RBC Bearings Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RBC Bearings in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RBC Bearings stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROLL, but not buy additional shares or sell existing shares.
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RBC Bearings saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 342,700 shares, an increase of 18.2% from the June 30th total of 290,000 shares. Based on an average trading volume of 94,300 shares, the short-interest ratio is presently 3.6 days. Approximately 1.4% of the company's stock are short sold.
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RBC Bearings is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for RBC Bearings.

RBC Bearings will be holding an earnings conference call on Thursday, August 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "9469440".

RBC Bearings Incorporated (NASDAQ:ROLL) issued its quarterly earnings results on Thursday, May, 20th. The industrial products company reported $1.08 EPS for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.01. The industrial products company had revenue of $160.30 million for the quarter, compared to analyst estimates of $158.97 million. RBC Bearings had a net margin of 14.72% and a trailing twelve-month return on equity of 8.08%. The company's revenue was down 13.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.33 earnings per share.
View RBC Bearings' earnings history.

RBC Bearings' stock was trading at $140.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ROLL stock has increased by 63.9% and is now trading at $230.17.
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RBC Bearings issued an update on its first quarter 2022 earnings guidance on Tuesday, June, 15th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $154 million-158 million, compared to the consensus revenue estimate of $157.43 million.

4 Wall Street analysts have issued 1-year price objectives for RBC Bearings' stock. Their forecasts range from $225.00 to $225.00. On average, they expect RBC Bearings' stock price to reach $225.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
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34 employees have rated RBC Bearings CEO Michael J. Hartnett on Glassdoor.com. Michael J. Hartnett has an approval rating of 31% among RBC Bearings' employees. This puts Michael J. Hartnett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to RBC Bearings include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll Rand (IR), IDEX (IEX), Graco (GGG), Nordson (NDSN), Pentair (PNR), Snap-on (SNA), The Middleby (MIDD), Donaldson (DCI), ITT (ITT) and Lincoln Electric (LECO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other RBC Bearings investors own include AT&T (T), General Motors (GM), NVIDIA (NVDA), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Kohl's (KSS), Royal Bank of Canada (RY), Wells Fargo & Company (WFC) and Weyerhaeuser (WY).

RBC Bearings trades on the NASDAQ under the ticker symbol "ROLL."

RBC Bearings' stock is owned by a variety of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (3.11%), Envestnet Asset Management Inc. (0.39%), Brinker Capital Investments LLC (0.21%), Confluence Investment Management LLC (0.16%), Whittier Trust Co. (0.15%) and Moody Aldrich Partners LLC (0.13%). Company insiders that own RBC Bearings stock include Alan B Levine, Amir Faghri, Daniel A Bergeron, Edward Stewart, Michael J Hartnett, Patrick S Bannon, Richard J Edwards, Richard R Crowell, Robert M Sullivan, Steven H Kaplan and Thomas J Obrien.
View institutional ownership trends for RBC Bearings.

ROLL stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Victory Capital Management Inc., New York State Common Retirement Fund, Nelson Van Denburg & Campbell Wealth Management Group LLC, Arizona State Retirement System, Moody Aldrich Partners LLC, and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold RBC Bearings company stock in the last year include Daniel A Bergeron, Edward Stewart, Michael J Hartnett, Patrick S Bannon, Richard J Edwards, and Robert M Sullivan.
View insider buying and selling activity for RBC Bearings or view top insider-selling stocks.

ROLL stock was purchased by a variety of institutional investors in the last quarter, including Brinker Capital Investments LLC, Envestnet Asset Management Inc., Conestoga Capital Advisors LLC, DAVENPORT & Co LLC, Whittier Trust Co., Advisors Capital Management LLC, Advisor Group Holdings Inc., and Oppenheimer Asset Management Inc..
View insider buying and selling activity for RBC Bearings or or view top insider-buying stocks.

Shares of ROLL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ROLL stock can currently be purchased for approximately $230.17.

RBC Bearings has a market capitalization of $5.79 billion and generates $608.98 million in revenue each year. The industrial products company earns $89.63 million in net income (profit) each year or $3.87 on an earnings per share basis.

RBC Bearings employs 3,885 workers across the globe.

The following companies are subsidiares of RBC Bearings: All Power Manufacturing Co., All Power de Mexico, Avborne Accessory Group, Climax Metal Products Company, Industrial Tectonics Bearings, Phoenix Bearings, RBC Aerostructures LLC, RBC Aircraft Products, RBC Bearings Canada, RBC Bearings Polska sp. z o.o., RBC Bearings U.K. Limited, RBC France SAS, RBC Linear Precision Products, RBC Lubron Bearing Systems, RBC Nice Bearings, RBC Oklahoma, RBC Precision Products—Bremen, RBC Precision Products—Plymouth, RBC Southwest Products, RBC Turbine Components LLC, RBC de Mexico S DE RL DE CV, Roller Bearing Company of America, Sargent Aerospace and Defense LLC, Schaublin GmbH, Schaublin Holdings SA, Schaublin SA, Shanghai Representative Office of Roller Bearing Company of America, Sonic Industries, and Western Precision Aero LLC.

RBC Bearings was founded in 1919.

The official website for RBC Bearings is www.rbcbearings.com.

RBC Bearings is headquartered at ONE TRIBOLOGY CENTER, OXFORD CT, 06478.

RBC Bearings' mailing address is ONE TRIBOLOGY CENTER, OXFORD CT, 06478. The industrial products company can be reached via phone at (203) 267-7001 or via email at [email protected]