RBC Bearings (NASDAQ:ROLL) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a report issued on Friday morning. The brokerage issued a hold rating on the stock.

RBC Bearings Stock Down 0.9 %

Shares of RBC Bearings stock opened at $327.58 on Friday. RBC Bearings has a twelve month low of $152.90 and a twelve month high of $264.94. The company’s 50 day moving average is $309.59 and its 200 day moving average is $293.75. The company has a market cap of $9.48 billion, a price-to-earnings ratio of 160.52 and a beta of 1.34.

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.