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

StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research report report published on Thursday. The firm issued a hold rating on the stock.

RBC Bearings Stock Performance

ROLL opened at $244.25 on Thursday. The company has a market cap of $7.07 billion, a price-to-earnings ratio of 118.57 and a beta of 1.34. The business’s fifty day moving average is $262.10 and its two-hundred day moving average is $257.51. RBC Bearings has a one year low of $152.90 and a one year high of $264.94.

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.