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

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 (WHO). 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.

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.

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.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) announced its quarterly earnings results on Thursday, May, 7th. The business services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. The business services provider had revenue of $273.30 million for the quarter, compared to analyst estimates of $302.20 million. Ritchie Bros. Auctioneers had a return on equity of 17.51% and a net margin of 11.93%. The firm's revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.17 EPS. View Ritchie Bros. Auctioneers' earnings history.

Ritchie Bros. Auctioneers declared a quarterly dividend on Wednesday, May 6th. Shareholders 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 dividend yield of 1.98%. The ex-dividend date is Tuesday, May 26th. View Ritchie Bros. Auctioneers' dividend history.

11 analysts have issued 12 month price objectives 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 twelve months. This suggests a possible upside of 4.9% from the stock's current price. View analysts' price targets for Ritchie Bros. Auctioneers.

Media coverage about RBA stock has been trending negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage 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 immediate future. View the latest news about Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a drop in short interest in 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 short-interest ratio is presently 1.1 days. Approximately 0.7% of the company's stock are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.

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

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).

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 $40.46.

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.

The official website for Ritchie Bros. Auctioneers is 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]