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

C$58.46

+0.18 (+0.31 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

C$57.94

Now: C$58.46▼

C$59.00

50-Day Range

C$54.52

MA: C$58.58▼

C$61.79

52-Week Range

C$37.76

Now: C$58.46▼

C$62.06

Volume190,419 shs

Average Volume330,882 shs

Market CapitalizationC$6.33 billion

P/E Ratio48.31

Dividend Yield1.89%

BetaN/A

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.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
Ritchie Bros. Auctioneers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$33.00, Ritchie Bros. Auctioneers has a potential downside of 43.6% from its current price of C$58.46.
Amount of Analyst Coverage
Ritchie Bros. Auctioneers has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Ritchie Bros. Auctioneers has received 218 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ritchie Bros. Auctioneers has received 313 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ritchie Bros. Auctioneers has received 58.95% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ritchie Bros. Auctioneers and other stocks. Vote “Outperform” if you believe RBA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RBA will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Ritchie Bros. Auctioneers is a leading dividend payer. It pays a dividend yield of 1.89%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ritchie Bros. Auctioneers does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ritchie Bros. Auctioneers is 64.46 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ritchie Bros. Auctioneers insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Ritchie Bros. Auctioneers are expected to decrease by -100.00% in the coming year, from C$1.38 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ritchie Bros. Auctioneers is 48.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ritchie Bros. Auctioneers is 48.31, which means that it is trading at a more expensive P/E ratio than the Services sector average P/E ratio of about 21.26.
Price to Earnings Growth Ratio
Ritchie Bros. Auctioneers has a PEG Ratio of 2.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ritchie Bros. Auctioneers has a P/B Ratio of 7.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.22 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Business Services

Sub-IndustryN/A

SectorServices

Current SymbolTSE:RBA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.rbauction.com

Phone+1-778-3315500

Debt

Debt-to-Equity Ratio99.54

Current Ratio1.23

Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio48.31

Forward P/E Ratio42.36

P/E Growth2.4

Sales & Book Value

Annual SalesC$1.34 billion

Price / Sales4.71

Cash FlowC$2.87 per share

Price / Cash Flow20.38

Book ValueC$7.75 per share

Price / Book7.55

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,200

Outstanding Shares108,265,000

Market CapC$6.33 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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

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

Ritchie Bros. Auctioneers' stock was trading at C$51.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RBA stock has increased by 14.3% and is now trading at C$58.46. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ritchie Bros. Auctioneers?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 4 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 (TSE:RBA) posted its quarterly earnings results on Thursday, May, 7th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.02. The company had revenue of $366.83 million for the quarter, compared to analysts' expectations of $421.22 million. 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 0.279 per share on Wednesday, June 17th. This represents a $1.12 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Tuesday, May 26th. This is a boost from Ritchie Bros. Auctioneers's previous quarterly dividend of C$0.26. View Ritchie Bros. Auctioneers' dividend history.

What price target have analysts set for RBA?

4 equities research analysts have issued 1 year price objectives for Ritchie Bros. Auctioneers' stock. Their forecasts range from C$33.00 to C$33.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach C$33.00 in the next year. This suggests that the stock has a possible downside of 43.6%. View analysts' price targets for Ritchie Bros. Auctioneers.

Has Ritchie Bros. Auctioneers been receiving favorable news coverage?

Headlines about RBA stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a news impact score of 0.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutRitchie Bros. Auctioneers.

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

Some companies that are related to Ritchie Bros. Auctioneers include Brambles (BXB), Intertek Group (ITRK), Rentokil Initial (RTO), Homeserve (HSV), CPPGroup (CPP), ALS (ALQ), IWG (IWG), Spotless Group (SPO), BCA Marketplace (BCA), RWS (RWS), GlobalData (DATA), Serco Group (SRP), IPH (IPH), Keywords Studios (KWS) and Hyve Group (HYVE). View all 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 Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), Canadian National Railway (CNR), Western Forest Products (WEF), Aurora Cannabis (ACB), BlackBerry (BB), Bank of Nova Scotia (BNS), CAE (CAE), Dollarama (DOL) and Hydro One (H).

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 Toronto Stock Exchange (TSX) under the ticker symbol "RBA."

How do I buy shares of Ritchie Bros. Auctioneers?

Shares of RBA and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Ritchie Bros. Auctioneers' stock price today?

One share of RBA stock can currently be purchased for approximately C$58.46.

How big of a company is Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers has a market capitalization of C$6.33 billion and generates C$1.34 billion in revenue each year. Ritchie Bros. Auctioneers employs 2,200 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 300-9500 Glenlyon Pky, BURNABY, BC V5J 0C6, Canada. The company can be reached via phone at +1-778-3315500.

This page was last updated on 6/5/2020 by MarketBeat.com Staff