RBC Bearings Incorporated (NASDAQ:ROLL) – Research analysts at William Blair issued their Q1 2019 EPS estimates for RBC Bearings in a report issued on Thursday, May 31st, according to Zacks Investment Research. William Blair analyst N. Heymann forecasts that the industrial products company will post earnings of $1.06 per share for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for RBC Bearings’ Q2 2019 earnings at $1.07 EPS, Q3 2019 earnings at $1.17 EPS, Q4 2019 earnings at $1.40 EPS, FY2019 earnings at $4.70 EPS and FY2020 earnings at $5.75 EPS.

RBC Bearings (NASDAQ:ROLL) last issued its earnings results on Wednesday, May 30th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.05). RBC Bearings had a return on equity of 11.96% and a net margin of 12.91%. The company had revenue of $179.90 million during the quarter, compared to analysts’ expectations of $175.57 million. During the same quarter in the prior year, the business posted $0.90 EPS. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year.

Several other equities research analysts have also recently issued reports on ROLL. BidaskClub upgraded shares of RBC Bearings from a “sell” rating to a “hold” rating in a report on Wednesday, March 14th. Zacks Investment Research cut shares of RBC Bearings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 20th. Finally, SunTrust Banks initiated coverage on shares of RBC Bearings in a report on Wednesday, June 20th. They issued a “hold” rating and a $133.00 target price on the stock. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. RBC Bearings presently has a consensus rating of “Buy” and a consensus target price of $139.40.

ROLL stock traded down $1.86 on Friday, hitting $127.35. The company had a trading volume of 75,412 shares, compared to its average volume of 83,110. RBC Bearings has a 12-month low of $98.55 and a 12-month high of $139.95. The company has a current ratio of 4.60, a quick ratio of 1.69 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $3.15 billion, a P/E ratio of 33.02, a P/E/G ratio of 4.74 and a beta of 1.30.

In other news, Director Richard R. Crowell sold 2,100 shares of RBC Bearings stock in a transaction on Monday, June 18th. The shares were sold at an average price of $129.71, for a total transaction of $272,391.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael J. Hartnett sold 105,202 shares of RBC Bearings stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $128.34, for a total transaction of $13,501,624.68. The disclosure for this sale can be found here. Insiders have sold a total of 186,882 shares of company stock worth $24,153,962 in the last quarter. Corporate insiders own 3.70% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Global X Management Co. LLC boosted its stake in shares of RBC Bearings by 75.0% during the 4th quarter. Global X Management Co. LLC now owns 1,645 shares of the industrial products company’s stock worth $208,000 after acquiring an additional 705 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of RBC Bearings by 58.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,857 shares of the industrial products company’s stock valued at $231,000 after purchasing an additional 687 shares during the period. Guggenheim Capital LLC bought a new stake in shares of RBC Bearings during the 4th quarter valued at $276,000. SG Americas Securities LLC raised its position in shares of RBC Bearings by 56.4% during the 4th quarter. SG Americas Securities LLC now owns 2,368 shares of the industrial products company’s stock valued at $299,000 after purchasing an additional 854 shares during the period. Finally, Xact Kapitalforvaltning AB bought a new stake in shares of RBC Bearings during the 4th quarter valued at $312,000. Institutional investors and hedge funds own 97.32% of the company’s stock.