RBC Bearings (NYSE:RBC) Posts Earnings Results, Beats Estimates By $0.33 EPS

RBC Bearings (NYSE:RBC) released its quarterly earnings results on Friday. The industrial products company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.33, Briefing.com reports. RBC Bearings had a net margin of 13.45% and a return on equity of 9.81%. The firm had revenue of $406.30 million during the quarter, compared to analysts’ expectations of $416.65 million. During the same period in the previous year, the company earned $1.98 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. RBC Bearings updated its Q2 2025 guidance to EPS.

RBC Bearings Stock Down 0.8 %

Shares of NYSE RBC traded down $2.28 during trading hours on Monday, hitting $274.27. 308,409 shares of the stock were exchanged, compared to its average volume of 147,219. The company has a quick ratio of 1.16, a current ratio of 3.28 and a debt-to-equity ratio of 0.43. The company has a market cap of $7.93 billion, a PE ratio of 42.85, a PEG ratio of 3.55 and a beta of 1.51. The firm has a fifty day moving average price of $282.62 and a 200-day moving average price of $272.18. RBC Bearings has a 12 month low of $214.14 and a 12 month high of $309.01.

Insider Buying and Selling

In related news, Director Michael H. Ambrose sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $279.16, for a total transaction of $167,496.00. Following the completion of the transaction, the director now owns 6,728 shares in the company, valued at approximately $1,878,188.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on RBC. Morgan Stanley lifted their price target on shares of RBC Bearings from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, May 23rd. William Blair began coverage on shares of RBC Bearings in a research note on Wednesday, May 29th. They set an “outperform” rating for the company. The Goldman Sachs Group lifted their price target on shares of RBC Bearings from $245.00 to $276.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 28th. Raymond James began coverage on shares of RBC Bearings in a research report on Friday, June 28th. They issued a “market perform” rating for the company. Finally, Truist Financial lowered their price objective on shares of RBC Bearings from $328.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $284.71.

About RBC Bearings

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems 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 industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.