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

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

RBC Bearings Price Performance

Shares of NASDAQ:ROLL opened at $294.36 on Tuesday. The company’s 50 day simple moving average is $317.74 and its 200 day simple moving average is $297.85. RBC Bearings has a 1 year low of $152.90 and a 1 year high of $264.94. The stock has a market capitalization of $8.52 billion, a price-to-earnings ratio of 142.89 and a beta of 1.34.

About RBC Bearings

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.