RBC Bearings (NASDAQ:ROLL) Earns Hold Rating from Analysts at StockNews.com

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

RBC Bearings Stock Up 1.2 %

NASDAQ:ROLL opened at $353.01 on Tuesday. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 171.36 and a beta of 1.34. The company’s 50 day moving average is $334.98 and its 200-day moving average is $315.01.

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.