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

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

RBC Bearings Price Performance

ROLL stock opened at $346.50 on Wednesday. The company has a 50 day simple moving average of $339.85 and a 200 day simple moving average of $316.95. The stock has a market cap of $10.02 billion, a price-to-earnings ratio of 168.20 and a beta of 1.34. RBC Bearings has a 1 year low of $152.90 and a 1 year 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.