Investors may be tracking sell-side analyst opinions on shares of RBC Bearings Incorporated (NASDAQ:ROLL). According to analysts polled by Zacks Research, the current consensus target price is $126.67. Analysts and financial institutions may use different methods to value a particular stock. Because of the use of alternate methods, individual price targets may be widely varied. Viewing the consensus target price can help provide a general sense of where the sell-side sees the stock heading in the future. Investors can take a look at the target projections and decide for themselves if they agree with the Street. Investors tend to take a closer look at shares when analysts provide update to price targets.
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Street analysts often provide stock recommendations for companies that they track. According to analysts polled by Zacks Research, the current average rating on shares of RBC Bearings Incorporated (NASDAQ:ROLL) is 1.83. This average rating includes analysts who have given Buy, Sell and Hold ratings on the name. This rating uses a numerical scale from 1 to 5. A 1 would indicate a Buy recommendation, and a score of 5 would point to a Sell recommendation. Out of all the analysts offering recommendations, 4 have rated the stock a Strong Buy or Buy.
Covering analysts are looking for RBC Bearings Incorporated (NASDAQ:ROLL) to report a current quarter EPS of 1.14 when the company issues their next earnings report. This is the consensus estimate using analysts taken into consideration by Zacks Research. This estimate includes 1 sell-side analysts. For the previous reporting period, the company posted a quarterly EPS of 0.83. Investors will be closely tracking how close the actual comes to the consensus estimate after the next report. Analysts covering the stock are usually very busy during earnings periods. Before the release, they might be revising estimates. After the earnings release, they will closely review the information and update accordingly.