RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA hit a new 52-week high on Monday . The company traded as high as C$120.64 and last traded at C$120.15, with a volume of 160442 shares traded. The stock had previously closed at C$111.99.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets upgraded shares of RB Global to a "strong-buy" rating in a report on Thursday, September 5th.
Check Out Our Latest Stock Analysis on RB Global
RB Global Stock Performance
The company has a market capitalization of C$22.00 billion, a PE ratio of 48.53, a price-to-earnings-growth ratio of 2.43 and a beta of 0.93. The business's fifty day moving average is C$112.29 and its two-hundred day moving average is C$106.89. The company has a current ratio of 1.29, a quick ratio of 1.00 and a debt-to-equity ratio of 80.04.
RB Global (TSE:RBA - Get Free Report) NYSE: RBA last announced its earnings results on Tuesday, August 6th. The company reported C$0.74 earnings per share for the quarter, missing analysts' consensus estimates of C$0.82 by C($0.08). The company had revenue of C$1.50 billion for the quarter, compared to analysts' expectations of C$1.54 billion. RB Global had a net margin of 8.68% and a return on equity of 6.61%. Equities research analysts predict that RB Global, Inc. will post 5.0577819 earnings per share for the current year.
RB Global Increases Dividend
The business also recently announced a 1 dividend, which was paid on Wednesday, August 28th. Shareholders of record on Friday, January 1st were paid a dividend of $1.602 per share. The ex-dividend date was Wednesday, September 18th. This is a positive change from RB Global's previous 1 dividend of $1.49. RB Global's payout ratio is currently 64.23%.
Insider Buying and Selling at RB Global
In other RB Global news, Senior Officer James Jeffrey Jeter sold 2,920 shares of the business's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$78.96, for a total transaction of C$230,563.20. Company insiders own 0.29% of the company's stock.
About RB Global
(
Get Free Report)
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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