Begins Coverage on RBC Bearings (NASDAQ:ROLL) started coverage on shares of RBC Bearings (NASDAQ:ROLLFree Report) in a research report released on Tuesday. The brokerage issued a hold rating on the stock.

RBC Bearings Trading Down 0.8 %

NASDAQ ROLL opened at $279.92 on Tuesday. The company’s 50 day moving average is $266.72 and its two-hundred day moving average is $267.39. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 135.88 and a beta of 1.34. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94.

About RBC Bearings

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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.

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