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

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

RBC Bearings Stock Performance

Shares of ROLL stock opened at $301.65 on Monday. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94. The stock has a market cap of $8.73 billion, a price-to-earnings ratio of 146.43 and a beta of 1.34. The firm’s 50-day moving average is $316.62 and its 200-day moving average is $296.96.

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.