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 Wednesday morning. The firm issued a hold rating on the stock.

RBC Bearings Price Performance

ROLL traded down $0.89 during trading hours on Wednesday, hitting $277.42. 86,892 shares of the stock were exchanged, compared to its average volume of 155,583. The stock has a market cap of $8.03 billion, a price-to-earnings ratio of 134.67 and a beta of 1.34. The stock has a 50-day simple moving average of $280.65 and a 200-day simple moving average of $271.61. RBC Bearings has a 12 month low of $152.90 and a 12 month 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.