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

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

RBC Bearings Stock Down 3.2 %

Shares of NASDAQ:ROLL opened at $357.11 on Friday. The stock has a market cap of $10.33 billion, a PE ratio of 173.35 and a beta of 1.34. The company’s fifty day moving average is $325.32 and its 200 day moving average is $309.11. RBC Bearings has a 52 week low of $152.90 and a 52 week 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.