RBC Bearings (ROLL) Receiving Somewhat Favorable News Coverage, Analysis Finds

News articles about RBC Bearings (NASDAQ:ROLL) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RBC Bearings earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.6411568243368 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of research firms recently weighed in on ROLL. Zacks Investment Research cut RBC Bearings from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. BidaskClub raised RBC Bearings from a “sell” rating to a “hold” rating in a report on Saturday, August 19th.

RBC Bearings (ROLL) opened at 120.23 on Friday. The firm has a market cap of $2.86 billion, a PE ratio of 38.63 and a beta of 1.30. RBC Bearings has a one year low of $67.99 and a one year high of $121.53. The firm’s 50 day moving average price is $108.54 and its 200-day moving average price is $101.53.

RBC Bearings (NASDAQ:ROLL) last announced its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $0.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.09. RBC Bearings had a return on equity of 11.25% and a net margin of 11.91%. The company had revenue of $163.90 million for the quarter, compared to analyst estimates of $160.42 million. During the same quarter in the previous year, the company earned $0.77 EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. Equities analysts predict that RBC Bearings will post $3.66 EPS for the current fiscal year.

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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.

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