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

Equities researchers at StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL) in a report released on Monday. The brokerage set a “hold” rating on the stock.

RBC Bearings Price Performance

Shares of NASDAQ ROLL opened at $300.32 on Monday. The firm’s 50-day moving average is $316.62 and its two-hundred day moving average is $296.96. The company has a market capitalization of $8.69 billion, a PE ratio of 145.79 and a beta of 1.34. RBC Bearings has a 12-month low of $152.90 and a 12-month 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.