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NYSE:RBC

RBC Bearings (RBC) Stock Price, News & Analysis

$292.13
+4.47 (+1.55%)
(As of 07/26/2024 ET)
Today's Range
$289.61
$295.41
50-Day Range
$267.97
$306.57
52-Week Range
$203.65
$309.01
Volume
110,131 shs
Average Volume
164,079 shs
Market Capitalization
$8.45 billion
P/E Ratio
45.65
Dividend Yield
N/A
Price Target
$284.71

RBC Bearings MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
2.5% Downside
$284.71 Price Target
Short Interest
Bearish
4.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of RBC Bearings in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$167,496 Sold Last Quarter
Proj. Earnings Growth
10.27%
From $8.76 to $9.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.82 out of 5 stars

Industrial Products Sector

143rd out of 172 stocks

Ball & Roller Bearings Industry

2nd out of 2 stocks

RBC stock logo

About RBC Bearings Stock (NYSE:RBC)

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems 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. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear and maxum, and controlled start transmission. Further, the company's power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, material handling, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, and a network of industrial and aerospace distributors. The company was founded in 1919 and is based in Oxford, Connecticut.

RBC Stock Price History

RBC Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
RBC Bearings (NYSE:RBC) Price Target Cut to $315.00
RBC Bearings (NYSE:RBC) Sets New 1-Year High at $299.30
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q1 2024 Regal Rexnord Corp Earnings Call
RBC Capital Reaffirms Their Buy Rating on First Solar (FSLR)
Q1 2024 Cullen/Frost Bankers Inc Earnings Call
RBC Crosses Below Key Moving Average Level
See More Headlines
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Company Calendar

Last Earnings
5/17/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Ball & roller bearings
Sub-Industry
Industrial Machinery
CUSIP
75524B10
Employees
5,302
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$284.71
High Stock Price Target
$330.00
Low Stock Price Target
$240.00
Potential Upside/Downside
-2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$209.90 million
Pretax Margin
16.78%

Debt

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$14.02 per share
Book Value
$97.65 per share

Miscellaneous

Free Float
28,085,000
Market Cap
$8.45 billion
Optionable
Optionable
Beta
1.51

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RBC Stock Analysis - Frequently Asked Questions

How have RBC shares performed this year?

RBC Bearings' stock was trading at $284.89 at the start of the year. Since then, RBC stock has increased by 2.5% and is now trading at $292.13.
View the best growth stocks for 2024 here
.

How were RBC Bearings' earnings last quarter?

RBC Bearings Incorporated (NYSE:RBC) released its earnings results on Friday, May, 17th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.22. The business's quarterly revenue was up 4.9% compared to the same quarter last year.

What is Mark J. Gliebe's approval rating as RBC Bearings' CEO?

142 employees have rated RBC Bearings Chief Executive Officer Mark J. Gliebe on Glassdoor.com. Mark J. Gliebe has an approval rating of 34% among the company's employees. This puts Mark J. Gliebe in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Does RBC Bearings have any subsidiaries?

RBC Bearings subsidiaries include Dodge Mechanical Power Transmission Company Inc, Swiss Tool, Airtomic LLC, All Power de Mexico S. de R.L. de C.V., All Power Manufacturing Co., Bär und Mettler AG, Beck Bühler Mutschler Capital AG, and others.

Who are RBC Bearings' major shareholders?

Top institutional investors of RBC Bearings include Conestoga Capital Advisors LLC (2.52%), Bank of New York Mellon Corp (0.78%), Allspring Global Investments Holdings LLC (0.60%) and Raymond James & Associates (0.55%). Insiders that own company stock include Michael J Hartnett, Daniel A Bergeron, Richard R Crowell, Edward Stewart, Alan B Levine, Patrick S Bannon, Richard J Edwards, Robert M Sullivan, Michael H Ambrose, Steven H Kaplan and John J Feeney.
View institutional ownership trends
.

How do I buy shares of RBC Bearings?

Shares of RBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of RBC Bearings own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RBC Bearings investors own include Johnson & Johnson (JNJ), 3M (MMM), Netflix (NFLX), NVIDIA (NVDA), Verizon Communications (VZ), Home Depot (HD) and Mastercard (MA).

This page (NYSE:RBC) was last updated on 7/27/2024 by MarketBeat.com Staff

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