Demystifying RBC Bearings: Insights From 5 Analyst Reviews

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In the preceding three months, 5 analysts have released ratings for RBC Bearings RBC, presenting a wide array of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 1 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 1 1 0 0

Analysts have recently evaluated RBC Bearings and provided 12-month price targets. The average target is $360.6, accompanied by a high estimate of $395.00 and a low estimate of $335.00. Surpassing the previous average price target of $341.75, the current average has increased by 5.52%.

price target chart

Investigating Analyst Ratings: An Elaborate Study

A comprehensive examination of how financial experts perceive RBC Bearings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Steve Barger Keybanc Raises Overweight $395.00 $375.00
Michael Ciarmoli Truist Securities Raises Buy $351.00 $347.00
Jeffrey Hammond Keybanc Announces Overweight $375.00 -
Ronald Epstein B of A Securities Raises Neutral $335.00 $330.00
Michael Ciarmoli Truist Securities Raises Buy $347.00 $315.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to RBC Bearings. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of RBC Bearings compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of RBC Bearings's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of RBC Bearings's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on RBC Bearings analyst ratings.

Get to Know RBC Bearings Better

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.

Breaking Down RBC Bearings's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining RBC Bearings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.19% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: RBC Bearings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 12.19%, the company may face hurdles in effective cost management.

Return on Equity (ROE): RBC Bearings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.71%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): RBC Bearings's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.03%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: RBC Bearings's debt-to-equity ratio is below the industry average at 0.4, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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