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

StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.

RBC Bearings Trading Down 2.6 %

Shares of RBC Bearings stock opened at $284.12 on Monday. The company has a fifty day simple moving average of $282.79 and a 200-day simple moving average of $270.49. The stock has a market cap of $8.22 billion, a price-to-earnings ratio of 137.92 and a beta of 1.34. RBC Bearings has a 12-month low of $152.90 and a 12-month high of $264.94.

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.