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Is this Large Market Cap Stock target price reasonable for Rexnord Corporation (NYSE:RXN)?

The company in question is, Rexnord Corporation (NYSE:RXN) currently with a stock price of 19.19 (0.03% today). The market cap for Rexnord Corporation is 2021.86, and is in the sector Industrial Goods, and Diversified Machinery industry. The target price for Rexnord Corporation is 21.75. Currently Rexnord Corporation is trading with a P/E of 29.61, and a forward P/E of 11.17. Average volume for Rexnord Corporation is 514.95 and so far today it is 101325.

Performance in the last year for Rexnord Corporation has been 7.57%. For EPS growth, Rexnord Corporation has seen a growth of -23.50%, and is looking to grow in the next year to 13.55%. More long term stats show that EPS growth has been 23.20% over the last five years and could be 9.99% for the next five years. Rexnord Corporation has seen sales growth quarter over quarter at -2.70%, with EPS growth quarter over quarter at -11.10%. The 20-day simple moving average is -8.89%, with the 200-day simple moving average coming to -3.52%.

Since the IPO date for Rexnord Corporation on the 3/29/2012, Rexnord Corporation has seen performance year to date to be 5.91%. With Rexnord Corporation trading at 19.19, the dividend yield is *TBA, and the EPS is 0.65.

So could Rexnord Corporation, be undervalued? Well as said before P/E is 29.61. The PEG is 2.97, P/S is 1.06 and the P/B is at 3.2. The P/cash is 11.04, with P/free cash flow at 11.6.

Rexnord Corporation ability to deal with debt shows that the current ratio is 2.5, and the quick ratio is 1.5. This is with long term debt/equity at 2.98, and total debt/equity at 2.99.

In terms of margins, Rexnord Corporation has a gross margin of 34.60%, an operating margin of 8.40% and a profit margin of 3.40%.Payout ratio for Rexnord Corporation is 0.00%. Return on assets come to 2.00% with return on investment coming to 6.30%.

Insider ownership for Rexnord Corporation, is at 0.30% and institutional ownership comes to 88.50%. Outstanding shares are at 105.36. While shares float is 102.4. The float short is currently 1.54%, and short ratio is 3.06.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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