Analysts See $1.13 EPS for RBC Bearings Incorporated (ROLL)

May 24, 2018 - By Kurt Siggers

Investors sentiment decreased to 1.58 in Q4 2017. Its down 0.42, from 2 in 2017Q3. It worsened, as 8 investors sold RBC Bearings Incorporated shares while 51 reduced holdings. 30 funds opened positions while 63 raised stakes. 23.58 million shares or 1.65% more from 23.19 million shares in 2017Q3 were reported.
Virtus Inv Advisers has 368,398 shares. Citigroup accumulated 6,845 shares. Paradigm Asset Management Limited Liability has 400 shares for 0.01% of their portfolio. Lord Abbett Ltd holds 0.06% or 153,853 shares in its portfolio. Barclays Pcl stated it has 0% of its portfolio in RBC Bearings Incorporated (NASDAQ:ROLL). 4,000 were accumulated by Chevy Chase Tru. Davis R M Inc accumulated 61,549 shares. Ngam Ltd Partnership holds 0.11% or 81,904 shares. Aperio Gru owns 6,134 shares. Stratos Wealth Prtn Limited has 0% invested in RBC Bearings Incorporated (NASDAQ:ROLL) for 160 shares. New York State Common Retirement Fund has 40,636 shares for 0.01% of their portfolio. Royal Bank Of Canada holds 390,482 shares. Raymond James And stated it has 62,758 shares or 0.01% of all its holdings. Nelson Van Denburg And Campbell Wealth Mgmt Grp reported 0.14% stake. Parallax Volatility Advisers Limited Partnership accumulated 3,570 shares.

Since February 14, 2018, it had 0 buys, and 7 insider sales for $5.95 million activity. HARTNETT MICHAEL J also sold $3.51M worth of RBC Bearings Incorporated (NASDAQ:ROLL) on Friday, March 9. $201,806 worth of RBC Bearings Incorporated (NASDAQ:ROLL) was sold by LEVINE ALAN B on Monday, May 14. Faghri Amir also sold $563,890 worth of RBC Bearings Incorporated (NASDAQ:ROLL) shares. Shares for $55,428 were sold by Bannon Patrick S. on Thursday, March 8.

Analysts expect RBC Bearings Incorporated (NASDAQ:ROLL) to report $1.13 EPS on May, 30.They anticipate $0.23 EPS change or 25.56 % from last quarter’s $0.9 EPS. ROLL’s profit would be $26.68M giving it 27.40 P/E if the $1.13 EPS is correct. After having $1.05 EPS previously, RBC Bearings Incorporated’s analysts see 7.62 % EPS growth. The stock increased 1.18% or $1.45 during the last trading session, reaching $123.83. About 59,468 shares traded. RBC Bearings Incorporated (NASDAQ:ROLL) has risen 31.39% since May 24, 2017 and is uptrending. It has outperformed by 19.84% the S&P500.

RBC Bearings Incorporated (NASDAQ:ROLL) Ratings Coverage

Among 3 analysts covering RBC Bearings (NASDAQ:ROLL), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RBC Bearings had 3 analyst reports since November 29, 2017 according to SRatingsIntel. The rating was initiated by C.L. King on Wednesday, November 29 with “Buy”.

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. The company has market cap of $2.92 billion. It operates in four divisions: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. It has a 36.55 P/E ratio. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment.

Another recent and important RBC Bearings Incorporated (NASDAQ:ROLL) news was published by which published an article titled: “RBC Bearings to Webcast Fourth Quarter Fiscal Year 2018 Results Earnings Conference Call May 30” on May 15, 2018.

RBC Bearings Incorporated (NASDAQ:ROLL) Institutional Positions Chart

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