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

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

RBC Bearings Stock Performance

ROLL stock opened at $357.11 on Friday. The company’s 50 day moving average price is $325.32 and its 200 day moving average price is $309.35. RBC Bearings has a fifty-two week low of $152.90 and a fifty-two week high of $264.94. The firm has a market capitalization of $10.33 billion, a price-to-earnings ratio of 173.35 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.