Should Weakness in RBC Bearings Incorporated's (NYSE:RBC) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
RBC Bearings' recent stock decline may not be exciting, but its respectable financials, including a 7.6% ROE, show efficient capital reinvestment. While ROE is lower than industry average, reinvestment of profits has driven decent earnings growth. Future earnings growth forecasts are optimistic.