RB Global (RBA) Projected to Post Quarterly Earnings on Tuesday

RB Global (NYSE:RBA - Get Free Report) TSE: RBA will likely be posting its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect RB Global to post earnings of $0.81 per share and revenue of $1.06 billion for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

RB Global Trading Up 0.4 %

NYSE RBA traded up $0.36 during trading hours on Friday, reaching $96.28. The company had a trading volume of 1,104,261 shares, compared to its average volume of 915,389. The company has a current ratio of 1.28, a quick ratio of 1.17 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $17.79 billion, a P/E ratio of 52.33, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96. The stock has a 50-day moving average of $91.47 and a 200 day moving average of $87.62. RB Global has a 1-year low of $65.99 and a 1-year high of $99.79.

RB Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a yield of 1.20%. RB Global's dividend payout ratio (DPR) is presently 63.04%.

Analyst Upgrades and Downgrades

RBA has been the topic of a number of recent research reports. BMO Capital Markets boosted their price target on shares of RB Global from $105.00 to $107.00 and gave the stock an "outperform" rating in a research note on Monday, November 11th. Robert W. Baird boosted their price target on shares of RB Global from $86.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday, November 11th. CIBC cut their price target on shares of RB Global from $109.00 to $108.00 and set an "outperformer" rating on the stock in a research note on Monday, February 3rd. Royal Bank of Canada boosted their price target on shares of RB Global from $99.00 to $107.00 and gave the stock an "outperform" rating in a research note on Monday, November 11th. Finally, StockNews.com upgraded shares of RB Global from a "hold" rating to a "buy" rating in a research note on Monday, January 27th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, RB Global has an average rating of "Moderate Buy" and a consensus price target of $100.21.

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.