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Ritchie Bros (RBA)
NYSE:RBA
Ritchie Bros (RBA) Stock Price & Analysis
234 Followers
RBA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.63 - $81.74
Previous Close$79.44
Volume933.27K
Average Volume (3M)1.54M
Market Cap
$14.57B
Enterprise Value$19.32B
Total Cash (Recent Filing)$462.80M
Total Debt (Recent Filing)$5.21B
Price to Earnings (P/E)48.0
Beta0.68
Next Earnings
Aug 06, 2024EPS Estimate
$0.84Last Dividend Ex-Date
May 29, 2024Dividend Yield1.36%
Share Statistics
EPS (TTM)1.65
Shares Outstanding183,717,695
10 Day Avg. Volume4,758,354
30 Day Avg. Volume1,538,488
Standard Deviation0.09
R-Squared0.26
Alpha0.00791
Financial Highlights & Ratios
Price to Book (P/B)-6.21
Price to Sales (P/S)105.60
Price to Cash Flow (P/CF)28.80
P/FCF Ratio35.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.06
Enterprise Value/Gross Profit14.41
Enterprise Value/Ebitda19.06
Forecast
1Y Price Target
$87.64Price Target Upside9.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Ritchie Bros News
PremiumCompany Announcements
RB Global Reports Stellar Q1 Financial Growth
PremiumPress Releases
RB Global reports first quarter 2024 resultsBulls Say, Bears Say
Bulls Say
Financial PerformanceQ1/24 results were better than expected and included a revenue increase of 108% to $1.1 billion with a 150% increase in adjusted EBITDA to $331 million.
Operational ImprovementsOperational improvements at IAA, pickup compliance and internal measure of tow performance continued to be strong at approximately 99% with on time performance to process vehicle titles at approximately 98%.
Service RevenueRB’s service revenue growth (+14%) outpaces GTV (+10%).
Bears Say
Customer LossCustomer loss full impact starts to show up in Q2 and 2H.
Market CompetitionLegacy RB side (commercial construction & transportation) faces tough comps at a time when normalization of supply and some delay in new purchases.
Market DynamicsNormalization of equipment flows following the pandemic-driven boost may shift the balance of pricing/volume in coming periods.
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Ownership Overview
1.47% Insiders
28.24% Mutual Funds
22.07% Other Institutional Investors
48.22% 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 $54.63 and its highest was $81.74 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 06, 2024 which is in 20 days.
How were Ritchie Bros’s earnings last quarter?
Ritchie Bros released its earnings results on May 09, 2024. The company reported $0.901 earnings per share for the quarter, beating the consensus estimate of $0.708 by $0.193.
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 $0.27 which represents an annual dividend yield of 1.36%. 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 $0.901 in its last earnings report, beating expectations of $0.708. Following the earnings report the stock price went up 4.871%.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$87.64 (9.78% Upside)
$87.64 (9.78% Upside)
Blogger Sentiment
Bullish
RBA Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.83%
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
$87.64
▲(9.78% Upside)
Technical Analysis
Best Analysts Covering RBA
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+34.74%
reiterated a buy rating 2 months ago
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