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$1.13 EPS Expected for RBC Bearings Incorporated (ROLL)

Resource from:  https://nmsuherald.com/2018/05/07/1-13-eps-expected-for-rbc-bearings-incorporated-roll/ Likes:175
May 08,2018

Investors sentiment decreased to 1.58 in 2017 Q4. Its down 0.42, from 2 in 2017Q3. It worsened, as 8 investors sold RBC Bearings Incorporated shares while 51 reduced holdings. 30 funds opened positions while 63 raised stakes. 23.58 million shares or 1.65% more from 23.19 million shares in 2017Q3 were reported.

The New York-based Oppenheimer Asset Inc has invested 0.03% in RBC Bearings Incorporated (NASDAQ:ROLL). Hancock Holding stated it has 11,175 shares or 0.06% of all its holdings. Great West Life Assurance Can invested in 0% or 3,002 shares. Eaton Vance Mgmt stated it has 80,715 shares. Hsbc Public Ltd Co reported 10,258 shares. Vanguard Grp Inc Inc has 0.01% invested in RBC Bearings Incorporated (NASDAQ:ROLL) for 1.89M shares. Regions Fincl Corp invested in 0.02% or 16,606 shares. 2,500 are owned by Cap Fund Sa. Geode Capital Management Limited Liability holds 0.01% or 218,037 shares. Dimensional Fund Advsrs L P owns 0.03% invested in RBC Bearings Incorporated (NASDAQ:ROLL) for 569,111 shares. 290,903 are owned by Alliancebernstein Ltd Partnership. 7,263 were accumulated by Metropolitan Life Insur New York. State Board Of Administration Of Florida Retirement Sys has invested 0% of its portfolio in RBC Bearings Incorporated (NASDAQ:ROLL). Amalgamated Fincl Bank, a New York-based fund reported 3,186 shares. Eulav Asset Mngmt holds 0.31% or 52,500 shares.

Since February 14, 2018, it had 0 insider buys, and 6 sales for $5.74 million activity. 4,900 shares were sold by LEVINE ALAN B, worth $566,930 on Wednesday, February 14. Another trade for 27,421 shares valued at $3.51 million was sold by HARTNETT MICHAEL J. The insider Faghri Amir sold 4,500 shares worth $563,890. Shares for $624,590 were sold by Crainer Thomas C on Thursday, March 15.

Analysts expect RBC Bearings Incorporated (NASDAQ:ROLL) to report $1.13 EPS on May, 30.They anticipate $0.23 EPS change or 25.56 % from last quarter’s $0.9 EPS. ROLL’s profit would be $26.68 million giving it 25.44 P/E if the $1.13 EPS is correct. After having $1.05 EPS previously, RBC Bearings Incorporated’s analysts see 7.62 % EPS growth. The stock increased 1.62% or $1.83 during the last trading session, reaching $114.98. About 63,476 shares traded. RBC Bearings Incorporated (NASDAQ:ROLL) has risen 31.39% since May 7, 2017 and is uptrending. It has outperformed by 19.84% the S&P500.

RBC Bearings Incorporated (NASDAQ:ROLL) Ratings Coverage
Among 4 analysts covering RBC Bearings (NASDAQ:ROLL), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RBC Bearings had 4 analyst reports since November 8, 2017 according to SRatingsIntel. The stock of RBC Bearings Incorporated (NASDAQ:ROLL) has “Buy” rating given on Wednesday, November 29 by C.L. King. The rating was maintained by Bank of America with “Buy” on Wednesday, November 8.

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. The company has market cap of $2.72 billion. It operates in four divisions: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. It has a 33.94 P/E ratio. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment.
(https://nmsuherald.com/2018/05/07/1-13-eps-expected-for-rbc-bearings-incorporated-roll/)
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