RB Global (RBA) Expected to Announce Quarterly Earnings on Wednesday

RB Global (NYSE:RBA) (TSE:RBA) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $1.14 billion for the quarter.

RB Global (NYSE:RBA) (TSE:RBA) last issued its earnings results on Wednesday, May 7th. The business services provider reported $0.89 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the company earned $0.90 earnings per share. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, analysts expect RB Global to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

RB Global Stock Performance

Shares of RBA stock opened at $108.30 on Monday. The company has a 50 day moving average price of $106.58 and a 200-day moving average price of $101.03. RB Global has a 52 week low of $70.38 and a 52 week high of $111.71. The firm has a market capitalization of $20.09 billion, a PE ratio of 53.35, a P/E/G ratio of 2.50 and a beta of 0.75. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.50.

RB Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Thursday, May 29th were paid a $0.29 dividend. The ex-dividend date was Thursday, May 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.1%. RB Global’s payout ratio is currently 57.14%.

Insider Transactions at RB Global

In other news, insider Andrew John Fesler sold 9,075 shares of the company’s stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $104.72, for a total value of $950,334.00. Following the transaction, the insider directly owned 5,532 shares in the company, valued at approximately $579,311.04. This represents a 62.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Darren Jeffrey Watt sold 7,400 shares of the stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $110.00, for a total transaction of $814,000.00. Following the transaction, the insider owned 24,874 shares in the company, valued at approximately $2,736,140. The trade was a 22.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 72,133 shares of company stock valued at $7,843,729. Company insiders own 0.28% 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 business. Goldman Sachs Group Inc. boosted its holdings in shares of RB Global by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 338,385 shares of the business services provider’s stock valued at $33,940,000 after buying an additional 88,813 shares in the last quarter. Woodline Partners LP bought a new stake in shares of RB Global in the 1st quarter valued at about $4,103,000. AQR Capital Management LLC boosted its holdings in shares of RB Global by 94.3% in the 1st quarter. AQR Capital Management LLC now owns 10,489 shares of the business services provider’s stock valued at $1,031,000 after buying an additional 5,090 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of RB Global by 857.9% in the 1st quarter. Jones Financial Companies Lllp now owns 3,736 shares of the business services provider’s stock valued at $375,000 after buying an additional 3,346 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of RB Global by 53.1% in the 1st quarter. NewEdge Advisors LLC now owns 588 shares of the business services provider’s stock valued at $59,000 after buying an additional 204 shares in the last quarter. 95.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Raymond James Financial boosted their target price on shares of RB Global from $118.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. National Bank Financial downgraded shares of RB Global from a “strong-buy” rating to a “hold” rating in a report on Sunday, May 25th. Royal Bank Of Canada set a $125.00 price target on shares of RB Global and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Robert W. Baird lifted their price target on shares of RB Global from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Thursday, May 8th. Finally, National Bankshares lowered their price target on shares of RB Global from $118.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $116.21.

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.