
RBC Stock Forecast & Price Target
RBC Analyst Ratings
Bulls say
RBC Bearings Inc demonstrated a positive financial performance with a year-over-year revenue increase of 3.3% and a consolidated adjusted gross margin of 44.9%, reflecting a 120 basis point improvement despite some dilution from recent acquisitions. The company's backlog reached an impressive $1.6 billion, showcasing a 70% sequential and 86% year-over-year growth, indicating robust demand and potential for future revenue expansion. Additionally, the EBITDA rose by 7.4% year-over-year to $139.8 million, exceeding market expectations, while earnings per share increased by 26% to $2.88, further highlighting the company's financial strength and operational efficiency.
Bears say
RBC Bearings Inc faces significant headwinds that contribute to a negative outlook, including a weaker than anticipated recovery in passenger traffic and a contraction in global industrial activity. The company reported a free cash flow (FCF) of $55 million, which represents a 21% year-over-year decline and is substantially below market estimates. Additionally, challenges in integrating the Dodge acquisition, persistent supply chain constraints, and rising costs further exacerbate the company's financial risks, potentially impacting future performance.
This aggregate rating is based on analysts' research of RBC Bearings Inc and is not a guaranteed prediction by Public.com or investment advice.
RBC Analyst Forecast & Price Prediction
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