RBC Bearings (NASDAQ:ROLL) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research note issued on Monday. The brokerage set a “hold” rating on the stock.

RBC Bearings Price Performance

Shares of ROLL opened at $355.95 on Monday. The company has a 50 day simple moving average of $331.09 and a two-hundred day simple moving average of $313.23. 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 $10.30 billion, a P/E ratio of 172.79 and a beta of 1.34.

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.