RBC Bearings (NASDAQ:ROLL) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research note published on Thursday morning. The firm issued a hold rating on the stock.

RBC Bearings Stock Down 1.6 %

Shares of ROLL stock opened at $334.26 on Thursday. The stock has a 50-day moving average price of $305.46 and a 200 day moving average price of $292.13. The firm has a market cap of $9.67 billion, a price-to-earnings ratio of 162.26 and a beta of 1.34. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94.

RBC Bearings Company Profile

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.