Company profile

Ticker
RXN
Exchange
Website
CEO
Todd Alan Adams
Employees
Incorporated
Location
Fiscal year end
Former names
Rexnord Holdings, Inc
SEC CIK
IRS number
205197013

RXN stock data

(
)

Calendar

27 Oct 20
22 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Dec 19 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Mar 20 Mar 19 Mar 18 Mar 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Rexnord earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 326.6M 326.6M 326.6M 326.6M 326.6M 326.6M
Cash burn (monthly) 8.93M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 33.46M n/a n/a n/a n/a n/a
Cash remaining 293.14M n/a n/a n/a n/a n/a
Runway (months of cash) 32.8 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
15 Jan 21 Christopoul Thomas Common Stock Grant Aquire A No 42.92 598 25.67K 45,506
15 Jan 21 Troy Peggy Common Stock Grant Aquire A No 42.92 525 22.53K 11,841
24 Nov 20 Powers George J Common Stock Sell Dispose S No 39.5 500 19.75K 36,294
24 Nov 20 Powers George J Common Stock Option exercise Aquire M No 25.77 500 12.89K 36,794
24 Nov 20 Powers George J Stock Option Common Stock Option exercise Dispose M No 25.77 500 12.89K 27,840
20 Nov 20 Whaley Patricia M Common Stock Gift Dispose G No 0 2,700 0 74,267
10 Nov 20 Zaba Kevin J Common Stock Sell Dispose S No 37.0583 64,115 2.38M 50,662
10 Nov 20 Zaba Kevin J Common Stock Option exercise Aquire M No 19.7 20,000 394K 114,777
10 Nov 20 Zaba Kevin J Common Stock Option exercise Aquire M No 25.77 33,063 852.03K 94,777
10 Nov 20 Zaba Kevin J Stock Option Common Stock Option exercise Dispose M No 19.7 20,000 394K 61,904
98.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 225 218 +3.2%
Opened positions 36 38 -5.3%
Closed positions 29 28 +3.6%
Increased positions 89 71 +25.4%
Reduced positions 70 83 -15.7%
13F shares
Current Prev Q Change
Total value 4.9B 4.16B +17.9%
Total shares 118.8M 119.11M -0.3%
Total puts 35.6K 43.1K -17.4%
Total calls 186.6K 7.6K +2355.3%
Total put/call ratio 0.2 5.7 -96.6%
Largest owners
Shares Value Change
JHG Janus Henderson 11.26M $336.03M -15.6%
Vanguard 9.99M $298.18M -5.4%
BLK Blackrock 8.89M $265.33M +2.3%
Wellington Management 8.83M $263.48M +5.2%
IPXAF Impax Asset Management 4.9M $146.24M +7.3%
Capital World Investors 4.83M $144.07M 0.0%
MCQEF Macquarie 4.44M $132.47M +6.1%
Dimensional Fund Advisors 3.67M $109.59M +0.7%
GS Goldman Sachs 3.41M $101.73M -4.0%
BEN Franklin Resources 3.26M $97.19M -4.0%
Largest transactions
Shares Bought/sold Change
JHG Janus Henderson 11.26M -2.08M -15.6%
Citadel Advisors 776.38K -1.34M -63.3%
FMR 164.09K -1.03M -86.2%
Clearbridge Advisors 865.8K +865.8K NEW
Millennium Management 40.34K -758.88K -95.0%
BK Bank Of New York Mellon 2.45M +696.36K +39.7%
Vanguard 9.99M -566.77K -5.4%
Alyeska Investment 1.89M +557.85K +41.9%
TROW T. Rowe Price 2.56M +551.66K +27.5%
Wellington Management 8.83M +437.47K +5.2%

Financial report summary

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Risks
  • Our business and operations, and the operations of our suppliers, business partners and customers, have been, and are expected to continue to be adversely affected by the recent Coronavirus (or COVID-19) outbreak, and may be adversely affected by future outbreaks of infectious diseases.
  • The markets in which we sell our products are highly competitive; an inability to effectively compete may adversely affect our financial conditions and results of operations.
  • We may be unable to realize intended benefits from our ongoing Supply Chain Optimization and Footprint Repositioning initiatives, restructuring and divestiture efforts, and as a result our profitability may be hurt or our business otherwise might be adversely affected.
  • If we are unable to effectively manage risks associated with changing technology, product innovation and new product development, manufacturing techniques, distribution channels and business continuity, we may be at a competitive disadvantage.
  • General economic and financial market weakness, as well as overall challenging market cycles, may adversely affect our financial condition or results of operations.
  • An inability to effectively integrate acquisitions could adversely affect our business, financial condition, results of operations or cash flows.
  • Our international operations are subject to uncertainties, which could adversely affect our business, financial condition, results of operations or cash flows.
  • The loss or financial instability of any significant customer or customers accounting for our backlog could adversely affect our business, financial condition, results of operations or cash flows.
  • We rely on independent distributors. Termination of one or more of our relationships with any of our key independent distributors or an increase in the distributors’ sales of our competitors’ products could have a material adverse effect on our business, financial condition, results of operations or cash flows.
  • The inability to adequately protect intellectual property, or defend against infringement claims brought against us, could adversely affect our business.
  • Terrorism, conflicts, wars and weather events may materially and adversely affect our business, financial condition and results of operations.
  • Increases in the cost or availability of raw materials, including as a result of tariffs or other trade protection measures, could adversely affect our business, financial condition, results of operations or cash flows.
  • The ongoing updates to our Enterprise Resource Planning ("ERP") systems, as well as failures of our data security and information technology infrastructure and cyber security, could cause substantial business interruptions and/or adversely affect our business.
  • Our inability to attract and retain key personnel may adversely affect our business.
  • Weather could adversely affect the demand for products in our Water Management platform and decrease our net sales.
  • Disruptions caused by labor disputes or organized labor activities could adversely affect our business or financial results.
  • Our debt levels could adversely affect our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industry, inhibit us from making beneficial acquisitions, adversely impact our ability to implement our capital allocation strategy and prevent us from making debt service payments.
  • The agreements governing our financing arrangements impose certain operating and financial restrictions, which could have a material adverse effect on our business, financial condition, results of operations or cash flows.
  • Our goodwill and intangible assets are valued at an amount that is high relative to our total assets and in excess of our stockholders equity.
  • Our required cash contributions to our pension plans may increase further and we could experience a material change in the funded status of our defined benefit pension plans and the amount recorded in our consolidated balance sheets related to those plans. Additionally, our pension costs could increase in future years.
  • Legal and Compliance Risks
  • Our failure to comply with government regulations and requirements, third-party certification requirements and policies and standards driven by our customers or other constituencies, including those related to social responsibility, could adversely affect our reputation, business and results of operations.
  • We are subject to changes in legislative, regulatory and legal developments involving taxes.
  • We may incur significant costs for environmental compliance and/or to address liabilities under environmental laws and regulations, and our reputation may be adversely affected.
  • Certain subsidiaries are subject to litigation, including numerous asbestos and product liability claims, which could adversely affect our business, reputation, financial condition, results of operations or cash flows.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Bad
New words: agreed, buyer, constitute, contemplated, Gear, gearbox, Mizuho, Precision, signatory, thereunder, true
Removed: commitment, computation, daily, evidencing, wholly