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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$50.16 - $80.67
Previous Close$77.33
Volume818.65K
Average Volume (3M)828.75K
Market Cap
$14.20B
Enterprise Value$18.96B
Total Cash (Recent Filing)$462.80M
Total Debt (Recent Filing)$5.21B
Price to Earnings (P/E)46.8
Beta0.43
Next Earnings
Aug 01, 2024EPS Estimate
$0.84Last Dividend Ex-Date
Feb 08, 2024Dividend Yield1.4%
Share Statistics
EPS (TTM)1.65
Shares Outstanding183,016,770
10 Day Avg. Volume946,214
30 Day Avg. Volume828,752
Standard Deviation0.09
R-Squared0.27
Alpha0.00867
Financial Highlights & Ratios
Price to Book (P/B)-5.80
Price to Sales (P/S)13.60
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.94
Enterprise Value/Gross Profit14.14
Enterprise Value/Ebitda28.67
Forecast
1Y Price Target
$87.90Price Target Upside15.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
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
EarningsAnalyst highlights impressive revenue growth, with a substantial increase to $1.0 billion, coupled with significant gains in adjusted earnings per share.
Operational PerformanceGross Transaction Value (GTV) showcases healthy year-over-year growth, driven by robust volume expansion across various sectors.
Strategic PartnershipsA successful partnership with IAA contributes to a dramatic surge in service revenue, marking a strategic win for the company.
Bears Say
Customer RelationshipA significant customer revises their partnership terms, shifting assignment volume away from the company, potentially impacting future revenues.
Loss Of VolumeA concerning reduction in volume at IAA could affect the company's revenue, given the substantial share it represents of the company's gross transaction value, lot volume, and total consolidated revenue.
Revenue DeclineDiminished demand within the automotive, commercial construction, and transportation sectors leads to a decline in inventory sales revenue.
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Ownership Overview
1.48% Insiders
27.45% Mutual Funds
41.87% Other Institutional Investors
29.20% 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 $50.16 and its highest was $80.67 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 78 days.
How were Ritchie Bros’s earnings last quarter?
Ritchie Bros released its earnings results on May 09, 2024. The company reported $0.899 earnings per share for the quarter, beating the consensus estimate of $0.707 by $0.192.
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 $0.26 which represents an annual dividend yield of 1.4%. See more information on Ritchie Bros dividends here
What is Ritchie Bros’s EPS estimate?
Ritchie Bros’s EPS estimate is $0.84.
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 $0.899 in its last earnings report, beating expectations of $0.707. Following the earnings report the stock price went up 4.868%.
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
Underperform
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$87.90 (15.28% Upside)
$87.90 (15.28% Upside)
Blogger Sentiment
Neutral
RBA Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 728.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 3.8%
Last 30 Days ▼ 3.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.74%
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
$87.90
▲(15.28% Upside)
Technical Analysis
Best Analysts Covering RBA
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+26.39%
reiterated a buy rating 6 days ago
Copying Michael Doumet's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +26.39% per trade.
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