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

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

RBC Bearings Stock Up 10.0 %

ROLL opened at $316.52 on Friday. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of 153.65 and a beta of 1.34. RBC Bearings has a fifty-two week low of $152.90 and a fifty-two week high of $264.94. The company’s 50-day moving average price is $290.13 and its 200 day moving average price is $282.12.

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.