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
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNYSE:RBA
Previous Symbol
CUSIPN/A
Phone778-331-5500
Debt
Debt-to-Equity Ratio0.90
Current Ratio1.28
Quick Ratio1.12
Price-To-Earnings
Trailing P/E Ratio40.44
Forward P/E Ratio29.50
P/E Growth2.3
Sales & Book Value
Annual Sales$610.52 million
Price / Sales5.83
Cash Flow$1.2875 per share
Price / Cash Flow25.43
Book Value$7.03 per share
Price / Book4.66
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$75.02 million
Net Margins12.36%
Return on Equity14.15%
Return on Assets5.25%
Miscellaneous
Employees2,100
Outstanding Shares108,640,000
Market Cap$3.62 billion
OptionableOptionable
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 declared a quarterly dividend on Thursday, November 8th. Stockholders of record on Wednesday, November 28th will be paid a dividend of $0.18 per share on Wednesday, December 19th. This represents a $0.72 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Tuesday, November 27th. View Ritchie Bros. Auctioneers' Dividend History.
How were Ritchie Bros. Auctioneers' earnings last quarter?
Ritchie Bros. Auctioneers Inc (NYSE:RBA) issued its quarterly earnings data on Thursday, November, 8th. The business services provider reported $0.18 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.18. The business services provider had revenue of $159.30 million for the quarter, compared to analyst estimates of $163.59 million. Ritchie Bros. Auctioneers had a net margin of 12.36% and a return on equity of 14.15%. The business's revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 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 analysts have issued 12 month price objectives for Ritchie Bros. Auctioneers' stock. Their predictions range from $28.00 to $44.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach $35.3750 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Ritchie Bros. Auctioneers.
What is the consensus analysts' recommendation for Ritchie Bros. Auctioneers?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.
What are Wall Street analysts saying about Ritchie Bros. Auctioneers stock?
Here are some recent quotes from research analysts about Ritchie Bros. Auctioneers stock:
- 1. According to Zacks Investment Research, "Ritchie Bros. Auctioneers conduct unreserved public auctions every year at locations throughout North and Central America, Europe, Asia, Australia, Africa and the Middle East. The company is known for their innovative auction methods, attention to detail and their total commitment to the unreserved auction. The confidence this gives their customers has enabled Ritchie Bros. to become one of the largest industrial auctioneer in the world. " (11/14/2018)
- 2. Barrington Research analysts commented, "We have a MARKET PERFORM investment rating on the shares. Company Description 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: Ritchie Bros. Financial Services, and Mascus. Marketplaces segment consists of live on site auctions, online auctions and marketplaces, and brokerage service. The Ritchie Bros." (8/13/2018)
Has Ritchie Bros. Auctioneers been receiving favorable news coverage?
News headlines about RBA stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ritchie Bros. Auctioneers earned a news impact score of 0.6 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Ritchie Bros. Auctioneers' key competitors?
Some companies that are related to Ritchie Bros. Auctioneers include CoStar Group (CSGP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), The Western Union (WU), Zillow Group (Z), Zillow Group (ZG), GrubHub (GRUB), WEX (WEX), Etsy (ETSY), Farfetch (FTCH), CIELO S A/S (CIOXY) and CDK Global (CDK).
Who are Ritchie Bros. Auctioneers' key executives?
Ritchie Bros. Auctioneers' management team includes the folowing people:
- Mr. Ravichandra K. Saligram, CEO & Non-Independent Director (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
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. (10.28%), Massachusetts Financial Services Co. MA (7.34%), Janus Henderson Group PLC (5.76%), Riverbridge Partners LLC (4.34%), William Blair Investment Management LLC (3.22%) and Primecap Management Co. CA (3.13%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm and Sharon Ruth Driscoll. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.
Which institutional investors are selling Ritchie Bros. Auctioneers stock?
RBA stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Mondrian Investment Partners LTD, Grandeur Peak Global Advisors LLC, Burgundy Asset Management Ltd., FMR LLC, Riverbridge Partners LLC, Royce & Associates LP and Ceredex Value Advisors LLC. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt, Karl William Werner and Kieran Colquhoun Holm. View Insider Buying and Selling for Ritchie Bros. Auctioneers.
Which institutional investors are buying Ritchie Bros. Auctioneers stock?
RBA stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, William Blair Investment Management LLC, Eagle Asset Management Inc., Vanguard Group Inc., Man Group plc, Connor Clark & Lunn Investment Management Ltd., JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have bought Ritchie Bros. Auctioneers stock in the last two years include Edward Baltazar Pitoniak and Sharon Ruth Driscoll. 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 $32.84.
How big of a company is Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers has a market capitalization of $3.62 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.
What is Ritchie Bros. Auctioneers' official website?
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 (NYSE 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.
