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NYSE:RBA

Ritchie Bros. Auctioneers Stock Forecast, Price & News

$68.30
+0.98 (+1.46 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$67.32
Now: $68.30
$68.95
50-Day Range
$60.11
MA: $64.70
$75.20
52-Week Range
$25.92
Now: $68.30
$78.64
Volume193,068 shs
Average Volume543,129 shs
Market Capitalization$7.47 billion
P/E Ratio48.79
Dividend Yield1.31%
Beta1.08
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site 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, as well as construction and heavy machinery. It also offers live auction events with online bidding. The company sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. It serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. The company operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
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Ritchie Bros. Auctioneers logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars


Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
CUSIPN/A
Phone778-331-5500
Employees2,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$2.29 per share
Book Value$8.30 per share

Profitability

Net Income$149.04 million

Miscellaneous

Market Cap$7.47 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$68.30
+0.98 (+1.46 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ritchie Bros. Auctioneers (NYSE:RBA) Frequently Asked Questions

How has Ritchie Bros. Auctioneers' stock been impacted by Coronavirus (COVID-19)?

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RBA shares have increased by 83.5% and is now trading at $68.30.
View which stocks have been most impacted by COVID-19
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Do Wall Street analysts recommend investors buy shares of Ritchie Bros. Auctioneers?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Ritchie Bros. Auctioneers
.

What stocks does MarketBeat like better than Ritchie Bros. Auctioneers?

Wall Street analysts have given Ritchie Bros. Auctioneers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ritchie Bros. Auctioneers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ritchie Bros. Auctioneers' next earnings date?

Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Ritchie Bros. Auctioneers
.

How were Ritchie Bros. Auctioneers' earnings last quarter?

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) released its earnings results on Thursday, November, 5th. The business services provider reported $0.44 EPS for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.14. The business services provider had revenue of $331.54 million for the quarter, compared to analysts' expectations of $305.71 million. Ritchie Bros. Auctioneers had a net margin of 11.89% and a return on equity of 17.77%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 earnings per share.
View Ritchie Bros. Auctioneers' earnings history
.

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 Monday, November 9th. Investors of record on Wednesday, November 25th will be paid a dividend of $0.22 per share on Wednesday, December 16th. This represents a $0.88 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, November 24th.
View Ritchie Bros. Auctioneers' dividend history
.

What price target have analysts set for RBA?

9 brokers have issued 1-year price targets for Ritchie Bros. Auctioneers' stock. Their forecasts range from $42.50 to $80.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach $60.21 in the next year. This suggests that the stock has a possible downside of 11.8%.
View analysts' price targets for Ritchie Bros. Auctioneers
.

Are investors shorting Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,020,000 shares, an increase of 15.0% from the September 30th total of 886,700 shares. Based on an average trading volume of 497,500 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.9% of the shares of the stock are sold short.
View Ritchie Bros. Auctioneers' Short Interest
.

Who are some of Ritchie Bros. Auctioneers' key competitors?

What other stocks do shareholders of Ritchie Bros. Auctioneers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers investors own include SFL (SFL), Verizon Communications (VZ), Advanced Micro Devices (AMD), Target (TGT), Taiwan Semiconductor Manufacturing (TSM), The Home Depot (HD), Pfizer (PFE), QUALCOMM (QCOM), Raytheon Technologies (RTX) and Xilinx (XLNX).

Who are Ritchie Bros. Auctioneers' key executives?

Ritchie Bros. Auctioneers' management team includes the following people:
  • Ms. Sharon R. Driscoll, Chief Financial Officer (Age 58, Pay $1.08M)
  • Mr. Karl W. Werner, Pres of International (Age 55, Pay $836.94k)
  • Mr. James J. Jeter, Pres of Upstream & Emerging Bus.es - North America (Age 61, Pay $843.26k)
  • Ms. Kari R. Taylor, Pres of North America Sales (Age 46, Pay $467.86k)
  • Ms. Ann M. Fandozzi, CEO & Director (Age 49)
  • Mr. David E. Ritchie, Founder and Chairman Emeritus
  • Mr. James F. Kessler, Chief Operating Officer
  • Mr. Baron Concors, Chief Information Officer
  • Zaheed Mawani, VP of Investor Relations
  • Mr. Darren J. Watt, Sr. VP, Gen. Counsel & Corp. Sec. (Age 48)

What is Ritchie Bros. Auctioneers' stock symbol?

Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA."

Who are Ritchie Bros. Auctioneers' major shareholders?

Ritchie Bros. Auctioneers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (10.00%), ArrowMark Colorado Holdings LLC (3.98%), William Blair Investment Management LLC (3.82%), Riverbridge Partners LLC (3.26%), GW&K Investment Management LLC (1.70%) and Champlain Investment Partners LLC (0.84%). Company insiders that own Ritchie Bros. Auctioneers stock include Christopher Zimmerman, Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, Matthew Ackley, Sharon Ruth Driscoll and Todd Donald Wohler.
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 Champlain Investment Partners LLC, Standard Life Aberdeen plc, TD Asset Management Inc., Massachusetts Financial Services Co. MA, ArrowMark Colorado Holdings LLC, Thrivent Financial for Lutherans, Principal Financial Group Inc., and William Blair Investment Management LLC. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Christopher Zimmerman, Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, Matthew Ackley, Sharon Ruth Driscoll, and Todd Donald Wohler.
View insider buying and selling activity 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 Vaughan Nelson Investment Management L.P., The Manufacturers Life Insurance Company, Morgan Stanley, Arrowstreet Capital Limited Partnership, CIBC Private Wealth Group LLC, Segall Bryant & Hamill LLC, Voloridge Investment Management LLC, and Riverbridge Partners LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Ritchie Bros. Auctioneers' stock price today?

One share of RBA stock can currently be purchased for approximately $68.30.

How big of a company is Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers has a market capitalization of $7.47 billion and generates $1.32 billion in revenue each year. The business services provider earns $149.04 million in net income (profit) each year or $1.33 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,500 workers across the globe.

What is Ritchie Bros. Auctioneers' official website?

The official website for Ritchie Bros. Auctioneers is www.rbauction.com.

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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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