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NYSE:RBA

RB Global (RBA) Stock Price, News & Analysis

RB Global logo
$93.74 +0.14 (+0.15%)
(As of 11/20/2024 ET)

About RB Global Stock (NYSE:RBA)

Key Stats

Today's Range
$92.74
$93.77
50-Day Range
$78.71
$94.11
52-Week Range
$60.84
$94.85
Volume
483,725 shs
Average Volume
1.02 million shs
Market Capitalization
$17.29 billion
P/E Ratio
50.95
Dividend Yield
1.24%
Price Target
$98.36
Consensus Rating
Moderate Buy

Company Overview

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. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.

RB Global Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
69th Percentile Overall Score

RBA MarketRank™: 

RB Global scored higher than 69% of companies evaluated by MarketBeat, and ranked 136th out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    RB Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    RB Global has only been the subject of 4 research reports in the past 90 days.

  • Read more about RB Global's stock forecast and price target.
  • Earnings Growth

    Earnings for RB Global are expected to grow by 25.00% in the coming year, from $1.92 to $2.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RB Global is 50.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RB Global is 50.95, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

  • Price to Earnings Growth Ratio

    RB Global has a PEG Ratio of 4.55. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    RB Global has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about RB Global's valuation and earnings.
  • Percentage of Shares Shorted

    3.27% of the float of RB Global has been sold short.
  • Short Interest Ratio / Days to Cover

    RB Global has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in RB Global has recently increased by 19.25%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    RB Global pays a meaningful dividend of 1.25%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    RB Global has been increasing its dividend for 20 years.

  • Dividend Coverage

    The dividend payout ratio of RB Global is 63.04%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, RB Global will have a dividend payout ratio of 48.33% next year. This indicates that RB Global will be able to sustain or increase its dividend.

  • Read more about RB Global's dividend.
  • Percentage of Shares Shorted

    3.27% of the float of RB Global has been sold short.
  • Short Interest Ratio / Days to Cover

    RB Global has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in RB Global has recently increased by 19.25%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    RB Global has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for RB Global this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for RBA on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added RB Global to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, RB Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,248,118.00 in company stock.

  • Percentage Held by Insiders

    Only 4.10% of the stock of RB Global is held by insiders.

  • Percentage Held by Institutions

    95.37% of the stock of RB Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about RB Global's insider trading history.
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RBA Stock News Headlines

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RB Global reports third quarter 2024 results
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Preview: RB Global's Earnings
An Overview of RB Global's Earnings
RB Global Q3 2024 Earnings Preview
See More Headlines

RBA Stock Analysis - Frequently Asked Questions

RB Global's stock was trading at $66.89 at the beginning of the year. Since then, RBA stock has increased by 40.1% and is now trading at $93.74.
View the best growth stocks for 2024 here
.

RB Global, Inc. (NYSE:RBA) announced its earnings results on Tuesday, August, 6th. The business services provider reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. The business's quarterly revenue was down .9% compared to the same quarter last year.

RB Global subsidiaries include Ritchie Bros. Auctioneers (Canada) Ltd., SmartEquip, Euro Auctions, Rouse Services LLC, Kramer Auctions, IronPlanet, Mascus, and others.

Top institutional shareholders of RB Global include Massachusetts Financial Services Co. MA (5.40%), EdgePoint Investment Group Inc. (4.53%), Vontobel Holding Ltd. (4.21%) and State Street Corp (2.74%). Insiders that own company stock include James Francis Kessler, James J Jeter, Darren Jeffrey Watt, Baron Concors, Megan Anne Cash, Erik Olsson, Michael D Sieger, Adam Dewitt, Timothy J O'day, Robert George Elton, Matthew Ackley and Ann Fandozzi.
View institutional ownership trends
.

Shares of RBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that RB Global investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 9/18 Dividend
8/28/2024
Dividend Payable
9/18/2024
Today
11/20/2024
Ex-Dividend for 12/18 Dividend
11/27/2024
Dividend Payable
12/18/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/28/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Employees
9,600
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$98.36
High Stock Price Target
$107.00
Low Stock Price Target
$89.00
Potential Upside/Downside
+4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$206.50 million
Pretax Margin
12.05%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$3.70 per share
Book Value
$27.50 per share

Miscellaneous

Free Float
176,847,000
Market Cap
$17.29 billion
Optionable
Optionable
Beta
0.92

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This page (NYSE:RBA) was last updated on 11/21/2024 by MarketBeat.com Staff
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