RBC Bearings (NASDAQ:ROLL) Coverage Initiated at StockNews.com

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

RBC Bearings Stock Performance

Shares of NASDAQ ROLL opened at $362.77 on Friday. The business’s 50-day simple moving average is $321.88 and its 200-day simple moving average is $306.00. 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 $10.50 billion, a price-to-earnings ratio of 176.10 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.