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

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

RBC Bearings Trading Up 3.3 %

RBC Bearings stock opened at $344.69 on Tuesday. RBC Bearings has a 1-year low of $152.90 and a 1-year high of $264.94. The company has a fifty day simple moving average of $332.31 and a 200 day simple moving average of $325.78. The company has a market cap of $9.97 billion, a P/E ratio of 167.33 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.