RBC Bearings Incorporated Upgraded to Equal Weight by Barclays Capital (ROLL)
ROLL has been the subject of a number of other recent research reports. Analysts at CIBC raised their price target on shares of RBC Bearings Incorporated from $66.00 to $68.00 in a research note to investors on Tuesday. They now have a “sector outperform” rating on the stock. Separately, analysts at RBC Capital downgraded shares of RBC Bearings Incorporated from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, January 17th. They now have a $55.00 price target on the stock. Finally, analysts at William Blair downgraded shares of RBC Bearings Incorporated from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, January 17th. They now have a $55.00 price target on the stock.
RBC Bearings Incorporated traded down 0.80% on Thursday, hitting $49.49. RBC Bearings Incorporated has a 52-week low of $42.14 and a 52-week high of $54.40. The stock’s 50-day moving average is currently $51.73. The company has a market cap of $1.115 billion and a price-to-earnings ratio of 18.48.
RBC Bearings Incorporated last announced its quarterly earnings data on Thursday, February 7th. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.06. The company had revenue of $96.30 million for the quarter, compared to the consensus estimate of $100.61 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. On average, analysts predict that RBC Bearings Incorporated will post $2.47 earnings per share for the current fiscal year.
RBC Bearings Incorporated is an international manufacturer and marketer of engineered precision plain, roller and ball bearings.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
