Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets. It also provides auction technology services for online bidding at live on site auctions. The company primarily sells equipment to its customers through unreserved auctions at 45 auction sites worldwide. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:RBA
CUSIPN/A
Phone778-331-5500
Debt
Debt-to-Equity Ratio1.02
Current Ratio1.23
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio43.79
Forward P/E Ratio33.46
P/E Growth3.49
Sales & Book Value
Annual Sales$610.52 million
Price / Sales6.26
Cash Flow$1.3196 per share
Price / Cash26.88
Book Value$7.03 per share
Price / Book5.05
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$75.02 million
Net Margins10.96%
Return on Equity12.50%
Return on Assets4.42%
Miscellaneous
Employees2,100
Outstanding Shares107,770,000
Ritchie Bros. Auctioneers (NYSE:RBA) Frequently Asked Questions
What is Ritchie Bros. Auctioneers' stock symbol?
Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA."
How often does Ritchie Bros. Auctioneers pay dividends? What is the dividend yield for Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Wednesday, May 30th will be given a dividend of $0.17 per share on Wednesday, June 20th. This represents a $0.68 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, May 29th. View Ritchie Bros. Auctioneers' Dividend History.
How were Ritchie Bros. Auctioneers' earnings last quarter?
Ritchie Bros. Auctioneers Inc (NYSE:RBA) posted its quarterly earnings results on Thursday, May, 10th. The business services provider reported $0.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.01. The business services provider earned $169.80 million during the quarter, compared to the consensus estimate of $153.56 million. Ritchie Bros. Auctioneers had a return on equity of 12.50% and a net margin of 10.96%. The firm's quarterly revenue was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.12 earnings per share. View Ritchie Bros. Auctioneers' Earnings History.
When is Ritchie Bros. Auctioneers' next earnings date?
What price target have analysts set for RBA?
11 equities research analysts have issued twelve-month price objectives for Ritchie Bros. Auctioneers' shares. Their predictions range from $26.00 to $37.00. On average, they anticipate Ritchie Bros. Auctioneers' stock price to reach $31.8889 in the next twelve months. View Analyst Ratings for Ritchie Bros. Auctioneers.
Who are some of Ritchie Bros. Auctioneers' key competitors?
Some companies that are related to Ritchie Bros. Auctioneers include CoStar Group (CSGP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Mercadolibre (MELI), Alliance Data Systems (ADS), Zillow Group Inc Class C (Z), Zillow Group Inc Class A (ZG), Nielsen (NLSN), CIELO S A/S (CIOXY), GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX), athenahealth (ATHN) and Fair Isaac (FICO).
Who are Ritchie Bros. Auctioneers' key executives?
Ritchie Bros. Auctioneers' management team includes the folowing people:
- Mr. Ravichandra K. Saligram, CEO, Non Independent Director & Interim Pres of the United States & Latin America (Age 61)
- Ms. Sharon R. Driscoll, Chief Financial Officer (Age 56)
- Ms. Marianne Marck, Chief Information Technology Officer (Age 58)
- Mr. James J. Jeter, Pres of Sales U.S (Age 59)
- Mr. David E. Ritchie, Founder and Chairman Emeritus
Has Ritchie Bros. Auctioneers been receiving favorable news coverage?
Media headlines about RBA stock have trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ritchie Bros. Auctioneers earned a daily sentiment score of 0.14 on Accern's scale. They also assigned headlines about the business services provider an impact score of 46.04 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Ritchie Bros. Auctioneers' major shareholders?
Ritchie Bros. Auctioneers' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (10.24%), Massachusetts Financial Services Co. MA (6.41%), Champlain Investment Partners LLC (5.85%), Burgundy Asset Management Ltd. (3.96%), Mondrian Investment Partners LTD (3.18%) and GW&K Investment Management LLC (1.65%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Douglas William Olive, Jeroen Laurentius Johanus Rijk, Karl William Werner and Sharon Ruth Driscoll. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.
Which major investors are selling Ritchie Bros. Auctioneers stock?
RBA stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., Russell Investments Group Ltd., Mondrian Investment Partners LTD, Baillie Gifford & Co., The Manufacturers Life Insurance Company , Envestnet Asset Management Inc., Keeley Teton Advisors LLC and Intact Investment Management Inc.. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt and Karl William Werner. View Insider Buying and Selling for Ritchie Bros. Auctioneers.
Which major investors are buying Ritchie Bros. Auctioneers stock?
RBA stock was acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Blair William & Co. IL, Champlain Investment Partners LLC, Summit Trail Advisors LLC, Eagle Asset Management Inc., Trexquant Investment LP, Oppenheimer Asset Management Inc. and Millennium Management LLC. View Insider Buying and Selling for Ritchie Bros. Auctioneers.
How do I buy shares of Ritchie Bros. Auctioneers?
Shares of RBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ritchie Bros. Auctioneers' stock price today?
One share of RBA stock can currently be purchased for approximately $35.47.
How big of a company is Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers has a market capitalization of $3.79 billion and generates $610.52 million in revenue each year. The business services provider earns $75.02 million in net income (profit) each year or $0.81 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,100 workers across the globe.
How can I contact Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers' mailing address is 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6. The business services provider can be reached via phone at 778-331-5500 or via email at [email protected]
MarketBeat Community Rating for Ritchie Bros. Auctioneers (RBA)
MarketBeat's community ratings are surveys of what our community members think about Ritchie Bros. Auctioneers and other stocks. Vote "Outperform" if you believe RBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
