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Ritchie Bros (RBA)
NYSE:RBA
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RBA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$58.85 - $87.45
Previous Close$84.36
Volume856.20K
Average Volume (3M)1.32M
Market Cap
$15.56B
Enterprise Value$20.32B
Total Cash (Recent Filing)$462.80M
Total Debt (Recent Filing)$5.21B
Price to Earnings (P/E)47.9
Beta0.78
Next Earnings
Nov 07, 2024EPS Estimate
$0.7Last Dividend Ex-Date
Aug 28, 2024Dividend Yield1.28%
Share Statistics
EPS (TTM)1.77
Shares Outstanding184,254,005
10 Day Avg. Volume545,563
30 Day Avg. Volume1,315,622
Standard Deviation0.09
R-Squared0.29
Alpha0.00712
Financial Highlights & Ratios
Price to Book (P/B)3.07
Price to Sales (P/S)3.71
Price to Cash Flow (P/CF)31.40
P/FCF Ratio23.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.37
Enterprise Value/Gross Profit15.15
Enterprise Value/Ebitda20.04
Forecast
1Y Price Target
$94.29Price Target Upside12.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Ritchie Bros News
PremiumCompany Announcements
RB Global Welcomes New COO Steve Lewis
Bulls Say, Bears Say
Bulls Say
EarningsQ2/24 adjusted EBITDA generation was better than analyst as well as consensus expectations.
Operational PerformanceAn existing partner who previously split salvage volumes selected RBA as their sole salvage provider in the U.S. during Q2/24 adding an estimated 40,000 salvage vehicles.
Revenue GrowthService revenue increased 7% to $859.1 million including commission growth of 1.3%, a buyer fee revenue increase of 4.3%, and a 28% increase in marketplace services revenue.
Bears Say
Customer LossCustomer loss full impact starts to show up in Q2 and 2H, affecting overall performance.
GuidanceReduced FY GTV guidance range to 0-2%, reflecting weaker than expected average selling prices in the commercial construction & transportation sector.
Market ShareFaced a headwind from a known share loss.
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Ownership Overview
1.47% Insiders
28.43% Mutual Funds
56.26% Other Institutional Investors
13.84% 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 $58.85 and its highest was $87.45 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 Nov 07, 2024 which is in 49 days.
How were Ritchie Bros’s earnings last quarter?
Ritchie Bros released its earnings results on Aug 06, 2024. The company reported $0.956 earnings per share for the quarter, beating the consensus estimate of $0.874 by $0.082.
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 $0.29 which represents an annual dividend yield of 1.28%. See more information on Ritchie Bros dividends here
What is Ritchie Bros’s EPS estimate?
Ritchie Bros’s EPS estimate is $0.7.
How many shares outstanding does Ritchie Bros have?
Ritchie Bros has 184,254,000 shares outstanding.
What happened to Ritchie Bros’s price movement after its last earnings report?
Ritchie Bros reported an EPS of $0.956 in its last earnings report, beating expectations of $0.874. Following the earnings report the stock price went up 9.269%.
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 899M.
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Ritchie Bros Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$94.29 (12.38% Upside)
$94.29 (12.38% Upside)
Blogger Sentiment
Bullish
RBA Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 9.8%
Last 30 Days ▼ 9.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.41%
12-Months-Change
Fundamentals
Return on Equity
6.94%
Trailing 12-Months
Asset Growth
1.41%
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 Earnings Call
Q2 2024
0:00 / 0:00
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RBA Stock 12 Month Forecast
Average Price Target
$94.29
▲(12.38% Upside)
Technical Analysis
Best Analysts Covering RBA
1 Year
1 Year Success Rate
14/14 ratings generated profit
1 Year Average Return
+34.95%
reiterated a buy rating last month
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.95% per trade.
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