RB Global, Inc. (TSE:RBA - Get Free Report) NYSE: RBA reached a new 52-week high during trading on Friday . The stock traded as high as C$110.00 and last traded at C$106.29, with a volume of 198236 shares changing hands. The stock had previously closed at C$99.73.
Analyst Ratings Changes
Separately, Scotiabank raised their target price on RB Global from C$74.00 to C$76.00 and gave the company an "outperform" rating in a research note on Tuesday, February 6th.
View Our Latest Stock Analysis on RBA
RB Global Stock Performance
The company has a debt-to-equity ratio of 86.55, a current ratio of 1.35 and a quick ratio of 1.00. The company has a market cap of C$19.16 billion, a P/E ratio of 73.61, a PEG ratio of 2.43 and a beta of 0.87. The stock has a fifty day moving average price of C$101.39 and a two-hundred day moving average price of C$93.01.
RB Global (TSE:RBA - Get Free Report) NYSE: RBA last announced its quarterly earnings results on Friday, February 23rd. The company reported C$0.56 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$0.56. The company had revenue of C$1.42 billion during the quarter, compared to analyst estimates of C$1.41 billion. RB Global had a return on equity of 6.06% and a net margin of 5.61%. On average, equities analysts forecast that RB Global, Inc. will post 4.505244 earnings per share for the current fiscal year.
Insider Transactions at RB Global
In related news, Senior Officer Baron Concors sold 15,658 shares of RB Global stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$76.80, for a total transaction of C$1,202,534.40. Following the transaction, the insider now directly owns -205 shares of the company's stock, valued at C($15,744). Company insiders own 0.30% 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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