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

Equities research analysts at StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research report issued on Saturday. The brokerage set a “hold” rating on the stock.

RBC Bearings Stock Up 0.4 %

Shares of NASDAQ:ROLL opened at $288.16 on Friday. The stock has a market capitalization of $8.34 billion, a PE ratio of 139.88 and a beta of 1.34. The firm’s 50 day moving average price is $290.25 and its 200-day moving average price is $279.99. RBC Bearings has a twelve month low of $152.90 and a twelve 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.