Should I buy or sell RB Global stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RB Global in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBA shares. View RBA analyst ratings or view top-rated stocks .

What is RB Global's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price objectives for RB Global's shares. Their RBA share price targets range from C$73.00 to C$78.00. On average, they anticipate the company's stock price to reach C$75.67 in the next year. This suggests that the stock has a possible downside of 24.2%. View analysts price targets for RBA or view top-rated stocks among Wall Street analysts .

How have RBA shares performed in 2024?

RB Global's stock was trading at C$88.67 at the beginning of 2024. Since then, RBA shares have increased by 12.6% and is now trading at C$99.84. View the best growth stocks for 2024 here .

When is RB Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our RBA earnings forecast .

How were RB Global's earnings last quarter?

RB Global, Inc. (TSE:RBA) announced its quarterly earnings results on Friday, February, 23rd. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The business earned $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. RB Global had a trailing twelve-month return on equity of 6.06% and a net margin of 5.61%.

How often does RB Global pay dividends? What is the dividend yield for RB Global?

RB Global declared a 1 dividend on Thursday, February 8th. Shareholders of record on Friday, January 1st will be given a dividend of 1.431 per share on Friday, February 9th. The ex-dividend date of this dividend is Friday, March 1st. Read our dividend analysis for RBA .

Is RB Global a good dividend stock?

RB Global (TSE:RBA) pays an annual dividend of C$1.47 per share and currently has a dividend yield of 1.44%. The dividend payout ratio is 104.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RBA .

What other stocks do shareholders of RB Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RB Global investors own include Toronto-Dominion Bank (TD) , Aurora Cannabis (ACB) , BlackBerry (BB) , CAE (CAE) , Canadian National Railway (CNR) , Hydro One (H) , Hudbay Minerals (HBM) , IAMGOLD (IMG) , Kirkland Lake Gold (KL) and Starbucks (SBUX) .

How do I buy shares of RB Global?

Shares of RBA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:RBA

RB Global (RBA) Stock Price, News & Analysis

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C$99.84

-0.94 (-0.93%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$99.25
▼
C$101.23
50-Day Range: C$90.03
▼
C$104.70
52-Week Range: C$68.80
▼
C$105.42

Volume: 117,344 shs
Average Volume: 141,670 shs
Market Capitalization: C$18.30 billion

P/E Ratio: 70.81
Dividend Yield: 1.47%
Price Target: C$75.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get RB Global alerts:

RB Global MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 24.2% Downside
C$75.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$1.20 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.74 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
RB Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
RB Global has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RBA.

0.8

Dividend Strength

Dividend Yield
RB Global pays a meaningful dividend of 1.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
RB Global does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of RB Global is 104.26%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBA.

2.0

News and Social Media Coverage

News Sentiment
RB Global has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Industrials companies.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RB Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,202,534.00 in company stock.
Percentage Held by Insiders
Only 0.30% of the stock of RB Global is held by insiders.
Percentage Held by Institutions
95.06% of the stock of RB Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of RB Global is 70.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of RB Global is 70.81, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 400.61.
Price to Earnings Growth Ratio
RB Global has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
RB Global has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About RB Global Stock (TSE:RBA)

RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.

RBA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RBA Stock News Headlines

April 18, 2024 | theglobeandmail.com

Bullish on RB Global Inc.

April 11, 2024 | americanbankingnews.com

RB Global (TSE:RBA) Share Price Crosses Above 200-Day Moving Average of $91.11

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April 5, 2024 | finance.yahoo.com

RB Global, Inc.'s (NYSE:RBA) Intrinsic Value Is Potentially 70% Above Its Share Price

March 29, 2024 | theglobeandmail.com

Closing Bell: Rb Global Inc down on Thursday (RBA)

March 14, 2024 | finance.yahoo.com

IAA Announces New Market Alliance in Lithuania

March 13, 2024 | wsj.com

RBA Unlikely to Rattle Australian Bond Markets Next Week

March 9, 2024 | finance.yahoo.com

RBA Sep 2024 72.500 put

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March 2, 2024 | benzinga.com

Chief Legal Officer At RB Global Exercises Options Worth $57K

February 25, 2024 | finance.yahoo.com

RB Global Full Year 2023 Earnings: EPS Misses Expectations

February 24, 2024 | benzinga.com

RB Global Stock (NYSE:RBA) Dividends: History, Yield and Dates

February 24, 2024 | finance.yahoo.com

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Q4 2023 Earnings Call Transcript

February 23, 2024 | theglobeandmail.com

Stock Indexes Climb to Record Highs on a Tech Fueled Rally

February 23, 2024 | finance.yahoo.com

RB Global Inc (RBA) Reports Strong Earnings Growth and Leverage Reduction in Q4 and Full Year 2023

February 22, 2024 | benzinga.com

Earnings Preview: Ritchie Bros Auctioneers

February 1, 2024 | tmcnet.com

ShipBob Adds First Independent Board Member, Former CEO of Grubhub, Adam DeWitt

January 26, 2024 | finance.yahoo.com

RB Global (NYSE:RBA) Has Affirmed Its Dividend Of $0.27

January 22, 2024 | finance.yahoo.com

RB Global, Inc. Declares Quarterly Dividend

December 25, 2023 | finance.yahoo.com

Why RB Global, Inc. (NYSE:RBA) Could Be Worth Watching

November 14, 2023 | finance.yahoo.com

IAA Announces New Market Alliance in Georgia

November 13, 2023 | finance.yahoo.com

RB Global (NYSE:RBA) Has Announced A Dividend Of $0.27

November 5, 2023 | morningstar.com

RB Global Inc RBA

November 4, 2023 | theglobeandmail.com

Closing Bell: Rb Global Inc up on Friday (RBA)

November 2, 2023 | wsj.com

RB Global Inc.

October 31, 2023 | theglobeandmail.com

Closing Bell: Rb Global Inc up on Tuesday (RBA)

October 29, 2023 | msn.com

RB Global: A Peek Into Post-Merger Future

See More Headlines

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Company Calendar

Dividend Payable: 2/09/2024
Last Earnings: 2/23/2024
Ex-Dividend for 2/9 Dividend: 3/01/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Specialty Business Services
Sub-Industry: N/A
Current Symbol: TSE:RBA
CUSIP: N/A
CIK: N/A
Web: www.rbauction.com
Phone: +1-778-3315500
Fax: N/A
Employees: 7,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$75.67
High Stock Price Target: C$78.00
Low Stock Price Target: C$73.00
Potential Upside/Downside: -24.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.41
Trailing P/E Ratio: 70.81
Forward P/E Ratio: 22.46
P/E Growth: 2.43
Net Income: C$174.90 million
Net Margins: 5.61%
Pretax Margin: N/A
Return on Equity: 6.06%
Return on Assets: 5.73%

Debt

Debt-to-Equity Ratio: 86.55
Current Ratio: 1.35
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: C$3.68 billion
Price / Sales: 4.97
Cash Flow: C$5.09 per share
Price / Cash Flow: 19.62
Book Value: C$27.44 per share
Price / Book: 3.64

Miscellaneous

Outstanding Shares: 183,280,000
Free Float: N/A
Market Cap: C$18.30 billion
Optionable: Not Optionable
Beta: 0.87

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Key Executives

Mr. James F. Kessler (Age 51)
CEO & Director
Comp: $3.76M
Mr. Baron Concors (Age 54)
Chief Product & Technology Officer
Comp: $1.9M
Mr. Darren J. Watt (Age 52)
Chief Legal Officer
Comp: $1.28M
Mr. James J. Jeter (Age 65)
Chief Revenue Officer
Comp: $2.54M
Ms. Megan Cash
SVP of Corporate Finance
Mr. David E. Ritchie
Founder and Chairman Emeritus
Mr. Eric J. Guerin (Age 52)
Chief Financial Officer
Mr. Sameer Rathod
Vice President of Investor Relations & Market Intelligence
Ian Malinski
Media Relations Manager
Mr. Drew Fesler (Age 52)
Chief People Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy RB Global Stock? RBA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in RB Global, Inc.:

RB Global, Inc. has been expanding its omnichannel marketplace, providing insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide.
The company's marketplace brands, including Ritchie Bros. and IAA, offer online bidding and digital marketplace solutions, enhancing accessibility and convenience for customers.
RB Global, Inc. has a strong focus on technology platforms like SmartEquip and Veritread, supporting customers in managing equipment lifecycles and heavy haul transport solutions efficiently.
Recent developments indicate positive growth prospects for RB Global, Inc., with potential for increased market share and revenue generation.
RB Global, Inc.'s current stock price is showing resilience and stability, reflecting investor confidence in the company's future performance.

Cons

Investors should be bearish about investing in RB Global, Inc. for these reasons:

Market volatility and economic uncertainties could impact RB Global, Inc.'s operations and financial performance, leading to potential risks for investors.
Competitive pressures in the omnichannel marketplace sector may pose challenges for RB Global, Inc. in maintaining its market position and profitability.
Fluctuations in commodity prices and global trade dynamics could affect the demand for commercial assets and vehicles, impacting RB Global, Inc.'s revenue streams.
Regulatory changes or compliance issues in different regions where RB Global, Inc. operates could introduce additional complexities and costs for the company.
Investors need to carefully monitor industry trends and company developments to make informed decisions about investing in RB Global, Inc., considering both opportunities and risks.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these RB Global pros and cons to contact@marketbeat.com.

RBA Stock Analysis - Frequently Asked Questions

Should I buy or sell RB Global stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RB Global in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBA shares.
View RBA analyst ratings or view top-rated stocks.
What is RB Global's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month price objectives for RB Global's shares. Their RBA share price targets range from C$73.00 to C$78.00. On average, they anticipate the company's stock price to reach C$75.67 in the next year. This suggests that the stock has a possible downside of 24.2%.
View analysts price targets for RBA or view top-rated stocks among Wall Street analysts.
How have RBA shares performed in 2024?: RB Global's stock was trading at C$88.67 at the beginning of 2024. Since then, RBA shares have increased by 12.6% and is now trading at C$99.84.
View the best growth stocks for 2024 here.
When is RB Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our RBA earnings forecast.
How were RB Global's earnings last quarter?: RB Global, Inc. (TSE:RBA) announced its quarterly earnings results on Friday, February, 23rd. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The business earned $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. RB Global had a trailing twelve-month return on equity of 6.06% and a net margin of 5.61%.

How often does RB Global pay dividends? What is the dividend yield for RB Global?: RB Global declared a 1 dividend on Thursday, February 8th. Shareholders of record on Friday, January 1st will be given a dividend of 1.431 per share on Friday, February 9th. The ex-dividend date of this dividend is Friday, March 1st.
Read our dividend analysis for RBA.
Is RB Global a good dividend stock?: RB Global (TSE:RBA) pays an annual dividend of C$1.47 per share and currently has a dividend yield of 1.44%. The dividend payout ratio is 104.26%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RBA.
What other stocks do shareholders of RB Global own?: Based on aggregate information from My MarketBeat watchlists, some companies that other RB Global investors own include Toronto-Dominion Bank (TD), Aurora Cannabis (ACB), BlackBerry (BB), CAE (CAE), Canadian National Railway (CNR), Hydro One (H), Hudbay Minerals (HBM), IAMGOLD (IMG), Kirkland Lake Gold (KL) and Starbucks (SBUX).
How do I buy shares of RB Global?: Shares of RBA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RBA) was last updated on 4/18/2024 by MarketBeat.com Staff

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RB Global (RBA) Stock Price, News & Analysis

RB Global MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Company Ownership

Earnings and Valuation

About RB Global Stock (TSE:RBA)

RBA Stock Price History

RBA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy RB Global Stock? RBA Pros and Cons Explained

Pros

Cons

RBA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™