NYSE:RBA - Ritchie Bros. Auctioneers Stock Price, Forecast & News

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RBA shares have decreased by 6.2% and is now trading at $34.92. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) released its quarterly earnings results on Thursday, February, 27th. The business services provider reported $0.44 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.03. The business services provider had revenue of $332.20 million for the quarter, compared to analyst estimates of $369.82 million. Ritchie Bros. Auctioneers had a return on equity of 17.03% and a net margin of 11.30%. The firm's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 EPS. View Ritchie Bros. Auctioneers' earnings history.

Ritchie Bros. Auctioneers announced a quarterly dividend on Tuesday, January 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.20 per share on Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Thursday, February 13th. View Ritchie Bros. Auctioneers' dividend history.

11 Wall Street analysts have issued 12 month target prices for Ritchie Bros. Auctioneers' stock. Their forecasts range from $33.00 to $44.00. On average, they anticipate Ritchie Bros. Auctioneers' share price to reach $38.19 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts' price targets for Ritchie Bros. Auctioneers.

News stories about RBA stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ritchie Bros. Auctioneers earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutRitchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a increase in short interest in March. As of March 13th, there was short interest totaling 1,338,800 shares, an increase of 188.4% from the February 27th total of 464,200 shares. Based on an average trading volume of 420,600 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.2% of the shares of the company are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.

Some companies that are related to Ritchie Bros. Auctioneers include Akamai Technologies (AKAM), Trip.com Group (TCOM), Ctrip.Com International (CTRP), Broadridge Financial Solutions (BR), Fair Isaac (FICO), LYFT (LYFT), Zillow Group (Z), The Western Union (WU), Zillow Group (ZG), Etsy (ETSY), WEX (WEX), Nielsen (NLSN), CDK Global (CDK), MAXIMUS (MMS) and GrubHub (GRUB).

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), Home Depot (HD), NVIDIA (NVDA), QUALCOMM (QCOM), Xilinx (XLNX), Alibaba Group (BABA), Walt Disney (DIS) and Moody's (MCO).

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

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.

One share of RBA stock can currently be purchased for approximately $34.92.

Ritchie Bros. Auctioneers has a market capitalization of $3.82 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. View additional information about Ritchie Bros. Auctioneers.

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

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]