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Ritchie Bros (RBA)
NYSE:RBA
Ritchie Bros (RBA) Stock Price & Analysis
226 Followers
RBA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.62 - $80.38
Previous Close$72.68
Volume688.45K
Average Volume (3M)698.43K
Market Cap
$13.37B
Enterprise Value$18.12B
Total Cash (Recent Filing)$462.80M
Total Debt (Recent Filing)$5.21B
Price to Earnings (P/E)43.9
Beta0.54
Next Earnings
Aug 01, 2024EPS Estimate
$0.83Last Dividend Ex-Date
May 29, 2024Dividend Yield1.49%
Share Statistics
EPS (TTM)1.65
Shares Outstanding183,016,770
10 Day Avg. Volume676,054
30 Day Avg. Volume698,430
Standard Deviation0.09
R-Squared0.27
Alpha0.00867
Financial Highlights & Ratios
Price to Book (P/B)-5.78
Price to Sales (P/S)12.78
Price to Cash Flow (P/CF)26.80
P/FCF Ratio19.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.68
Enterprise Value/Gross Profit13.52
Enterprise Value/Ebitda27.41
Forecast
1Y Price Target
$86.42Price Target Upside21.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Ritchie Bros News
PremiumCompany Announcements
RB Global Reports Stellar Q1 Financial Growth
PremiumPress Releases
RB Global reports first quarter 2024 results
PremiumCompany Announcements
RB Global Shareholders Show Strong Support
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRB Global's solid quarterly results, including a lift in EBITDA guidance, reflect the company's successful navigation through recent challenges.
Market PositionRB demonstrates pricing power, showing resilience in handling inflation and asset value fluctuations, which is a strong indicator of the company's competitive advantage.
Strategic GrowthIAA's expansion of its international buyer base and strategic tech investments are driving higher average selling prices and underpinning revenue growth.
Bears Say
Customer And Competitive LandscapeSome headwinds to monitor include customer loss impact and competitive at risk inventory.
Financial PerformanceInventory sales revenue decreased 12% YOY on a pro forma combined basis, with a decline in pro forma Inventory return.
Supply Chain And Sales PerformanceLegacy RB side faces tough comparisons at a time when normalization of supply and some delay in new purchases could impact performance.
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Ownership Overview
1.47% Insiders
27.35% Mutual Funds
56.88% Other Institutional Investors
14.30% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RBA FAQ
What was Ritchie Bros’s price range in the past 12 months?
Ritchie Bros lowest stock price was $51.62 and its highest was $80.38 in the past 12 months.
What is Ritchie Bros’s market cap?
Currently, no data Available
When is Ritchie Bros’s upcoming earnings report date?
Ritchie Bros’s upcoming earnings report date is Aug 01, 2024 which is in 59 days.
How were Ritchie Bros’s earnings last quarter?
Ritchie Bros released its earnings results on May 09, 2024. The company reported $0.903 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.193.
Is Ritchie Bros overvalued?
According to Wall Street analysts Ritchie Bros’s price is currently Undervalued.
Does Ritchie Bros pay dividends?
Ritchie Bros pays a Notavailable dividend of $0.27 which represents an annual dividend yield of 1.49%. See more information on Ritchie Bros dividends here
What is Ritchie Bros’s EPS estimate?
Ritchie Bros’s EPS estimate is $0.83.
How many shares outstanding does Ritchie Bros have?
Ritchie Bros has 183,717,700 shares outstanding.
What happened to Ritchie Bros’s price movement after its last earnings report?
Ritchie Bros reported an EPS of $0.903 in its last earnings report, beating expectations of $0.71. Following the earnings report the stock price went up 4.871%.
Which hedge fund is a major shareholder of Ritchie Bros?
Among the largest hedge funds holding Ritchie Bros’s share is Independent Franchise Partners Llp. It holds Ritchie Bros’s shares valued at 1B.
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Ritchie Bros Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$86.42 (21.39% Upside)
$86.42 (21.39% Upside)
Blogger Sentiment
Neutral
RBA Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.1%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.89%
12-Months-Change
Fundamentals
Return on Equity
6.28%
Trailing 12-Months
Asset Growth
1.49%
Trailing 12-Months
Company Description
Ritchie Bros
Ritchie Bros. Auctioneers, Inc. is an industrial auctioneer, which engages in the sale of equipment to on-site and online bidders. It operates through the following segments: Auctions and Marketplaces, Ritchie Bros. Financial Services and Mascus. The Auctions and Marketplaces segment consists of live on site auctions, online auctions and marketplaces, and brokerage service. The Ritchie Bros. Financial Services segment refers to the financial brokerage service. The Mascus segment includes online listing service. The company was founded by David Edward Ritchie in 1958 and is headquartered in Burnaby, Canada.
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RBA Company Deck
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RBA Earnings Call
Q1 2024
0:00 / 0:00
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RBA Stock 12 Month Forecast
Average Price Target
$86.42
▲(21.39% Upside)
Technical Analysis
Best Analysts Covering RBA
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+23.23%
reiterated a buy rating 25 days ago
Copying Michael Doumet's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +23.23% per trade.
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