RBC Bearings (NASDAQ:ROLL) Hits New 1-Year High – Still a Buy?

RBC Bearings Incorporated (NASDAQ:ROLL) shares hit a new 52-week high on Monday . The stock traded as high as $337.43 and last traded at $335.23, with a volume of 139516 shares. The stock had previously closed at $335.11.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of RBC Bearings in a report on Wednesday, November 27th. They issued a “hold” rating on the stock.

RBC Bearings Stock Down 0.4 %

The company has a market cap of $9.83 billion, a PE ratio of 164.91 and a beta of 1.34. The firm’s fifty day simple moving average is $304.60 and its 200-day simple moving average is $291.79.

About RBC Bearings

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components 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.