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

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

RBC Bearings Stock Down 1.0%

Shares of ROLL stock opened at $373.30 on Thursday. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94. The business’s 50 day moving average is $334.61 and its two-hundred day moving average is $331.21. The company has a market cap of $10.80 billion, a PE ratio of 181.21 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.