The leading market experts have placed a mean price target of $80.50 on RBC Bearings Incorporated (NASDAQ:ROLL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.81 a share for the upcoming quarter and $3.40 for the current fiscal. Technical View The technical analysis of RBC Bearings Incorporated plainly substantiates that the 50-day moving average of RBC Bearings Incorporated is $73.88, and stock is hovering 2.15 or +2.92% distant from $73.88. It is noted that the 200-day MA is $69.74, and RBC Bearings Incorporated stock is $6.29 or +9.01% off from this point. RBC Bearings Incorporated (NASDAQ:ROLL) 52-week high is $79.75 and the 52-week low is $54.38. This explains if the stock moves $-3.72, it will post a 52-week high. In event of $+39.81% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of RBC Bearings Incorporated, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, RBC Bearings Incorporated (NASDAQ:ROLL) ratio came in at 27.95. The stock last ended the trading session at $76.03 and registered a market cap of $1.77B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. RBC Bearings Incorporated (NASDAQ:ROLL) PEG ratio is at 2.06.
1 Chart Pattern Every Investor Should Know