RBC Bearings Incorporated (RBC)
NYSE: RBC · IEX Real-Time Price · USD
270.75
+2.77 (1.03%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RBC Bearings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for RBC Bearings stock have an average target of 286.57, with a low estimate of 240 and a high estimate of 330. The average target predicts an increase of 5.84% from the current stock price of 270.75.
Analyst Consensus: Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for RBC Bearings stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 3 | 2 | 2 | 2 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 28, 2024 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | May 29, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $245 → $276 | Hold | Maintains | $245 → $276 | +1.94% | May 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $310 → $330 | Buy | Maintains | $310 → $330 | +21.88% | May 23, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $245 → $276 | Hold | Maintains | $245 → $276 | +1.94% | May 21, 2024 |
Financial Forecast
Revenue This Year
1.68B
from 1.56B
Increased by 7.86%
Revenue Next Year
1.80B
from 1.68B
Increased by 7.07%
EPS This Year
9.72
from 6.41
Increased by 51.67%
EPS Next Year
10.95
from 9.72
Increased by 12.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 2.0B |
| Avg | 1.7B | 1.8B | 1.9B |
| Low | 1.6B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 13.5% | 11.9% |
| Avg | 7.9% | 7.1% | 5.5% |
| Low | 3.6% | 1.7% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.48 | 11.97 | 13.28 |
| Avg | 9.72 | 10.95 | 11.97 |
| Low | 8.82 | 10.05 | 11.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.5% | 23.1% | 21.3% |
| Avg | 51.7% | 12.6% | 9.3% |
| Low | 37.6% | 3.3% | 1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.