RBC Bearings Inc
RBC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| tP% | LOCK|Dn | LOCK|@<yyt@BQ |
RBC Wraps Up Solid Fiscal 2014; Shares Still Look Mildly Overvalued
We’re holding steady on our fair value estimate for RBC Bearings following the release of the company’s fourth-quarter and full-year results. Our narrow moat rating remains intact. With today’s drop in the stock price, RBC now sits closer to our fair value estimate of $51 per share, but we still believe the stock looks mildly overvalued. Shares have come down more than 15% in the past six months, and in our opinion, now reflect a more reasonable valuation.
