StockNews.com Begins Coverage on RBC Bearings (NASDAQ:ROLL)

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

RBC Bearings Stock Up 0.6 %

NASDAQ:ROLL opened at $315.22 on Thursday. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94. The firm has a market cap of $9.12 billion, a P/E ratio of 153.02 and a beta of 1.34. The business’s 50-day moving average price is $317.19 and its 200 day moving average price is $300.67.

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.