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

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

RBC Bearings Stock Down 1.0 %

NASDAQ:ROLL opened at $297.43 on Monday. The business’s 50-day moving average price is $316.86 and its 200 day moving average price is $297.15. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94. The firm has a market cap of $8.60 billion, a P/E ratio of 144.38 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.