RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of C$0.99 per share for the quarter.
RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) last issued its quarterly earnings data on Friday, February 23rd. The company reported C$0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.56. RB Global had a return on equity of 6.06% and a net margin of 5.61%. The business had revenue of C$1.42 billion during the quarter, compared to analyst estimates of C$1.41 billion.
RB Global Price Performance
Shares of RBA opened at C$96.75 on Tuesday. The company has a debt-to-equity ratio of 86.55, a quick ratio of 1.00 and a current ratio of 1.35. The stock has a 50 day simple moving average of C$101.63 and a 200 day simple moving average of C$92.71. RB Global has a 52-week low of C$68.80 and a 52-week high of C$105.42. The firm has a market capitalization of C$17.73 billion, a PE ratio of 68.13, a P/E/G ratio of 2.43 and a beta of 0.87.
RB Global Cuts Dividend
Analysts Set New Price Targets
Separately, Scotiabank upped their price target on RB Global from C$74.00 to C$76.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 6th.
View Our Latest Analysis on RBA
Insider Activity
In other news, Senior Officer Baron Concors sold 15,658 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of C$76.80, for a total value of C$1,202,534.40. Following the completion of the sale, the insider now owns -205 shares of the company’s stock, valued at approximately C($15,744). 0.30% of the stock is currently owned by insiders.
About RB Global
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.
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