RBC Bearings (NASDAQ:ROLL) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a research note issued on Saturday. The brokerage set a "hold" rating on the stock.

RBC Bearings Stock Performance

Shares of NASDAQ:ROLL traded up $1.79 during trading on Friday, reaching $364.56. 188,155 shares of the stock traded hands, compared to its average volume of 155,583. The stock has a market cap of $10.55 billion, a P/E ratio of 176.97 and a beta of 1.34. The stock has a 50-day moving average of $322.49 and a two-hundred day moving average of $306.74. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94.

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.