17-Apr-2025
Joby Aviation downgraded at Morgan Stanley amid tariff risks to aerospace
Seeking Alpha News (Sun, 13-Apr 8:56 AM ET)
RBC Bearings Announces Participation in Upcoming Investor Conferences
Business Wire (Mon, 3-Mar 8:00 AM ET)
RBC Bearings Incorporated Announces Fiscal Third Quarter 2025 Results
Business Wire (Fri, 31-Jan 8:00 AM ET)
RBC Bearings Inc is an international manufacturer and marketer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The end market is the United States of America. The company has two reportable segments: Aerospace Defense segment represents the end markets for the company's highly engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications; and Industrial segment represents the end markets for the company's engineered bearings and precision components used in various industrial applications. It derives maximum revenue from Industrial Segment.
RBC Bearings trades on the NYSE stock market under the symbol RBC.
As of April 17, 2025, RBC stock price climbed to $321.68 with 273,013 million shares trading.
RBC has a beta of 1.04, meaning it tends to be more sensitive to market movements. RBC has a correlation of 0.37 to the broad based SPY ETF.
RBC has a market cap of $10.11 billion. This is considered a Large Cap stock.
Last quarter RBC Bearings reported $394 million in Revenue and $2.34 earnings per share. This beat revenue expectation by $410,000 and exceeded earnings estimates by $.14.
The top ETF exchange traded funds that RBC belongs to (by Net Assets): IJH, VTI, VB, VXF, VBK.
RBC has outperformed the market in the last year with a price return of +28.6% while the SPY ETF gained +6.0%. RBC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.9% and -4.5%, respectively, while the SPY returned -10.7% and -6.8%, respectively.
RBC support price is $309.80 and resistance is $330.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RBC shares will trade within this expected range on the day.