News

Oct 30, 2024

RBC Bearings (NASDAQ:ROLL) Reaches New 52-Week High - Should You Buy?

RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $287.51 and last traded at $285.83, with a

RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $287.51 and last traded at $285.83, with a volume of 144440 shares traded. The stock had previously closed at $288.57.

Separately, StockNews.com started coverage on shares of RBC Bearings in a report on Saturday. They set a "hold" rating for the company.

Read Our Latest Analysis on RBC Bearings

The business has a 50 day moving average of $290.31 and a 200-day moving average of $280.36. The firm has a market capitalization of $8.27 billion, a P/E ratio of 140.08 and a beta of 1.34.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider RBC Bearings, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RBC Bearings wasn't on the list.

While RBC Bearings currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

With the COO stepping in as interim CEO, the company’s ability to maintain its success without Brian Niccol at the helm is under scrutiny.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools.