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

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

RBC Bearings Trading Up 1.9 %

NASDAQ ROLL opened at $292.43 on Monday. RBC Bearings has a 1-year low of $152.90 and a 1-year high of $264.94. The stock has a 50-day moving average of $282.19 and a 200-day moving average of $270.24. The firm has a market cap of $8.46 billion, a PE ratio of 141.96 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.