RBC Bearings (NYSE:RBC) Posts Earnings Results, Beats Estimates By $0.33 EPS

RBC Bearings (NYSE:RBCGet Free Report) announced its quarterly earnings data on Friday. The industrial products company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.33, Briefing.com reports. RBC Bearings had a return on equity of 9.81% and a net margin of 13.45%. The company had revenue of $406.30 million for the quarter, compared to analyst estimates of $416.65 million. During the same quarter in the previous year, the company earned $1.98 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. RBC Bearings updated its Q2 2025 guidance to EPS.

RBC Bearings Stock Performance

Shares of RBC traded down $2.28 during trading hours on Monday, hitting $274.27. The stock had a trading volume of 308,359 shares, compared to its average volume of 147,219. RBC Bearings has a fifty-two week low of $214.14 and a fifty-two week high of $309.01. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 43.21, a PEG ratio of 3.55 and a beta of 1.51. The firm has a 50-day moving average price of $282.62 and a 200 day moving average price of $272.18. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.16 and a current ratio of 3.28.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Morgan Stanley upped their price objective on RBC Bearings from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, May 23rd. Truist Financial lowered their target price on RBC Bearings from $328.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Raymond James initiated coverage on RBC Bearings in a research report on Friday, June 28th. They set a “market perform” rating for the company. The Goldman Sachs Group upped their price objective on RBC Bearings from $245.00 to $276.00 and gave the company a “neutral” rating in a research note on Tuesday, May 28th. Finally, William Blair began coverage on RBC Bearings in a research note on Wednesday, May 29th. They issued an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, RBC Bearings has a consensus rating of “Moderate Buy” and a consensus target price of $284.71.

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Insider Activity

In other news, Director Michael H. Ambrose sold 600 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $279.16, for a total transaction of $167,496.00. Following the sale, the director now owns 6,728 shares of the company’s stock, valued at $1,878,188.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.90% of the company’s stock.

About RBC Bearings

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RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems 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.

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Earnings History for RBC Bearings (NYSE:RBC)

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