National Bank Financial Comments on RB Global Q2 Earnings

RB Global, Inc. (NYSE:RBAFree Report) (TSE:RBA) – Investment analysts at National Bank Financial reduced their Q2 2025 earnings per share estimates for RB Global in a report released on Monday, July 14th. National Bank Financial analyst M. Sytchev now expects that the business services provider will earn $0.94 per share for the quarter, down from their previous estimate of $1.00. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for RB Global’s current full-year earnings is $2.50 per share.

RB Global (NYSE:RBAGet Free Report) (TSE:RBA) last issued its quarterly earnings results on Wednesday, May 7th. The business services provider reported $0.89 EPS for the quarter, meeting analysts’ consensus estimates of $0.89. RB Global had a net margin of 9.68% and a return on equity of 8.03%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the firm posted $0.90 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year.

RBA has been the subject of a number of other reports. Royal Bank Of Canada set a $125.00 price target on shares of RB Global and gave the stock an “outperform” rating in a report on Wednesday, July 2nd. National Bankshares reduced their target price on RB Global from $118.00 to $115.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Wall Street Zen downgraded RB Global from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Robert W. Baird increased their price target on RB Global from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. Finally, Raymond James Financial boosted their price objective on RB Global from $118.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, RB Global has an average rating of “Moderate Buy” and a consensus target price of $115.79.

Check Out Our Latest Stock Analysis on RB Global

RB Global Stock Up 1.4%

Shares of RB Global stock opened at $109.32 on Wednesday. The stock’s 50-day moving average is $106.14 and its 200 day moving average is $99.35. RB Global has a one year low of $70.38 and a one year high of $111.07. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 53.85, a PEG ratio of 2.46 and a beta of 0.77. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.31 and a quick ratio of 1.21.

RB Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Thursday, May 29th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Thursday, May 29th. RB Global’s dividend payout ratio (DPR) is presently 57.14%.

Insider Transactions at RB Global

In related news, CRO James J. Jeter sold 2,000 shares of RB Global stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $106.96, for a total transaction of $213,920.00. Following the transaction, the executive owned 14,167 shares of the company’s stock, valued at $1,515,302.32. The trade was a 12.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO James Francis Kessler sold 45,658 shares of the firm’s stock in a transaction on Monday, July 14th. The shares were sold at an average price of $110.00, for a total value of $5,022,380.00. Following the transaction, the chief executive officer owned 107,569 shares in the company, valued at approximately $11,832,590. This trade represents a 29.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 72,133 shares of company stock valued at $7,843,729. Corporate insiders own 4.32% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its position in shares of RB Global by 74.5% during the 4th quarter. CoreCap Advisors LLC now owns 274 shares of the business services provider’s stock worth $25,000 after buying an additional 117 shares in the last quarter. SouthState Corp purchased a new stake in shares of RB Global during the first quarter valued at approximately $26,000. MV Capital Management Inc. increased its position in shares of RB Global by 5,560.0% during the first quarter. MV Capital Management Inc. now owns 283 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 278 shares during the last quarter. SVB Wealth LLC bought a new stake in RB Global during the first quarter worth $28,000. Finally, Jones Financial Companies Lllp boosted its position in RB Global by 49.4% in the fourth quarter. Jones Financial Companies Lllp now owns 390 shares of the business services provider’s stock worth $35,000 after purchasing an additional 129 shares during the last quarter. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

About RB Global

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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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