NYSE:RBC

RBC Bearings - RBC Stock Forecast, Price & News

$228.25

+2.77 (+1.23%)

(As of 03/29/2023 04:00 PM ET)

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Today's Range: $225.30
▼
$228.89
50-Day Range: $212.29
▼
$249.53
52-Week Range: $152.90
▼
$264.94

Volume: 97,369 shs
Average Volume: 172,147 shs
Market Capitalization: $6.62 billion

P/E Ratio: 52.23
Dividend Yield: N/A
Price Target: $237.57

Institutional Ownership

RBC Bearings MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 4.3% Upside
$237.57 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.57
Based on 9 Articles This Week
Insider Trading: Selling Shares
$470,640 Sold Last Quarter
Proj. Earnings Growth: 14.29%
From $6.93 to $7.92 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.27 out of 5 stars

Industrial Products Sector

174th out of 177 stocks

Ball & Roller Bearings Industry

2nd out of 2 stocks

1.0

Analyst's Opinion

Consensus Rating
RBC Bearings has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $237.57, RBC Bearings has a forecasted upside of 4.3% from its current price of $227.83.
Amount of Analyst Coverage
RBC Bearings has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RBC.

0.0

Dividend Strength

Dividend Yield
RBC Bearings does not currently pay a dividend.
Dividend Growth
RBC Bearings does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBC.

2.5

News and Social Media Coverage

News Sentiment
RBC Bearings has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for RBC Bearings this week, compared to 2 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 1 reddit mention for RBC Bearings this week, compared to 2 mentions on an average week.
Search Interest
33 people have searched for RBC on MarketBeat in the last 30 days. This is an increase of 74% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added RBC Bearings to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RBC Bearings insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $470,640.00 in company stock.
Percentage Held by Insiders
Only 2.80% of the stock of RBC Bearings is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for RBC Bearings are expected to grow by 14.29% in the coming year, from $6.93 to $7.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RBC Bearings is 52.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of RBC Bearings is 52.14, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.73.
Price to Earnings Growth Ratio
RBC Bearings has a PEG Ratio of 5.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
RBC Bearings has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RBC Bearings (NYSE:RBC) Stock

RBC Bearings, Inc. engages in the design, manufacture, and marketing of engineered precision bearings and products. It operates through the Aerospace and Defense, and Industrial segments. The Aerospace and Defense segment represents the end markets for the company's highly engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications. The Industrial segment refers to the end markets for the company's highly engineered bearings, gearings and precision components used in various industrial applications including power transmission, construction, mining, energy and specialized equipment manufacturing, semiconductor production equipment manufacturing, agricultural machinery, commercial truck and automotive manufacturing, and tool holding. The company was founded in 1919 and is headquartered in Oxford, CT.

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RBC Stock News Headlines

March 29, 2023 | marketwatch.com

Industrial Bearings Market Share by Manufacturers to 2031

March 29, 2023 | marketwatch.com

2023-2029 Rod End Joint Bearing Market Size (Share and Outlook) with Comprehensive Regional Analysis | Research Report by Absolute Reports

March 29, 2023 | Weiss Ratings (Ad)

Urgent Warning

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March 27, 2023 | marketwatch.com

Aerospace & Defense C-Class Parts Market by 2031

March 27, 2023 | marketwatch.com

Composite Bearings Market Size and Forecast till 2030

March 24, 2023 | marketwatch.com

Self-lubricating Bearings Market Outlook By 2031

March 24, 2023 | marketwatch.com

Radial Spherical Plain Bearing Market is Booming Worldwide to Show Significant Growth over the Forecast 2023 to 2030

March 23, 2023 | marketwatch.com

Rolling Bearing Market Size 2023 Global Industry Development Analysis by Manufacturers Profiles and Forecast till 2026

March 29, 2023 | Weiss Ratings (Ad)

Urgent Warning

March 22, 2023 | marketwatch.com

Automotive Engine Bearings Market Size with Growth Opportunities, Top Countries Data, Future Trends and Share with Revenue Forecast 2027

March 21, 2023 | marketwatch.com

Radial Bearings Market [2023-2028] Overview | Booming Global Industry | Latest Report with Top Countries Data

March 21, 2023 | marketwatch.com

Ball Bearing Market Size and Forecast till 2028

March 20, 2023 | marketwatch.com

Rod Ends Market Outlook and Forecast till 2028

March 17, 2023 | marketwatch.com

The Dual Ball Bearing Market Size 2023 - 2030 Market Type, Quantitative Analysis, Market Growth Development, and Top Key Players.

March 13, 2023 | marketwatch.com

The Market Research Report On Steering Column Bearings Is Finally Here With A Forecast To 2030.

March 9, 2023 | marketwatch.com

Roller Bearing Market Application, Product, Sales and Forecast 2023-2028

March 9, 2023 | marketwatch.com

Global "Rod End Bearings Market" Share [2023-2026] | Comprehensive Research with Growth Insights

March 8, 2023 | marketwatch.com

Radial Bearings Market Report 2023: Acute Analysis of Global Demand and Supply by 2028

March 6, 2023 | marketwatch.com

This report on Tapered Roller Bearings research analysts highlights the existing knowledge on this market size.

March 6, 2023 | finance.yahoo.com

Aerospace Bearings Market to Worth USD 17.44 Billion | At a CAGR 7.95%

March 2, 2023 | marketwatch.com

Global Sliding Bearing Market | 2023-2028 | A Comprehensive Analysis with Data Solutions

February 27, 2023 | marketwatch.com

Automotive Bearing Market Demand To Be Driven By Technological Advancements In The Forecast Period Of 2023-2028

February 27, 2023 | marketwatch.com

Spherical Bearings Market Outlook 2023 and Forecast to 2028 with Top Countries Data

February 24, 2023 | marketwatch.com

Single-Row Tapered Roller Bearings Market Size 2023 Research Report with Industry Growth Assessment and Forecast till 2025

February 22, 2023 | marketwatch.com

Spherical Bearings Market 2023: Competitive Landscape and Market Share Analysis till 2028

February 19, 2023 | marketwatch.com

2023 Contact Bearings Market: Maximize Growth Potential and Increasing Demand Forecast to 2029

February 14, 2023 | marketwatch.com

Automotive Engine Bearings Market 2023 : Detailed analysis of Industry Potential Growth attractive Valuation and growth Forecast up to 2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RBC Company Calendar

Last Earnings: 11/12/2021
Today: 3/29/2023
Fiscal Year End: 3/31/2023
Next Earnings (Estimated): 5/25/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Ball & roller bearings
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:RBC
CUSIP: 75524B10
CIK: 1324948
Web: www.rbcbearings.com
Phone: (203) 267-7001
Fax: 203-267-5000
Employees: 3,549
Year Founded: 1919

Price Target and Rating

Average Stock Price Forecast: $237.57
High Stock Price Forecast: $283.00
Low Stock Price Forecast: $193.00
Forecasted Upside/Downside: +4.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.37
Trailing P/E Ratio: 52.03
Forward P/E Ratio: 32.81
P/E Growth: 5.4
Net Income: $54.71 million
Net Margins: 10.04%
Pretax Margin: 13.60%
Return on Equity: 8.40%
Return on Assets: 4.28%

Debt

Debt-to-Equity Ratio: 0.59
Current Ratio: 3.19
Quick Ratio: 1.15

Sales & Book Value

Annual Sales: $942.90 million
Price / Sales: 7.00
Cash Flow: $6.82 per share
Price / Cash Flow: 33.35
Book Value: $82.16 per share
Price / Book: 2.77

Miscellaneous

Outstanding Shares: 29,020,000
Free Float: 28,209,000
Market Cap: $6.60 billion
Optionable: Optionable
Beta: 1.42

Social Links

Key Executives

Michael J. Hartnett
Chairman, President & Chief Executive Officer

Daniel A. Bergeron
Chief Operating Officer, Director & Vice President

Robert M. Sullivan
VP, Chief Financial & Accounting Officer

Richard J. Edwards
Vice President & General Manager-RBC Divisions

Patrick S. Bannon
Vice President & General Manager

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

RBC Stock - Frequently Asked Questions

Should I buy or sell RBC Bearings stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RBC Bearings in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RBC, but not buy additional shares or sell existing shares.
View RBC analyst ratings or view top-rated stocks.
What is RBC Bearings' stock price forecast for 2023?: 8 brokers have issued 12 month price targets for RBC Bearings' stock. Their RBC share price forecasts range from $193.00 to $283.00. On average, they predict the company's stock price to reach $237.57 in the next year. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for RBC or view top-rated stocks among Wall Street analysts.
How have RBC shares performed in 2023?: RBC Bearings' stock was trading at $209.35 at the beginning of the year. Since then, RBC shares have increased by 8.6% and is now trading at $227.39.
View the best growth stocks for 2023 here.
When is RBC Bearings' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our RBC earnings forecast.
How were RBC Bearings' earnings last quarter?: RBC Bearings Incorporated (NYSE:RBC) issued its quarterly earnings data on Friday, November, 12th. The industrial products company reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.16. The industrial products company had revenue of $160.90 million for the quarter, compared to analysts' expectations of $159.61 million. RBC Bearings had a net margin of 10.04% and a trailing twelve-month return on equity of 8.40%. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 EPS.
What ETFs hold RBC Bearings' stock?: ETFs with the largest weight of RBC Bearings (NYSE:RBC) stock in their portfolio include First Trust RBA American Industrial RenaissanceTM ETF (AIRR), iShares U.S. Aerospace & Defense ETF (ITA), Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Global X U.S. Infrastructure Development ETF (PAVE), iShares Russell 2000 Value ETF (IWN), Vanguard Small-Cap Value ETF (VBR) and JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).
What guidance has RBC Bearings issued on next quarter's earnings?: RBC Bearings issued an update on its fourth quarter 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $375.00 million-$385.00 million, compared to the consensus revenue estimate of $386.49 million.
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.

What other stocks do shareholders of RBC Bearings own?: Based on aggregate information from My MarketBeat watchlists, some companies that other RBC Bearings investors own include Johnson & Johnson (JNJ), 3M (MMM), Netflix (NFLX), NVIDIA (NVDA), Verizon Communications (VZ), Home Depot (HD), Mastercard (MA), Exxon Mobil (XOM), AbbVie (ABBV) and CVS Health (CVS).
What is RBC Bearings' stock symbol?: RBC Bearings trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBC."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is RBC Bearings' stock price today?: One share of RBC stock can currently be purchased for approximately $227.39.
How much money does RBC Bearings make?: RBC Bearings (NYSE:RBC) has a market capitalization of $6.60 billion and generates $942.90 million in revenue each year. The industrial products company earns $54.71 million in net income (profit) each year or $4.37 on an earnings per share basis.
How many employees does RBC Bearings have?: The company employs 3,549 workers across the globe.
Does RBC Bearings have any subsidiaries?: The following companies are subsidiares of RBC Bearings: Airtomic LLC, All Power Manufacturing Co., All Power de Mexico S. de R.L. de C.V., Beck Bühler Mutschler Capital AG, Bär und Mettler AG, Climax Metal Products Company, Dodge Industrial (Shanghai) Company Limited, Dodge Industrial Australia Pty Ltd, Dodge Industrial Canada Inc., Dodge Industrial Inc., Dodge Industrial India Private Limited, Dodge Mechanical Power Transmission Company Inc, Dodge Mechanical Power Transmission Mexico S. de R.L. de C.V., Industrial Tectonics Bearings Corporation, RBC Aerostructures LLC, RBC Aircraft Products Inc., RBC Bearings Polska sp. z o.o., RBC France SAS., RBC Lubron Bearing Systems Inc., RBC Nice Bearings Inc., RBC Oklahoma Inc., RBC Precision Products Inc., RBC Southwest Products Inc., RBC Turbine Components LLC, RBC de Mexico S. de R.L. de C.V., Roller Bearing Company of America Inc., Sargent Aerospace and Defense LLC, Schaublin GmbH., Schaublin Holding SA, Schaublin SA, Shanghai ABB Power Transmission Company Ltd., Shanghai Representative Office of Roller Bearing Company of America Inc., Sonic Industries Inc., Swiss Tool, Swiss Tool Systems AG, Vianel Holding AG, and Western Precision Aero LLC.
Read More
How can I contact RBC Bearings?: RBC Bearings' mailing address is ONE TRIBOLOGY CENTER, OXFORD CT, 06478. The official website for the company is www.rbcbearings.com. The industrial products company can be reached via phone at (203) 267-7001, via email at investors@rbcbearings.com, or via fax at 203-267-5000.

This page (NYSE:RBC) was last updated on 3/29/2023 by MarketBeat.com Staff

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RBC Bearings - RBC Stock Forecast, Price & News

RBC Bearings MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About RBC Bearings (NYSE:RBC) Stock

RBC Stock News Headlines

RBC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders

RBC Stock - Frequently Asked Questions

Overall MarketRank^™