  4,877
  5,115
  5,366
  5,630
  5,907
  6,198
  6,504
  6,825
  7,163
  7,518
  7,890
  8,282
Total equity, $m
  2,422
  2,526
  2,636
  2,752
  2,876
  3,006
  3,143
  3,289
  3,442
  3,603
  3,773
  3,952
  4,141
  4,340
  4,549
  4,769
  5,000
  5,243
  5,499
  5,768
  6,051
  6,348
  6,661
  6,989
  7,334
  7,696
  8,077
  8,477
  8,898
  9,339
Total liabilities and equity, $m
  4,570
  4,766
  4,974
  5,193
  5,426
  5,672
  5,931
  6,205
  6,494
  6,798
  7,119
  7,457
  7,813
  8,188
  8,583
  8,998
  9,434
  9,893
  10,376
  10,883
  11,417
  11,978
  12,568
  13,187
  13,838
  14,521
  15,240
  15,995
  16,788
  17,621
Debt-to-equity ratio
  0.510
  0.520
  0.540
  0.550
  0.570
  0.580
  0.590
  0.610
  0.620
  0.630
  0.640
  0.650
  0.660
  0.670
  0.680
  0.690
  0.700
  0.710
  0.720
  0.730
  0.730
  0.740
  0.750
  0.750
  0.760
  0.770
  0.770
  0.780
  0.780
  0.790
Adjusted equity ratio
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530
  0.530

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  215
  229
  244
  261
  278
  296
  315
  335
  356
  379
  559
  584
  610
  638
  667
  697
  729
  763
  798
  836
  875
  916
  959
  1,005
  1,053
  1,103
  1,156
  1,211
  1,269
  1,331
Depreciation, amort., depletion, $m
  505
  517
  530
  544
  559
  575
  591
  608
  627
  646
  452
  473
  496
  519
  544
  571
  598
  627
  658
  690
  724
  760
  797
  836
  878
  921
  967
  1,014
  1,065
  1,118
Funds from operations, $m
  719
  746
  775
  805
  837
  870
  906
  943
  983
  1,025
  1,010
  1,057
  1,106
  1,157
  1,211
  1,268
  1,327
  1,390
  1,456
  1,526
  1,599
  1,676
  1,756
  1,841
  1,930
  2,024
  2,122
  2,226
  2,334
  2,448
Change in working capital, $m
  16
  17
  18
  19
  20
  21
  22
  23
  25
  26
  27
  29
  30
  32
  34
  35
  37
  39
  41
  43
  45
  48
  50
  53
  55
  58
  61
  64
  67
  71
Cash from operations, $m
  704
  730
  757
  786
  817
  849
  884
  920
  958
  999
  983
  1,028
  1,075
  1,125
  1,177
  1,232
  1,290
  1,351
  1,415
  1,483
  1,554
  1,628
  1,706
  1,789
  1,875
  1,966
  2,061
  2,162
  2,267
  2,377
Maintenance CAPEX, $m
  -278
  -290
  -302
  -315
  -329
  -344
  -360
  -376
  -394
  -412
  -431
  -452
  -473
  -496
  -519
  -544
  -571
  -598
  -627
  -658
  -690
  -724
  -760
  -797
  -836
  -878
  -921
  -967
  -1,014
  -1,065
New CAPEX, $m
  -117
  -124
  -132
  -139
  -147
  -156
  -165
  -174
  -183
  -193
  -204
  -214
  -226
  -238
  -250
  -263
  -277
  -291
  -306
  -322
  -338
  -356
  -374
  -393
  -413
  -434
  -456
  -479
  -503
  -528
Cash from investing activities, $m
  -395
  -414
  -434
  -454
  -476
  -500
  -525
  -550
  -577
  -605
  -635
  -666
  -699
  -734
  -769
  -807
  -848
  -889
  -933
  -980
  -1,028
  -1,080
  -1,134
  -1,190
  -1,249
  -1,312
  -1,377
  -1,446
  -1,517
  -1,593
Free cash flow, $m
  308
  316
  323
  331
  340
  349
  359
  370
  382
  394
  348
  362
  376
  392
  408
  425
  443
  462
  482
  503
  525
  548
  573
  599
  626
  654
  684
  716
  749
  784
Issuance/(repayment) of debt, $m
  86
  92
  97
  103
  109
  115
  122
  129
  136
  143
  151
  159
  167
  176
  185
  195
  205
  216
  227
  239
  251
  264
  277
  291
  306
  321
  338
  355
  373
  392
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  86
  92
  97
  103
  109
  115
  122
  129
  136
  143
  151
  159
  167
  176
  185
  195
  205
  216
  227
  239
  251
  264
  277
  291
  306
  321
  338
  355
  373
  392
Total cash flow (excl. dividends), $m
  394
  408
  421
  434
  449
  465
  481
  499
  517
  537
  499
  521
  544
  568
  593
  620
  648
  678
  709
  741
  776
  812
  850
  890
  932
  976
  1,022
  1,071
  1,122
  1,176
Retained Cash Flow (-), $m
  -96
  -104
  -110
  -116
  -123
  -130
  -138
  -145
  -153
  -161
  -170
  -179
  -189
  -199
  -209
  -220
  -231
  -243
  -256
  -269
  -283
  -297
  -312
  -328
  -345
  -362
  -381
  -400
  -420
  -442
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  13
  14
  15
  15
  16
  17
  17
  18
  19
  20
  21
  22
  23
  24
  25
  26
  28
  29
  30
  32
  33
  35
  37
  39
  40
  42
  44
  47
  49
  51
Cash available for distribution, $m
  298
  304
  311
  318
  326
  335
  344
  354
  364
  375
  329
  342
  355
  369
  384
  400
  417
  434
  453
  472
  493
  515
  537
  561
  587
  613
  641
  671
  702
  734
Discount rate, %
  5.80
  6.09
  6.39
  6.71
  7.05
  7.40
  7.77
  8.16
  8.57
  9.00
  9.45
  9.92
  10.42
  10.94
  11.48
  12.06
  12.66
  13.29
  13.96
  14.66
  15.39
  16.16
  16.97
  17.81
  18.71
  19.64
  20.62
  21.65
  22.74
  23.87
PV of cash for distribution, $m
  281
  270
  258
  245
  232
  218
  204
  189
  174
  159
  122
  110
  98
  86
  75
  65
  55
  46
  38
  31
  24
  19
  15
  11
  8
  6
  4
  3
  2
  1
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The Company operates through three segments: the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products, and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque. It sells its products directly to original equipment manufacturers (OEMs), distributors and end users. It operates distribution facilities in Plainfield, Indiana; McAllen, Texas; LaVergne, Tennessee, and Florence, Kentucky.

FINANCIAL RATIOS  of  Regal Beloit (RBC)

Valuation Ratios
P/E Ratio 18.2
Price to Sales 1.1
Price to Book 1.8
Price to Tangible Book
Price to Cash Flow 8.4
Price to Free Cash Flow 9.9
Growth Rates
Sales Growth Rate -8.1%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -29.3%
Cap. Spend. - 3 Yr. Gr. Rate -6.5%
Financial Strength
Quick Ratio 3
Current Ratio 0
LT Debt to Equity 64.3%
Total Debt to Equity 69.2%
Interest Coverage 6
Management Effectiveness
Return On Assets 5.5%
Ret/ On Assets - 3 Yr. Avg. 3.8%
Return On Total Capital 5.7%
Ret/ On T. Cap. - 3 Yr. Avg. 3.8%
Return On Equity 10.2%
Return On Equity - 3 Yr. Avg. 6.4%
Asset Turnover 0.7
Profitability Ratios
Gross Margin 26.9%
Gross Margin - 3 Yr. Avg. 26.2%
EBITDA Margin 14.7%
EBITDA Margin - 3 Yr. Avg. 11.6%
Operating Margin 10%
Oper. Margin - 3 Yr. Avg. 7%
Pre-Tax Margin 8.2%
Pre-Tax Margin - 3 Yr. Avg. 5.5%
Net Profit Margin 6.3%
Net Profit Margin - 3 Yr. Avg. 3.8%
Effective Tax Rate 21.4%
Eff/ Tax Rate - 3 Yr. Avg. 35.3%
Payout Ratio 20.7%

RBC stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the RBC stock intrinsic value calculation we used $3360 million for the last fiscal year's total revenue generated by Regal Beloit. The default revenue input number comes from 2017 income statement of Regal Beloit. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our RBC stock valuation model: a) initial revenue growth rate of 4.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5.8%, whose default value for RBC is calculated based on our internal credit rating of Regal Beloit, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Regal Beloit.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of RBC stock the variable cost ratio is equal to 90.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for RBC stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Regal Beloit.

Corporate tax rate of 27% is the nominal tax rate for Regal Beloit. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the RBC stock is equal to 0.4%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for RBC are equal to 82.8%.

Life of production assets of 10 years is the average useful life of capital assets used in Regal Beloit operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for RBC is equal to 11.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $2326 million for Regal Beloit - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 45 million for Regal Beloit is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Regal Beloit at the current share price and the inputted number of shares is $3.7 billion.

RELATED COMPANIES Price Int.Val. Rating
AIMC Altra Industri 41.55 91.06  str.buy
RXN Rexnord 28.80 21.03  sell
AMOT Allied Motion 47.19 21.64  sell
EMR Emerson Electr 74.86 52.56  sell
SVT Servotronics 10.72 2.33  str.sell
TKR Timken 47.70 71.27  str.buy

COMPANY NEWS

▶ Regal Beloit Corp to Host Earnings Call   [08:00AM  ACCESSWIRE]
▶ Regal Beloit (RBC) Q2 Earnings Miss Estimates   [Aug-06-18 07:35PM  Zacks]
▶ Regal Beloit: 2Q Earnings Snapshot   [06:28PM  Associated Press]
▶ Regal Beloit Corporation Announces Dividend   [Jul-23-18 04:28PM  PR Newswire]
▶ Manufacturing, ag leaders trade Trump tariff horror stories at Sen. Johnson roundtable   [Jul-16-18 05:35PM  American City Business Journals]
▶ AZZ Catches Eye: Stock Jumps 7.2%   [Jul-06-18 08:49AM  Zacks]
▶ Terrence Hahn Joins Regal Board of Directors   [Jun-15-18 06:15AM  PR Newswire]
▶ Should You Buy Regal Beloit Corporation (NYSE:RBC)?   [May-21-18 06:51PM  Simply Wall St.]
▶ Regal Beloit: 1Q Earnings Snapshot   [May-07-18 04:15PM  Associated Press]
▶ Top Ranked Value Stocks to Buy for March 6th   [Mar-06-18 08:36AM  Zacks]
▶ Regal Beloit Corp to Host Earnings Call   [07:30AM  ACCESSWIRE]
▶ Regal Beloit meets 4Q profit forecasts   [Feb-05-18 04:35PM  Associated Press]
▶ Regal Beloit Corporation Announces Dividend   [Jan-22-18 07:00AM  PR Newswire]
▶ CFO Moves: Regal Beloit Corp.   [Nov-06-17 03:36PM  The Wall Street Journal]
▶ Regal Beloit misses 3Q profit forecasts   [07:32AM  Associated Press]
▶ Regal Beloit Corp to Host Earnings Call   [06:35AM  ACCESSWIRE]
▶ Regal Beloit Announces Dividend   [Oct-30-17 07:00AM  PR Newswire]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.