Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

Headquartered in Oxford, Conn., RBC Bearings Incorporated (ROLL - Analyst Report) recently acquired Climax Metal Products Company. Based in Mentor, Ohio, Climax Metal is a provider of engineered shaft locking solutions, including shaft collars, rigid couplings and keyless locking devices. The acquisition was worth $13.6 million.

Climax Metal generated revenues of $14.1 million in the last calendar year, whereas RBC Bearings recorded revenues of $403.1 million in the fiscal year ended Mar 2013.

RBC Bearings is on constant lookout for acquisitions to enhance its product portfolio as well as geographical reach. Since Oct 1992, RBC Bearings has made 20 accretive acquisitions. Of these, the acquisitions of Lubron, PIC Design, A.I.D. Company and BEMD Company deserve special mention.

In March, RBC Bearings acquired Western Precision Aero LLC, a manufacturer of precision components and gears, for $2.6 million.

Earlier this month, the company reported fiscal first-quarter 2014 results with adjusted earnings of 66 cents per share, increasing 6.5% year over year. However, net sales declined 0.6% year over year to $102.7 million due to weekness in the Industrial segment. The company also announced that the steady cash in the balance sheet will be used for future acquisitions.

RBC Bearings manufacturers and distributes plain, roller and ball bearings. These bearings are a tool to reduce damage and energy loss along with smoothening of proper power transmission in the majority of machine and mechanical systems.

The company currently carries a Zacks Rank #3 (Hold). However, other stocks worth a look in the industry are NN Inc. (NNBR - Snapshot Report), Northwest Pipe Co. (NWPX - Snapshot Report) and CIRCOR International, Inc. (CIR - Snapshot Report). While NN Inc. and Northwest Pipe carry a Zacks Rank #1 (Strong Buy), CIRCOR carries a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%