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

StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

RBC Bearings Trading Up 0.4 %

Shares of NASDAQ:ROLL opened at $339.97 on Wednesday. The business has a fifty day simple moving average of $298.41 and a 200 day simple moving average of $288.66. RBC Bearings has a 1 year low of $152.90 and a 1 year high of $264.94. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 165.03 and a beta of 1.34.

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.