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

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

RBC Bearings Price Performance

Shares of RBC stock traded down $2.28 during mid-day trading 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. RBC Bearings has a 52-week low of $214.14 and a 52-week high of $309.01. The firm has a fifty day moving average of $282.62 and a 200 day moving average of $272.18. The company has a market cap of $7.93 billion, a PE ratio of 42.85, a price-to-earnings-growth ratio of 3.55 and a beta of 1.51.

Insider Activity

In other news, Director Michael H. Ambrose sold 600 shares of RBC Bearings stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $279.16, for a total value of $167,496.00. Following the sale, the director now owns 6,728 shares in the company, valued at $1,878,188.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

RBC Bearings Company Profile

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.