RBC Bearings Incorporated (RBC)

NYSE: RBC · IEX Real-Time Price · USD
284.89
-1.26 (-0.44%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.44%
Market Cap 8.29B
Revenue (ttm) 1.52B
Net Income (ttm) 164.26M
Shares Out 29.09M
EPS (ttm) 5.64
PE Ratio 50.51
Forward PE 31.10
Dividend n/a
Ex-Dividend Date n/a
Volume 86,390
Open 286.25
Previous Close 286.15
Day's Range 283.85 - 286.99
52-Week Range 195.18 - 288.16
Beta 1.44
Analysts Buy
Price Target 259.13 (-9.04%)
Earnings Date Feb 8, 2024

About RBC

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 industr... [Read more]

Sector Industrials
IPO Date Aug 10, 2005
Employees 3,670
Stock Exchange NYSE
Ticker Symbol RBC
Full Company Profile

Financial Performance

In 2023, RBC Bearings's revenue was $1.47 billion, an increase of 55.83% compared to the previous year's $942.90 million. Earnings were $143.80 million, an increase of 236.77%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RBC stock is "Buy." The 12-month stock price forecast is $259.13, which is a decrease of -9.04% from the latest price.

Price Target
$259.13
(-9.04% downside)
Analyst Consensus: Buy
Stock Forecasts

News

RBC Bearings Incorporated Announces Fiscal 2024 Second Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

7 weeks ago - Business Wire

RBC Bearings to Webcast Second Quarter Fiscal Year 2024 Earnings Conference Call November 9th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

2 months ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating RBC Bearings Incorporated for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , Sept. 7, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim...

4 months ago - PRNewsWire

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...

Other symbols: AANALLYAPLEBXBXMTDEENR
4 months ago - PRNewsWire

RBC Bearings Incorporated Announces Acquisition of Specline, Inc.

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

4 months ago - Business Wire

RBC Bearings Incorporated Announces Fiscal 2024 First Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

5 months ago - Business Wire

Small-Cap Stocks Have Struggled. Here Are 6 Whose Time Has Come.

A pair of money managers offer some of their favorite small-cap stocks, from snack foods to bearings to airplane leasing. They're relatively cheap and poised to outperform many of the large-caps.

Other symbols: AERALGWREJJSFPRO
5 months ago - Barrons

RBC Bearings to Webcast First Quarter Fiscal Year 2024 Earnings Conference Call August 4th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

5 months ago - Business Wire

RBC Bearings Incorporated Announces Fiscal 2023 Fourth Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

8 months ago - Business Wire

RBC Bearings to Webcast Fourth Quarter Fiscal Year 2023 Earnings Conference Call May 19th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

8 months ago - Business Wire

RBC Bearings Incorporated Announces Fiscal 2023 Third Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

11 months ago - Business Wire

RBC Bearings to Webcast Third Quarter Fiscal Year 2023 Earnings Conference Call February 10th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the in...

1 year ago - Business Wire

Regal Beloit Corporation Announces Addition Of Highly Energy-Efficient VGreen Evo™ Variable Speed Pool Pump Motor To Its Century® Motors Lineup

BELOIT, Wis., Aug. 27, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric moto...

2 years ago - PRNewsWire

Regal Beloit Corporation Announces Planned Power Transmission Solutions Segment Leadership & Segment Name Changes

BELOIT, Wis., Aug. 19, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric moto...

2 years ago - PRNewsWire

Builders Firstsource Ranked Among Today's Top Buys

The Dow added 60 points or 0.2%, the S&P 500 gained about 0.1%, and the Nasdaq traded around the flatline. Make the most of this market with today's Top Buys.

Other symbols: BLDRLOWSNDRWLKP
2 years ago - Forbes

Regal Beloit Corporation Announces Planned Appointment of Theodore D. Crandall and Robin A.

BELOIT, Wis., Aug. 10, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric moto...

2 years ago - PRNewsWire

Regal Beloit Corporation Announces Record Second Quarter 2021 Financial Results

BELOIT, Wis., July 28, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) Second Quarter Highlights Sales Growth Accelerates, Up 40% Versus PY and Up 37% on an Organic Basis Record Adjusted Ope...

2 years ago - PRNewsWire

Regal Beloit Corporation Declares Quarterly Dividend of $.33 per share

BELOIT, Wis., July 26, 2021 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Beloit Corporation (NYSE: RBC), announced that the Board of Directors, at its regular quarterly meeting held...

2 years ago - PRNewsWire

Regal Introduces Tiered Offering for Its Connected Products and Services Powered by Perceptiv™ intelligence

BELOIT, Wis., July 15, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of high-efficiency electric motors and power transmission product...

2 years ago - PRNewsWire

Regal Beloit Corporation to Hold Second Quarter 2021 Earnings Conference Call on Thursday, July 29, 2021

BELOIT, Wis., July 8, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its second quarter 2021 financial results after the market closes on Wednesday,...

2 years ago - PRNewsWire

Why Worry With Dividends? Their Five-Year Reinvested Value for Regal Beloit

In a world obsessed with price movements of stocks, it's easy to lose sight of what those prices represent -- the value of holding a company's future profit potential. One of the key ways that profit ...

2 years ago - Benzinga

Regal Enhances Its Industrial Powertrain Capabilities

BELOIT, Wis., June 29, 2021 /PRNewswire/ -- Regal Beloit Corporation, a global leader in the engineering and manufacturing of high-efficiency electric motors and power transmission products, is contin...

2 years ago - PRNewsWire

Artificial Intelligence Ranks Kadant Inc Among Today's Top Buys

The Dow Jones fell about 30 points, the S&P 500 inched up about 0.2%, and the Nasdaq gained 0.5%. Meanwhile, Q.ai's deep learning algorithms crunched the numbers to find today's Top Buys.

Other symbols: KAICSGSSNDR
2 years ago - Forbes