Is RBC Bearings Inc (NYSE: RBC) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

RBC belongs to the Industrials sector of the NYSE while operating in the Tools & Accessories industry. The current market capitalization of RBC Bearings Inc is $9.80B. A total of 0.15 million shares were traded on the day, compared to an average of 153.83K shares.

In the most recent transaction, Feeney John J. sold 304 shares of RBC for 340.23 per share on Nov 26 ’24. After the transaction, the Vice President and Secretary now owns 2,567 company shares. In a previous transaction on Nov 26 ’24, Feeney John J. bought 304 shares at 337.17 per share.

Among the insiders who sold shares, BERGERON DANIEL A disposed of 17,500 shares on Nov 11 ’24 at a per-share price of $320.64. This resulted in the Vice President and COO holding 111,408 shares of RBC after the transaction. In another insider transaction, BERGERON DANIEL A bought 17,500 shares at $321.00 per share on Nov 11 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RBC has a high of $346.77 and a low of $240.36.

As of this writing, RBC has an earnings estimate of $2.2 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $2.28 per share and a lower estimate of $2.06.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RBC’s latest balance sheet shows that the firm has $182.90M in Cash & Short Term Investments as of fiscal 2022. There were $1.78B in debt and $313.50M in liabilities at the time. Its Book Value Per Share was $98.18, while its Total Shareholder’s Equity was $2.37B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RBC is Buy with a score of 4.14.

Most Popular

Related Posts