a number of brokerages have recently issued reports on roll. bank of america raised their price objective on rbc bearings from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on wednesday, november 8th. zacks investment research upgraded rbc bearings from a “hold” rating to a “buy” rating and set a $136.00 price objective for the company in a research report on tuesday, september 26th. drexel hamilton began coverage on rbc bearings in a research report on thursday, december 21st. they set a “buy” rating and a $140.00 price objective for the company. bidaskclub downgraded rbc bearings from a “strong-buy” rating to a “buy” rating in a research report on wednesday, december 6th. finally, valuengine downgraded rbc bearings from a “buy” rating to a “hold” rating in a research report on friday, december 1st. one equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. the company has a consensus rating of “hold” and an average target price of $139.50.
rbc bearings (nasdaq:roll) opened at $125.62 on friday. rbc bearings has a 1 year low of $87.61 and a 1 year high of $139.95. the company has a debt-to-equity ratio of 0.26, a quick ratio of 1.64 and a current ratio of 4.68. the stock has a market capitalization of $3,060.96, a pe ratio of 42.58, a peg ratio of 5.93 and a beta of 1.35.
rbc bearings (nasdaq:roll) last issued its quarterly earnings data on friday, november 3rd. the industrial products company reported $0.83 earnings per share (eps) for the quarter, missing the zacks’ consensus estimate of $0.85 by ($0.02). rbc bearings had a return on equity of 11.10% and a net margin of 11.18%. the company had revenue of $164.30 million for the quarter, compared to the consensus estimate of $164.56 million. during the same quarter last year, the business earned $0.78 earnings per share. rbc bearings’s revenue was up 6.8% compared to the same quarter last year. research analysts predict that rbc bearings will post 3.63 eps for the current fiscal year.