Q2 Earnings Estimate for RB Global Issued By Raymond James

RB Global, Inc. (NYSE:RBA - Free Report) TSE: RBA - Research analysts at Raymond James issued their Q2 2025 EPS estimates for RB Global in a report released on Wednesday, February 19th. Raymond James analyst S. Hansen expects that the business services provider will post earnings of $0.64 per share for the quarter. Raymond James has a "Outperform" rating and a $118.00 price objective on the stock. The consensus estimate for RB Global's current full-year earnings is $2.50 per share. Raymond James also issued estimates for RB Global's FY2025 earnings at $2.35 EPS.

A number of other equities research analysts have also recently issued reports on the company. BMO Capital Markets boosted their price objective on RB Global from $116.00 to $120.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. Royal Bank of Canada boosted their price target on shares of RB Global from $107.00 to $116.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. Robert W. Baird upped their price target on shares of RB Global from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. StockNews.com upgraded shares of RB Global from a "hold" rating to a "buy" rating in a research note on Monday, January 27th. Finally, CIBC dropped their target price on RB Global from $109.00 to $108.00 and set an "outperformer" rating on the stock in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $107.64.

RB Global Stock Performance

Shares of RBA opened at $102.61 on Monday. RB Global has a 1 year low of $67.15 and a 1 year high of $106.90. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.29 and a quick ratio of 1.17. The stock's fifty day moving average price is $91.94 and its two-hundred day moving average price is $88.61. The firm has a market cap of $18.95 billion, a PE ratio of 51.05, a PEG ratio of 4.95 and a beta of 0.96.

RB Global (NYSE:RBA - Get Free Report) TSE: RBA last posted its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.23). RB Global had a net margin of 9.64% and a return on equity of 8.00%. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the previous year, the company posted $0.82 EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in RB Global during the fourth quarter worth about $266,148,000. Norges Bank bought a new stake in shares of RB Global during the 4th quarter valued at about $209,931,000. FMR LLC grew its holdings in shares of RB Global by 137.5% during the fourth quarter. FMR LLC now owns 2,804,404 shares of the business services provider's stock worth $252,985,000 after purchasing an additional 1,623,429 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of RB Global by 9.8% in the fourth quarter. Vontobel Holding Ltd. now owns 8,451,146 shares of the business services provider's stock worth $762,378,000 after purchasing an additional 753,700 shares during the last quarter. Finally, National Bank of Canada FI increased its position in shares of RB Global by 309.6% in the third quarter. National Bank of Canada FI now owns 808,172 shares of the business services provider's stock worth $65,014,000 after purchasing an additional 610,843 shares during the last quarter. Institutional investors own 95.37% of the company's stock.

RB Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, February 14th. RB Global's payout ratio is 57.71%.

RB Global Company Profile

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.

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