Keybanc reiterated coverage on Regal Beloit with a new price target
$RBC
Metal Fabrications
Industrials
Keybanc reiterated coverage of Regal Beloit with a rating of Overweight and set a new price target of $175.00 from $165.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $375.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 11/21/2024 | $330.00 → $335.00 | Buy → Neutral | BofA Securities |
| 6/28/2024 | Mkt Perform | Raymond James | |
| 5/29/2024 | Outperform | William Blair | |
| 11/29/2023 | $230.00 → $280.00 | Underperform → Buy | BofA Securities |
| 8/9/2023 | $267.00 | Neutral → Overweight | Alembic Global Advisors |
| 1/10/2023 | $269.00 → $220.00 | Overweight → Equal Weight | Wells Fargo |
| 12/20/2022 | $217.00 | Overweight → Neutral | Alembic Global Advisors |
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and Industrial down 1.4%. Gross margin of 43.7% compared to 43.1% last year. Net income attributable to common stockholders increased 5.6% over last year, up 6.2% on an adjusted basis. Diluted EPS was $1.65, a 4.4% increase over last year; Adjusted Diluted EPS was $2.29, a 5.1% increase over last year.
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2025 financial results before the market opens on Friday, November 1st. RBC Bearings will host a conference call to discuss the results on Friday, November 1st at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will recap th
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2025. First Quarter Financial Highlights First quarter net sales of $406.3 million increased 5.0% over last year, Aerospace/Defense up 23.7% and Industrial down 3.5%. Gross margin of 45.3% for the first quarter of fiscal 2025 compared to 43.4% last year. First quarter net income attributable to common stockholders as a percentage of net sales of 13.7% vs 11.4% last year. Adjusted EBITDA as a percentage of net sales
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will participate in the Baird Global Industrial Conference on November 14, 2024 at the Ritz Carlton in Chicago, IL and the Goldman Sachs Industrials and Materials Conference on December 4, 2024 at the Conrad New York Downtown in New York, NY. Materials shared during the conference will be available online at: https://investor.rbcbearings.com. About RBC Bearings RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision b
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and Industrial down 1.4%. Gross margin of 43.7% compared to 43.1% last year. Net income attributable to common stockholders increased 5.6% over last year, up 6.2% on an adjusted basis. Diluted EPS was $1.65, a 4.4% increase over last year; Adjusted Diluted EPS was $2.29, a 5.1% increase over last year.
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it has been named to the Fortune® 100 Fastest-Growing Companies list for 2024. RBC Bearings placed 96th on the list, which ranks companies based on growth in revenue, profits, and stock returns. "We are honored to be included in Fortune's prestigious list of the fastest growing publicly traded companies," said Dr. Michael J. Hartnett, Chairman and Chief Executive Officer. "In the last 20 years, RBC has grown its annual revenue over 700%, reaching over $1.5 billion in f
RBC Bearings (NYSE:RBC) has outperformed the market over the past 15 years by 6.04% on an annualized basis producing an average annual return of 18.04%. Currently, RBC Bearings has a market capitalization of $8.30 billion. Buying $100 In RBC: If an investor had bought $100 of RBC stock 15 years ago, it would be worth $1,195.56 today based on a price of $284.12 for RBC at the time of writing. RBC Bearings's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine
In the preceding three months, 5 analysts have released ratings for RBC Bearings (NYSE:RBC), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing 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 1 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 2 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for RBC Bearings, presenting an average target of $305.0, a high estimate of $330.00, and a low estimate of $276.00. This upward t
Truist Securities analyst Michael Ciarmoli maintains RBC Bearings (NYSE:RBC) with a Buy and lowers the price target from $328 to $315.
144 - RBC Bearings INC (0001324948) (Subject)
10-Q - RBC Bearings INC (0001324948) (Filer)
8-K - RBC Bearings INC (0001324948) (Filer)
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it has been named to the Fortune® 100 Fastest-Growing Companies list for 2024. RBC Bearings placed 96th on the list, which ranks companies based on growth in revenue, profits, and stock returns. "We are honored to be included in Fortune's prestigious list of the fastest growing publicly traded companies," said Dr. Michael J. Hartnett, Chairman and Chief Executive Officer. "In the last 20 years, RBC has grown its annual revenue over 700%, reaching over $1.5 billion in f
BELOIT, Wis., Aug. 10, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, today announced the appointment of Theodore D. Crandall and Robin A. Walker-Lee to its Board of Directors, contingent on closing its planned merger with Rexnord Corporation's Process & Motion Control segment ("PMC"). Terms of the merger with PMC provide that Regal and Rexnord mutually agree on two independent directors from the Rexnord board of directors to be added to Regal's board, effective on the merger's closing date. The merger is on track to close in the second half of 2021
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KeyBanc Capital Markets upgraded RBC Bearings from Sector Weight to Overweight and set a new price target of $375.00
BofA Securities downgraded RBC Bearings from Buy to Neutral and set a new price target of $335.00 from $330.00 previously
Raymond James initiated coverage of RBC Bearings with a rating of Mkt Perform
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