A new trading data show RBC Bearings Inc (RBC) is showing positive returns.

With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.15 million shares. During the session, the Tools & Accessories company that operates in wider Industrials sector, reached to the highest price of $312.78 whereas the lowest price it dropped to was $310.43. The 52-week range on RBC shows that it touched its highest point at $346.77 and its lowest point at $240.36 during that stretch. It currently has a 1-year price target of $352.14. RBC paid its most recent dividend on 1664409600, while the ex-dividend date for that was 1401235200. Beta for the stock currently stands at 1.57.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RBC was up-trending over the past week, with a rise of 6.02%, but this was down by -4.38% over a month. Three-month performance surged to 7.39% while six-month performance rose 6.80%. The stock gained 15.60% in the past year, while it has gained 4.33% so far this year. A look at the trailing 12-month EPS for RBC yields 6.86 with Next year EPS estimates of 10.78. For the next quarter, that number is 2.20. This implies an EPS growth rate of 12.54% for this year and 11.12% for next year. EPS is expected to grow by 8.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.51%.

Float and Shares Shorts:

At present, 31.41 million RBC shares are outstanding with a float of 30.86 million shares on hand for trading. On 2024-12-31, short shares totaled 0.57 million, which was 179.99999999999997 higher than short shares on 1732838400. In addition to Dr. Michael J. Hartnett Ph.D. as the firm’s Chairman, President & CEO, Mr. Robert M. Sullivan CPA serves as its VP & CFO.

Institutional Ownership:

Through their ownership of 1.00839 of RBC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, RBC reported revenue of $397900000.0 and operating income of $104300000.0. The EBITDA in the recently reported quarter was $115200000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RBC since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RBC analysts setting a high price target of 360.0 and a low target of 327.0, the average target price over the next 12 months is 340.6. Based on these targets, RBC could surge 15.35% to reach the target high and rise by 4.78% to reach the target low. Reaching the average price target will result in a growth of 9.14% from current levels.

Analysts have provided yearly estimates in a range of $8.59026 being high and $8.36974 being low. For RBC, this leads to a yearly average estimate of $8.48. Based on analyst estimates, the high estimate for the next quarter is $2.9 and the low estimate is $2.51. The average estimate for the next quarter is thus $2.7.