Brokers Offer Predictions for RB Global Q2 Earnings

RB Global, Inc. (NYSE:RBA - Free Report) TSE: RBA - National Bank Financial reduced their Q2 2025 EPS estimates for shares of RB Global in a research report issued to clients and investors on Monday, July 14th. National Bank Financial analyst M. Sytchev now anticipates that the business services provider will post earnings per share of $0.94 for the quarter, down from their previous estimate of $1.00. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for RB Global's current full-year earnings is $2.50 per share.

RB Global (NYSE:RBA - Get Free Report) TSE: RBA last announced its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.89 EPS for the quarter, meeting the consensus estimate of $0.89. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. RB Global had a return on equity of 8.03% and a net margin of 9.68%. The company's revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.90 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Robert W. Baird upped their price objective on shares of RB Global from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. CIBC increased their target price on RB Global from $116.00 to $118.00 and gave the company an "outperformer" rating in a report on Friday, May 9th. Raymond James Financial raised their target price on shares of RB Global from $118.00 to $125.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Wall Street Zen downgraded RB Global from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, National Bankshares decreased their price objective on shares of RB Global from $118.00 to $115.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $115.79.

RB Global Price Performance

Shares of RBA stock traded up $0.88 during trading hours on Wednesday, hitting $110.19. 322,075 shares of the company's stock were exchanged, compared to its average volume of 956,848. The company has a market capitalization of $20.41 billion, a PE ratio of 54.24, a PEG ratio of 2.46 and a beta of 0.77. The company has a current ratio of 1.31, a quick ratio of 1.21 and a debt-to-equity ratio of 0.50. RB Global has a 12-month low of $70.38 and a 12-month high of $111.07. The business's 50 day simple moving average is $106.14 and its 200-day simple moving average is $99.35.

Institutional Trading of RB Global

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in shares of RB Global by 21.9% during the first quarter. Geneos Wealth Management Inc. now owns 540 shares of the business services provider's stock valued at $54,000 after buying an additional 97 shares during the last quarter. Securian Asset Management Inc. raised its stake in shares of RB Global by 0.7% in the first quarter. Securian Asset Management Inc. now owns 14,041 shares of the business services provider's stock worth $1,408,000 after purchasing an additional 100 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of RB Global by 10.9% in the first quarter. Nisa Investment Advisors LLC now owns 1,060 shares of the business services provider's stock worth $106,000 after purchasing an additional 104 shares during the last quarter. Wealth Alliance LLC lifted its holdings in shares of RB Global by 2.7% during the first quarter. Wealth Alliance LLC now owns 3,976 shares of the business services provider's stock valued at $399,000 after purchasing an additional 104 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in RB Global by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 40,729 shares of the business services provider's stock valued at $3,674,000 after acquiring an additional 113 shares during the period. 95.37% of the stock is currently owned by institutional investors.

Insider Activity

In other RB Global news, CEO James Francis Kessler sold 45,658 shares of the business's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $110.00, for a total value of $5,022,380.00. Following the sale, the chief executive officer directly owned 107,569 shares of the company's stock, valued at approximately $11,832,590. The trade was a 29.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CRO James J. Jeter sold 2,000 shares of RB Global stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $106.96, for a total value of $213,920.00. Following the completion of the transaction, the executive directly owned 14,167 shares of the company's stock, valued at approximately $1,515,302.32. This represents a 12.37% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 72,133 shares of company stock worth $7,843,729. 4.32% of the stock is currently owned by corporate insiders.

RB Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, May 29th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was Thursday, May 29th. RB Global's dividend payout ratio is currently 57.14%.

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.