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NYSE:RBARitchie Bros. Auctioneers Stock Price, Forecast & News

$43.47
+0.35 (+0.81 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$43.21
Now: $43.47
$44.03
50-Day Range
$38.68
MA: $41.95
$44.31
52-Week Range
$25.92
Now: $43.47
$45.16
Volume264,958 shs
Average Volume703,168 shs
Market Capitalization$4.70 billion
P/E Ratio31.05
Dividend Yield1.86%
Beta0.92
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 1.8Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.32 billion
Cash Flow$2.11 per share
Book Value$8.30 per share

Profitability

Net Income$149.04 million

Miscellaneous

Employees2,400
Market Cap$4.70 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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

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

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RBA stock has increased by 16.8% and is now trading at $43.47. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ritchie Bros. Auctioneers.

When is Ritchie Bros. Auctioneers' next earnings date?

Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Ritchie Bros. Auctioneers.

How were Ritchie Bros. Auctioneers' earnings last quarter?

Ritchie Bros. Auctioneers Inc (NYSE:RBA) issued its quarterly earnings results on Thursday, May, 7th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The business services provider had revenue of $273.30 million for the quarter, compared to analysts' expectations of $302.20 million. Ritchie Bros. Auctioneers had a return on equity of 17.51% and a net margin of 11.93%. The company's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 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 Wednesday, May 6th. Investors of record on Wednesday, May 27th will be given a dividend of $0.20 per share on Wednesday, June 17th. This represents a $0.80 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Tuesday, May 26th. View Ritchie Bros. Auctioneers' dividend history.

What price target have analysts set for RBA?

11 Wall Street analysts have issued 1 year target prices for Ritchie Bros. Auctioneers' shares. Their forecasts range from $36.00 to $50.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach $42.44 in the next year. This suggests that the stock has a possible downside of 2.4%. View analysts' price targets for Ritchie Bros. Auctioneers.

Has Ritchie Bros. Auctioneers been receiving favorable news coverage?

Press coverage about RBA stock has been trending neutral this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. Ritchie Bros. Auctioneers earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutRitchie Bros. Auctioneers.

Are investors shorting Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,540,000 shares, an increase of 17.6% from the April 30th total of 1,310,000 shares. Based on an average daily trading volume, of 652,300 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.4% of the shares of the stock are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.

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 Ship Finance International (SFL), Verizon Communications (VZ), Gilead Sciences (GILD), QUALCOMM (QCOM), Alibaba Group (BABA), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA), Moody's (MCO) and Target (TGT).

Who are Ritchie Bros. Auctioneers' key executives?

Ritchie Bros. Auctioneers' management team includes the following people:
  • Mr. Ravichandra K. Saligram, CEO & Non-Independent Director (Age 62)
  • Ms. Sharon R. Driscoll, Chief Financial Officer (Age 57)
  • Mr. Todd Wohler, Chief HR Officer (Age 60)
  • Mr. James J. Jeter, Pres of Sales - U.S. (Age 60)
  • Mr. Karl W. Werner, Pres of International (Age 54)

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 a variety of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (10.24%), Baillie Gifford & Co. (9.58%), Caisse DE Depot ET Placement DU Quebec (5.78%), Janus Henderson Group PLC (5.71%), ArrowMark Colorado Holdings LLC (3.96%) and William Blair Investment Management LLC (3.46%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, James J Jeter, Karl William Werner, Kieran Colquhoun Holm and Todd Donald Wohler. 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 Caisse DE Depot ET Placement DU Quebec, Fiera Capital Corp, Two Sigma Investments LP, Ceredex Value Advisors LLC, Balyasny Asset Management LLC, Principal Financial Group Inc., Grandeur Peak Global Advisors LLC, and Two Sigma Advisers LP. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, and Todd Donald Wohler. View insider buying and selling activity for Ritchie Bros. Auctioneers.

Which major investors are buying Ritchie Bros. Auctioneers stock?

RBA stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, ArrowMark Colorado Holdings LLC, Massachusetts Financial Services Co. MA, Canada Pension Plan Investment Board, JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., Mackenzie Financial Corp, and Champlain Investment 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 $43.47.

How big of a company is Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers has a market capitalization of $4.70 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 2,400 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 6/6/2020 by MarketBeat.com Staff

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