RBC Bearings Incorporated (RBC)
NYSE: RBC · Real-Time Price · USD
285.02
-0.28 (-0.10%)
Nov 4, 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 287.67, with a low estimate of 240 and a high estimate of 330. The average target predicts an increase of 0.93% from the current stock price of 285.02.
Analyst Consensus: Buy
* Price targets were last updated on Jul 17, 2024.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $328 → $315 | Strong Buy | Maintains | $328 → $315 | +10.52% | Jul 17, 2024 |
| 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 | -3.16% | May 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $310 → $330 | Buy | Maintains | $310 → $330 | +15.78% | May 23, 2024 |
Financial Forecast
Revenue This Year
1.67B
from 1.56B
Increased by 6.71%
Revenue Next Year
1.78B
from 1.67B
Increased by 6.79%
EPS This Year
9.93
from 6.41
Increased by 54.91%
EPS Next Year
10.80
from 9.93
Increased by 8.73%
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% | 14.4% | 13.6% |
| Avg | 6.7% | 6.8% | 6.7% |
| Low | 1.3% | 0.4% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.55 | 11.71 | 12.87 |
| Avg | 9.93 | 10.80 | 11.84 |
| Low | 9.38 | 10.01 | 11.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 64.6% | 17.9% | 19.2% |
| Avg | 54.9% | 8.7% | 9.6% |
| Low | 46.3% | 0.8% | 2.6% |
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.