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

StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.

RBC Bearings Trading Up 0.5 %

Shares of RBC Bearings stock opened at $321.68 on Friday. RBC Bearings has a twelve month low of $152.90 and a twelve month high of $264.94. The stock has a market capitalization of $9.31 billion, a price-to-earnings ratio of 156.16 and a beta of 1.34. The business’s 50 day simple moving average is $340.38 and its 200-day simple moving average is $322.40.

About RBC Bearings

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.