Ritchie Bros. Auctioneers Incorporated Company Profile (NYSE:RBA)

About Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)

Ritchie Bros. Auctioneers Incorporated logoRitchie Bros Auctioneers Inc is a Canada-based holding company. The Company is an industrial auctioneer and used equipment distributor, selling used equipment and other assets. Its segments include Core Auction, which is a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding, and Other, which includes its EquipmentOne and Mascus International Holding B.V. (Mascus) online services. EquipmentOne is an online marketplace that equipment sellers can navigate independently. EquipmentOne facilitates the completion of sales through a settlement process managed by EquipmentOne that protects both the seller and the buyer. Mascus is an online equipment listing service for used heavy machinery and trucks. It offers subscriptions to equipment dealers, brokers, exporters and equipment manufacturers to list equipment available for sale at a listed price. The Company, through Mascus, provides online advertising services, business tools and solutions.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Support Services
  • Sub-Industry: N/A
  • Symbol: NYSE:RBA
  • CUSIP: N/A
  • Web: www.rbauction.com
Capitalization:
  • Market Cap: $3.07915 billion
  • Outstanding Shares: 107,101,000
Average Prices:
  • 50 Day Moving Avg: $29.88
  • 200 Day Moving Avg: $29.87
  • 52 Week Range: $26.68 - $39.96
P/E:
  • Trailing P/E Ratio: 62.64
  • Foreward P/E Ratio: 25.90
  • P/E Growth: 2.91
Sales & Book Value:
  • Annual Revenue: $566.33 million
  • Price / Sales: 5.44
  • Book Value: $6.65 per share
  • Price / Book: 4.32
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 2.4%
Profitability:
  • EBITDA: $203.46 million
  • Net Margins: 8.96%
  • Return on Equity: 14.72%
  • Return on Assets: 6.14%
Debt:
  • Debt-to-Equity Ratio: 1.11%
  • Current Ratio: 1.24%
  • Quick Ratio: 1.18%
Misc:
  • Average Volume: 650,217 shs.
  • Beta: 0.57
  • Short Ratio: 14.08
 

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

What is Ritchie Bros. Auctioneers Incorporated's stock symbol?

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

How often does Ritchie Bros. Auctioneers Incorporated pay dividends? What is the dividend yield for Ritchie Bros. Auctioneers Incorporated?

Ritchie Bros. Auctioneers Incorporated announced a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.17 per share on Friday, September 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Ritchie Bros. Auctioneers Incorporated's Dividend History.

How were Ritchie Bros. Auctioneers Incorporated's earnings last quarter?

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.01. The business earned $166.20 million during the quarter, compared to the consensus estimate of $161.85 million. Ritchie Bros. Auctioneers Incorporated had a return on equity of 14.72% and a net margin of 8.96%. The company's revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $0.37 earnings per share. View Ritchie Bros. Auctioneers Incorporated's Earnings History.

When will Ritchie Bros. Auctioneers Incorporated make its next earnings announcement?

Ritchie Bros. Auctioneers Incorporated is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Ritchie Bros. Auctioneers Incorporated.

Where is Ritchie Bros. Auctioneers Incorporated's stock going? Where will Ritchie Bros. Auctioneers Incorporated's stock price be in 2017?

11 brokerages have issued 12-month price targets for Ritchie Bros. Auctioneers Incorporated's shares. Their predictions range from $23.00 to $40.00. On average, they anticipate Ritchie Bros. Auctioneers Incorporated's share price to reach $30.67 in the next year. View Analyst Ratings for Ritchie Bros. Auctioneers Incorporated.

What are analysts saying about Ritchie Bros. Auctioneers Incorporated stock?

Here are some recent quotes from research analysts about Ritchie Bros. Auctioneers Incorporated 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. " (10/11/2017)
  • 2. TD Securities analysts commented, "We have only trimmed our estimates, but highlight that the large number of earnings adjustments, and minimal guidance regarding the IronPlanet deal’s expected EPS accretion increase forecasting risk, in our view. We have a positive view of Ritchie Bros.’ franchise, which should be enhanced by the IronPlanet acquisition; however, we are concerned that, after benefiting from significant de-fleeting activity in 2015/2016 following the commodity price collapse, Ritchie Bros. (and likely also IronPlanet) now faces a growth headwind as equipment supply/demand has become more balanced. 45 45 40 40 35 35 30 30 25 25 20 20 May-17 Mar-17 Jan-17 Nov-16 Sep-16 Jul-16 RBA-N: Price Company Profile Ritchie Bros." (5/9/2017)

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

Who are Ritchie Bros. Auctioneers Incorporated's key executives?

Ritchie Bros. Auctioneers Incorporated's management team includes the folowing people:

  • Beverley Anne Briscoe, Independent Chairman of the Board
  • Ravichandra K. Saligram, Chief Executive Officer, Interim President, United States and Latin America, Director
  • Sharon R. Driscoll, Chief Financial Officer
  • James Barr IV, Group President - Emerging Businesses, Brand Innovation and Technology Services
  • Randall James Wall, President, Canada
  • Karl William Werner, President - International
  • Todd Donald Wohler, Chief Human Resource Officer
  • Kieran C. Holm, Senior Vice President - Operational Excellence & Efficiencies
  • Doug Olive, Senior Vice President, Pricing & Appraisals
  • Marianne Marck, Chief Information Officer

Who owns Ritchie Bros. Auctioneers Incorporated stock?

Ritchie Bros. Auctioneers Incorporated's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Shell Asset Management Co. (0.02%). Company insiders that own Ritchie Bros. Auctioneers Incorporated stock include Douglas William Olive, Edward Baltazar Pitoniak, Jeroen Laurentius Johanus Rijk, Karl William Werner, Robert Alastair Mcleod and Sharon Ruth Driscoll. View Institutional Ownership Trends for Ritchie Bros. Auctioneers Incorporated.

Who bought Ritchie Bros. Auctioneers Incorporated stock? Who is buying Ritchie Bros. Auctioneers Incorporated stock?

Ritchie Bros. Auctioneers Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co.. Company insiders that have bought Ritchie Bros. Auctioneers Incorporated stock in the last two years include Edward Baltazar Pitoniak and Sharon Ruth Driscoll. View Insider Buying and Selling for Ritchie Bros. Auctioneers Incorporated.

How do I buy Ritchie Bros. Auctioneers Incorporated stock?

Shares of Ritchie Bros. Auctioneers Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ritchie Bros. Auctioneers Incorporated's stock price today?

One share of Ritchie Bros. Auctioneers Incorporated stock can currently be purchased for approximately $28.75.


MarketBeat Community Rating for Ritchie Bros. Auctioneers Incorporated (NYSE RBA)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  594
MarketBeat's community ratings are surveys of what our community members think about Ritchie Bros. Auctioneers Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.18)
Consensus Price Target: $30.67 (6.67% upside)
Consensus Price Target History for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Price Target History for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Analysts' Ratings History for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017ScotiabankSet Price TargetOutperform$34.00N/AView Rating Details
10/10/2017Jefferies Group LLCReiterated RatingHold$29.00 -> $26.00N/AView Rating Details
10/10/2017TD SecuritiesLower Price TargetReduce$25.00 -> $23.00N/AView Rating Details
10/10/2017Raymond James Financial, Inc.Lower Price TargetMarket Perform$29.50 -> $29.00N/AView Rating Details
9/12/2017Robert W. BairdReiterated RatingBuy$33.00LowView Rating Details
8/9/2017National Bank FinancialLower Price TargetSector Perform$31.50 -> $30.00LowView Rating Details
8/9/2017Royal Bank Of CanadaSet Price TargetBuy$40.00HighView Rating Details
7/10/2017CIBCDowngradeSector Outperform -> Sector Perform$28.00HighView Rating Details
4/24/2017William BlairReiterated RatingOutperformLowView Rating Details
1/13/2017Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
1/13/2017BMO Capital MarketsLower Price TargetMarket Perform$38.00 -> $33.00N/AView Rating Details
8/25/2016MacquarieInitiated CoverageOutperform$34.00N/AView Rating Details
8/15/2016KeyCorpUpgradeSector Weight -> Overweight$34.00N/AView Rating Details
7/22/2016OTR GlobalReiterated RatingMixed -> NegativeN/AView Rating Details
1/14/2016Canaccord GenuityReiterated RatingBuy$32.00 -> $28.00N/AView Rating Details
12/29/2015Oppenheimer Holdings, Inc.Reiterated RatingHoldN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Earnings by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Earnings History by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE RBA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017        
8/8/20176/30/2017$0.32$0.33$161.85 million$166.20 millionViewListenView Earnings Details
2/21/2017Q416$0.27$0.30$133.92 million$146.80 millionViewListenView Earnings Details
11/9/2016Q316$0.21$0.20$121.06 million$128.90 millionViewListenView Earnings Details
8/9/2016Q216$0.44$0.37$160.96 million$158.80 millionViewN/AView Earnings Details
5/9/2016Q116$0.21$0.27$116.02 million$131.90 millionViewN/AView Earnings Details
2/25/2016Q415$0.32$0.29$137.55 million$135.50 millionViewListenView Earnings Details
11/5/2015Q315$0.15$0.19$107.17 million$109.30 millionViewN/AView Earnings Details
8/6/2015Q215$0.37$0.43$147.49 million$155.50 millionViewN/AView Earnings Details
5/7/2015Q414$0.15$0.22$108.30 million$115.60 millionViewN/AView Earnings Details
2/27/2015Q414$0.31$0.31$137.90 million$138.50 millionViewN/AView Earnings Details
11/4/2014Q314$0.13$0.13$101.47 million$102.20 millionViewN/AView Earnings Details
8/5/2014Q214$0.34$0.36$140.92 million$141.84 millionViewN/AView Earnings Details
5/5/2014Q114$0.13$0.13$101.56 million$98.60 millionViewN/AView Earnings Details
3/3/2014Q413$0.26$0.28$127.09 million$131.20 millionViewN/AView Earnings Details
11/5/2013Q313$0.11$0.15$93.40 million$105.80 millionViewN/AView Earnings Details
8/6/2013Q213$0.27$0.28$125.20 million$128.32 millionViewN/AView Earnings Details
4/30/2013Q113$0.15$0.13$100.37 million$102.06 millionViewN/AView Earnings Details
2/26/2013Q412$0.23$0.21$114.44 million$117.10 millionViewN/AView Earnings Details
10/30/2012Q312$0.11$0.11$93.74 million$92.30 millionViewN/AView Earnings Details
8/2/2012$0.36$0.30ViewN/AView Earnings Details
5/3/2012$0.17$0.17ViewN/AView Earnings Details
2/28/2012$0.24$0.25ViewN/AView Earnings Details
11/1/2011$0.14$0.06ViewN/AView Earnings Details
8/5/2011$0.27$0.25ViewN/AView Earnings Details
5/3/2011$0.12$0.13ViewN/AView Earnings Details
2/24/2011$0.15$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
2017 EPS Consensus Estimate: $1.00
2018 EPS Consensus Estimate: $1.14
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176$0.20$0.30$0.24
Q2 20177$0.29$0.40$0.35
Q3 20177$0.12$0.22$0.16
Q4 20177$0.18$0.28$0.25
Q1 20182$0.19$0.22$0.21
Q2 20182$0.42$0.43$0.43
Q3 20182$0.18$0.23$0.21
Q4 20182$0.28$0.32$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.68
Dividend Yield:2.37%
Dividend Growth:9.30% (3 Year Average)
Payout Ratio:144.68% (Trailing 12 Months of Earnings)
74.73% (Based on This Year's Estimates)
61.26% (Based on Next Year's Estimates)
Track Record:14 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)

Dividend History by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE RBA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2017Quarterly$0.172.44%8/23/20178/25/20179/15/2017
5/5/2017quarterly$0.172.2%5/19/20175/23/20176/13/2017
1/23/2017Quarterly$0.172.12%2/8/20172/10/20173/3/2017
11/10/2016Quarterly$0.171.83%11/23/201611/28/201612/19/2016
8/9/2016quarterly$0.172.32%8/31/20169/2/20169/23/2016
5/10/2016quarterly$0.162.08%5/20/20165/24/20166/14/2016
1/25/2016Quarterly$0.162/10/20162/12/20163/4/2016
11/6/2015quarterly$0.162.37%11/24/201511/27/201512/18/2015
8/7/2015quarterly$0.162.3%9/2/20159/4/20159/25/2015
5/8/2015quarterly$0.142.04%5/27/20155/29/20156/19/2015
1/12/2015$0.142/11/20152/13/20153/6/2015
11/4/2014quarterly$0.142.31%11/19/201411/21/201412/12/2014
8/5/2014quarterly$0.142.33%8/20/20148/22/20149/12/2014
5/5/2014quarterly$0.132.2%5/21/20145/23/20146/13/2014
1/20/2014quarterly$0.132.21%2/12/20142/14/20143/7/2014
11/5/2013quarterly$0.132.5%11/20/201311/22/201312/13/2013
8/6/2013quarterly$0.132.61%8/21/20138/23/20139/13/2013
4/30/2013quarterly$0.122.5%5/15/20135/17/20136/7/2013
1/21/2013quarterly$0.122.29%2/13/20132/15/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Insider Ownership Percentage: 0.39%
Institutional Ownership Percentage: 96.17%
Insider Trades by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Institutional Ownership by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Insider Trades by Quarter for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2017Sharon Ruth DriscollCFOBuy1,375$29.77$40,933.75View SEC Filing  
8/25/2017Sharon Ruth DriscollCFOBuy1,000$28.59$28,590.00View SEC Filing  
12/6/2016Douglas William OliveVPSell5,400$37.75$203,850.00View SEC Filing  
9/16/2016Jeroen Laurentius Johanus RijkVPSell6,600$34.00$224,400.00View SEC Filing  
3/11/2016Robert Alastair McleodInsiderSell10,088$24.50$247,156.00View SEC Filing  
3/9/2016Karl William WernerInsiderSell19,300$25.12$484,816.00View SEC Filing  
3/8/2016Robert Alastair McleodInsiderSell11,200$25.31$283,472.00View SEC Filing  
3/4/2016Edward Baltazar PitoniakDirectorBuy100$24.44$2,444.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Latest Headlines for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Source:
Loading headlines, please wait.

Social

Chart

Ritchie Bros. Auctioneers Incorporated (RBA) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.