Brokers Issue Forecasts for RB Global FY2025 Earnings

RB Global, Inc. (TSE:RBA) (NYSE:RBA) – Equities research analysts at National Bank Financial decreased their FY2025 earnings estimates for RB Global in a research note issued on Monday, July 14th. National Bank Financial analyst M. Sytchev now forecasts that the company will earn $5.01 per share for the year, down from their previous forecast of $5.18. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for RB Global’s current full-year earnings is $5.06 per share. National Bank Financial also issued estimates for RB Global’s FY2026 earnings at $5.25 EPS.

RB Global Price Performance

Shares of RBA opened at C$149.61 on Wednesday. The firm has a market capitalization of C$19.33 billion, a PE ratio of 65.73, a PEG ratio of 2.43 and a beta of 0.93. The company’s 50-day moving average is C$145.84 and its 200-day moving average is C$139.57. RB Global has a fifty-two week low of C$99.09 and a fifty-two week high of C$152.48. The company has a debt-to-equity ratio of 74.28, a current ratio of 1.28 and a quick ratio of 1.00.

About RB Global

Ritchie Bros. operates the world’s leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet.