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RBC Bearings Inc Stock Research

ROLL

Market Closed

ROLL Alerts

ROLL Stock Price

ROLL RSI Chart

ROLL Valuation

Market Cap

7.0B

Price/Earnings (Trailing)

47.16

Price/Sales (Trailing)

4.9

EV/EBITDA

18.52

Price/Free Cashflow

35.83

ROLL Price/Sales (Trailing)

ROLL Profitability

EBT Margin

13.42%

Return on Equity

6.01%

Return on Assets

3.17%

Free Cashflow Yield

2.79%

ROLL Fundamentals

ROLL Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

31.72%

Revenue Q/Q

-4.75%

ROLL Earnings

Earnings (TTM)

149.0M

Earnings Y/Y

6.5K%

Earnings Q/Q

-17.21%

Price Action

Last 7 days

-11.6%

Last 30 days

-15.0%

Last 90 days

13.3%

Trailing 12 Months

-1.4%

ROLL Financial Health

Current Ratio

3.19

ROLL Investor Care

Shares Dilution (1Y)

0.65%

Diluted EPS (TTM)

4.38

Peers (Alternatives to RBC Bearings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
71.0B
15.9B
-0.02% 12.01%
23.39
4.45
10.22% 12.62%
22.6B
5.9B
-3.24% 11.72%
37.36
3.82
14.83% 7.50%
17.6B
5.5B
-2.92% 15.78%
49.53
3.18
6.29% -16.86%
16.7B
3.2B
-1.38% 14.70%
28.49
5.25
15.09% 30.60%
11.7B
2.1B
0.34% 1.87%
25.45
5.47
7.84% 4.72%
MID-CAP
7.7B
3.4B
1.24% 21.26%
21.67
2.26
10.23% 12.47%
6.8B
3.0B
-8.80% 5.73%
18.5
2.27
8.05% 16.03%
4.2B
3.6B
-8.93% -7.91%
22.03
1.15
2.09% 49.85%
SMALL-CAP
1.2B
125.6M
-1.04% 10.44%
50.11
9.6
20.87% 68.54%
621.1M
521.0M
-12.85% -32.13%
55.48
1.19
37.72% -62.50%
133.1M
254.5M
-10.10% -46.42%
14.44
0.52
9.95% 139.59%
107.6M
273.9M
-5.13% -30.01%
-21.95
0.39
29.46% -7.17%
49.1M
491.1M
-47.53% -65.41%
-3.61
0.1
1.00% -108.69%

Financials for RBC Bearings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q22022Q1
Revenue5.0%1,4341,3661,200943943
Gross Profit8.0%571528458357357
Operating Expenses-0.6%310311278236-
  S&GA Expenses7.2%225210192168-
EBITDA16.7%375321242195-
EBITDA Margin11.2%0.26*0.24*0.20*0.21*-
Earnings Before Taxes23.2%19215611479.0079.00
EBT Margin17.4%0.13*0.11*0.08*0.08*-
Interest Expenses15.2%69.0060.0057.0042.00-
Net Income31.5%14911368.0055.00-
Net Income Margin25.3%0.10*0.08*0.06*0.06*-
Free Cahsflow11.9%196175152151-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q22022Q1
Assets-0.7%4,6934,7274,7584,8454,845
  Current Assets-1.1%902912916962-
    Cash Equivalents-7.3%82.0088.00120183-
  Inventory3.6%578558542516-
  Net PPE-0.7%376378384387-
  Goodwill-0.2%1,8691,8731,8771,902-
Liabilities-3.3%2,2122,2872,3602,473-
  Current Liabilities-7.7%283306330313-
    LT Debt, Current2.1%2.002.002.002.00-
    LT Debt, Non Current-3.8%1,4631,5211,5641,687-
Shareholder's Equity1.7%2,4812,4402,3982,373-
  Retained Earnings3.2%986956918886-
  Additional Paid-In Capital0.2%1,5861,5821,5701,564-
Shares Outstanding0.2%29.0029.00---
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations11.9%196175186180175
  Share Based Compensation-9.8%15.0017.0030.0033.0031.00
Cashflow From Investing99.7%-9.59-2,930-2,799-2,847-2,857
Cashflow From Financing-124.0%-3581,4982,5582,6982,811
  Buy Backs-9.1%7.008.008.009.008.00

Risks for ROLL

What is the probability of a big loss on ROLL?

59.2%


Probability that RBC Bearings stock will be more than 20% underwater in next one year

30%


Probability that RBC Bearings stock will be more than 30% underwater in next one year.

19.2%


Probability that RBC Bearings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ROLL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if RBC Bearings was unfortunately bought at previous high price.

Drawdowns

Returns for ROLL

Cumulative Returns on ROLL

16.2%


10-Year Cumulative Returns

19.8%


7-Year Cumulative Returns

10.8%


5-Year Cumulative Returns

8.1%


3-Year Cumulative Returns

What are the long-term rolling returns for ROLL?

FIve years rolling returns for RBC Bearings.

Annualized Returns

Which funds bought or sold ROLL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-24
PALISADE CAPITAL MANAGEMENT, LP
unchanged
-
-44,090
2,980,910
0.08%
2023-03-23
MetLife Investment Management, LLC
unchanged
-
23,197
3,153,440
0.03%
2023-03-17
American Portfolios Advisors
reduced
-5.00
1,746
27,639
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
sold off
-100
-277,000
-
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.73
-57,093
5,720,910
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-76.8
-31,000
9,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
16,775
2,278,780
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-9.52
-1,045
7,955
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-4.95
-1,619,000
34,979,000
0.04%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
70.83
17,917
42,917
-%

1–10 of 46

Latest Funds Activity

Are funds buying ROLL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ROLL
No. of Funds

RBC Bearings News

MarketBeat

Wesbanco Bank Inc. Invests $449000 in RBC Bearings Incorporated ....

MarketBeat,
3 hours ago

Defense World

Schedule 13G FIlings of RBC Bearings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
10.3%
2,980,496
SC 13G/A
Feb 14, 2023
kayne anderson rudnick investment management llc
7.12%
2,064,930
SC 13G/A
Feb 13, 2023
durable capital partners lp
6.5%
1,890,744
SC 13G/A
Feb 10, 2023
neuberger berman group llc
4.52%
1,312,503
SC 13G/A
Feb 09, 2023
vanguard group inc
9.30%
2,697,782
SC 13G/A
Feb 03, 2023
blackrock inc.
9.1%
2,660,488
SC 13G/A
Nov 10, 2022
price t rowe associates inc /md/
10.3%
2,967,382
SC 13G/A
Mar 11, 2022
blackrock inc.
7.9%
2,282,938
SC 13G/A
Feb 24, 2022
durable capital partners lp
5.5%
1,595,991
SC 13G
Feb 14, 2022
kayne anderson rudnick investment management llc
8.48%
2,449,228
SC 13G/A

ROLL Fair Value

RBC Bearings fair value in different scenarios

The table shows the Fair Value estimates for RBC Bearings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

93.41

-

111.10

-

180.14

-

223.46

-

332.14

-
Current Inflation

87.79

-

103.12

-

162.27

-

198.58

-

290.37

-
Very High Inflation

80.78

-

93.33

-

141.10

-

169.55

-

242.27

-

Historical RBC Bearings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of RBC Bearings

View All Filings
Date Filed Form Type Document
Feb 28, 2023
4
Insider Trading
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
8-K
Current Report
Feb 09, 2023
10-Q
Quarterly Report
Feb 03, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for ROLL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
HARTNETT MICHAEL J
acquired
174,910
72.94
2,398
president and ceo
2022-11-28
HARTNETT MICHAEL J
sold
-362,500
241
-1,500
president and ceo
2022-11-17
Ambrose Michael H.
sold
-235,000
235
-1,000
-
2022-11-17
Ambrose Michael H.
acquired
152,938
152
1,000
-
2022-09-20
CROWELL RICHARD R
sold
-373,230
233
-1,600
-
2022-09-20
CROWELL RICHARD R
acquired
160,184
100
1,600
-
2022-09-12
Kaplan Steven H.
sold
-128,305
256
-500
-
2022-08-19
Edwards Richard J
sold
-3,291,180
253
-13,000
v.p. and general manager
2022-08-19
Kaplan Steven H.
gifted
-
-
-200
-
2022-08-19
Edwards Richard J
acquired
1,701,880
130
13,000
v.p. and general manager

1–10 of 50

Michael J. Hartnett
2990
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. It operates through four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify inevitable misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment. The Roller Bearings segment offers heavy duty needle roller bearings, tapered roller bearings, track rollers, and aircraft roller bearings, which are anti-friction bearings that use rollers instead of balls. The Ball Bearings segment manufactures high precision aerospace, airframe control, thin section, and commercial ball bearings that utilize high precision ball elements to reduce friction in high speed applications. The Engineered Products segment offers engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. The company serves the construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, semiconductor machinery, wind, canning, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. RBC Bearings Incorporated was founded in 1919 and is headquartered in Oxford, Connecticut.

ROLL Income Statement

2022-10-01
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]    
Net sales$ 369,167$ 160,900$ 723,247$ 317,105
Cost of sales218,02098,436430,948190,868
Gross margin151,14762,464292,299126,237
Operating expenses:    
Selling, general and administrative57,51940,223113,34771,435
Other, net21,6115,66742,4658,915
Total operating expenses79,13045,890155,81280,350
Operating income72,01716,574136,48745,887
Interest expense, net18,33215,77034,13116,089
Other non-operating (income)/expense184(291)951(756)
Income before income taxes53,5011,095101,40530,554
Provision for income taxes9,6992,44720,1657,868
Net income/(loss)43,802(1,352)81,24022,686
Preferred stock dividends5,75051011,500510
Net income/(loss) available to common stockholders$ 38,052$ (1,862)$ 69,740$ 22,176
Net income/(loss) per share available to common stockholders:    
Basic (in Dollars per share)$ 1.32$ (0.07)$ 2.43$ 0.88
Diluted (in Dollars per share)$ 1.31$ (0.07)$ 2.4$ 0.87
Weighted average common shares:    
Basic (in Shares)28,758,40325,500,39328,714,44525,260,728
Diluted (in Shares)29,093,79125,500,39329,020,40325,632,845

ROLL Balance Sheet

2022-10-01
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2022
Apr. 02, 2022
Current assets:  
Cash and cash equivalents$ 88,495$ 182,862
Accounts receivable, net of allowance for doubtful accounts of $2,986 as of October 1, 2022 and $2,737 as of April 2, 2022236,527247,487
Inventory557,801516,140
Prepaid expenses and other current assets28,70815,748
Total current assets911,531962,237
Property, plant and equipment, net378,291386,732
Operating lease assets, net43,26344,535
Goodwill1,872,6891,902,104
Intangible assets, net1,485,0161,511,515
Other noncurrent assets36,27038,294
Total assets4,727,0604,845,417
Current liabilities:  
Accounts payable148,870158,606
Accrued expenses and other current liabilities147,584145,252
Current operating lease liabilities8,2838,059
Current portion of long-term debt1,5121,543
Total current liabilities306,249313,460
Long-term debt, less current portion1,520,6021,686,798
Long-term operating lease liabilities35,10936,680
Deferred income taxes308,956315,463
Other noncurrent liabilities116,007120,408
Total liabilities2,286,9232,472,809
Stockholders’ equity:  
Preferred stock, $.01 par value; authorized shares: 10,000,000 as of October 1, 2022 and April 2, 2022, respectively; issued shares: 4,600,000 as of October 1, 2022 and April 2, 2022, respectively4646
Common stock, $.01 par value; authorized shares: 60,000,000 as of October 1, 2022 and April 2, 2022, respectively; issued shares: 29,975,914 and 29,807,208 as of October 1, 2022 and April 2, 2022, respectively300298
Additional paid-in capital1,582,4551,564,261
Accumulated other comprehensive loss(20,208)(5,800)
Retained earnings955,895886,155
Treasury stock, at cost, 958,854 shares and 928,322 shares as of October 1, 2022 and April 2, 2022, respectively(78,351)(72,352)
Total stockholders’ equity2,440,1372,372,608
Total liabilities and stockholders’ equity$ 4,727,060$ 4,845,417