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Regal Beloit Stock Composite Rating Moves Up To Near-Best 96; Sales, Profit Growth Have Accelerated 4 Quarters In Row

Highly rated Regal Beloit (RBC) moved a couple of clicks closer to a perfect IBD SmartSelect Composite Rating Thursday, as it was upgraded from 94 to 96.




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The new rating shows Regal Beloit stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Regal Beloit Stock Accumulated By Big Investors

Beloit, Wis.-based Regal Beloit earns an 86 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 86% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q2, the maker of electric motors, generators, controls and other components and systems reported 140% EPS growth, to $2.28. It has now posted year-over-year EPS increases for four consecutive quarters. Top line grew 40% to $886.9 million, up from 11% growth in the prior quarter. The company has now also posted rising sales growth in each of the last four quarters.


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Regal Beloit stock holds the No. 2 rank among its peers in the Electrical Power/Equipment industry group. Encore Wire (WIRE) and Generac (GNRC) are also among the top-ranked stocks in the group.

Regal Beloit stock is currently forming a consolidation, with a 159.74 buy point. Look for the stock to break out in heavy trade, ideally at least 40% higher than normal.

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