Oct 26, 2024
RBC Bearings (NASDAQ:ROLL) Research Coverage Started at StockNews.com
Equities researchers at StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a report issued on Saturday. The firm set a "hold" rating on the stock. Shares of ROLL
Equities researchers at StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a report issued on Saturday. The firm set a "hold" rating on the stock.
Shares of ROLL stock opened at $288.16 on Friday. The stock's 50 day simple moving average is $290.25 and its 200 day simple moving average is $279.99. RBC Bearings has a twelve month low of $152.90 and a twelve month high of $264.94. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 139.88 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.
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