News headlines about RBC Bearings (NASDAQ:ROLL) have trended somewhat positive on Saturday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RBC Bearings earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 47.2673103114715 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of RBC Bearings from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. BidaskClub upgraded shares of RBC Bearings from a “sell” rating to a “hold” rating in a report on Saturday, August 19th.
RBC Bearings (NASDAQ:ROLL) opened at $123.33 on Friday. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 38.34, a P/E/G ratio of 5.93 and a beta of 1.34. The company has a current ratio of 4.52, a quick ratio of 1.64 and a debt-to-equity ratio of 0.30.
RBC Bearings (NASDAQ:ROLL) last announced its quarterly earnings data on Friday, November 3rd. The industrial products company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). RBC Bearings had a return on equity of 11.25% and a net margin of 11.91%. The firm had revenue of $164.30 million during the quarter, compared to analysts’ expectations of $164.56 million. During the same quarter in the previous year, the firm earned $0.78 earnings per share. RBC Bearings’s revenue was up 6.8% on a year-over-year basis. analysts forecast that RBC Bearings will post 3.66 EPS for the current year.
About RBC Bearings
RBC Bearings Incorporated is an international manufacturer and marketer of engineered precision bearings and products, which are integral to the manufacture and operation of machines, aircraft and mechanical systems. The Company operates through four segments: Plain Bearings; Roller Bearings; Ball Bearings, and Engineered Products.
What are top analysts saying about RBC Bearings Incorporated? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for RBC Bearings Incorporated and related companies.