RBC Bearings Incorporated (RBC)
NYSE: RBC · Real-Time Price · USD
336.82
+12.37 (3.81%)
Nov 22, 2024, 4:00 PM EST - Market closed
RBC Bearings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RBC Bearings stock have an average target of 324.67, with a low estimate of 276 and a high estimate of 375. The average target predicts a decrease of -3.61% from the current stock price of 336.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RBC Bearings stock from 8 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Hold → Buy Upgrades $375 | Hold → Buy | Upgrades | $375 | +11.34% | Nov 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $330 → $335 | Strong Buy → Hold | Downgrades | $330 → $335 | -0.54% | Nov 21, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $315 → $347 | Strong Buy | Maintains | $315 → $347 | +3.02% | Nov 20, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $328 → $315 | Strong Buy | Maintains | $328 → $315 | -6.48% | Jul 17, 2024 |
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 28, 2024 |
Financial Forecast
Revenue This Year
1.66B
from 1.56B
Increased by 6.52%
Revenue Next Year
1.78B
from 1.66B
Increased by 7.34%
EPS This Year
9.91
from 6.41
Increased by 54.65%
EPS Next Year
10.88
from 9.91
Increased by 9.73%
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 | 14.3% | 14.6% | 13.5% |
| Avg | 6.5% | 7.3% | 6.7% |
| Low | 2.4% | 2.0% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.55 | 11.92 | 12.92 |
| Avg | 9.91 | 10.88 | 11.93 |
| Low | 9.40 | 10.09 | 11.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 64.6% | 20.2% | 18.7% |
| Avg | 54.7% | 9.7% | 9.7% |
| Low | 46.6% | 1.8% | 2.3% |
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.