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

$40.46
+0.30 (+0.75 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$40.10
Now: $40.46
$40.80
50-Day Range
$39.52
MA: $41.07
$43.63
52-Week Range
$25.92
Now: $40.46
$45.16
Volume359,762 shs
Average Volume562,255 shs
Market Capitalization$4.38 billion
P/E Ratio28.90
Dividend Yield1.98%
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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Ritchie Bros. Auctioneers logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 1.8Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.09 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$4.38 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 8.7% and is now trading at $40.46. 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 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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) announced its quarterly earnings data on Thursday, May, 7th. The business services provider reported $0.21 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 net margin of 11.93% and a return on equity of 17.51%. Ritchie Bros. Auctioneers's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.17 EPS. 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 announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.20 per share on Wednesday, June 17th. This represents a $0.80 annualized dividend and a yield of 1.98%. The ex-dividend date 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 anticipate Ritchie Bros. Auctioneers' share price to reach $42.44 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Ritchie Bros. Auctioneers.

Has Ritchie Bros. Auctioneers been receiving favorable news coverage?

News headlines about RBA stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the company's share price in the next several days. View the latest news about Ritchie Bros. Auctioneers.

Are investors shorting Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 763,900 shares, a drop of 48.4% from the May 31st total of 1,480,000 shares. Based on an average trading volume of 711,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the shares of the company 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."

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 $40.46.

How big of a company is Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers has a market capitalization of $4.38 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 7/4/2020 by MarketBeat.com Staff

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