RBC Bearings (NASDAQ:ROLL) Reaches New 1-Year High – What’s Next?

RBC Bearings Incorporated (NASDAQ:ROLL)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $323.19 and last traded at $322.51, with a volume of 145964 shares trading hands. The stock had previously closed at $320.13.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of RBC Bearings in a research note on Tuesday. They set a “hold” rating on the stock.

RBC Bearings Trading Down 0.0 %

The business has a 50 day moving average price of $295.92 and a 200-day moving average price of $287.09. The firm has a market capitalization of $9.39 billion, a PE ratio of 157.50 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.