RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) will announce its earnings results 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 released its earnings results on Friday, February 23rd. The company reported C$0.56 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.56. The firm had revenue of C$1.42 billion during the quarter, compared to the consensus estimate of C$1.41 billion. RB Global had a net margin of 5.61% and a return on equity of 6.06%.
RB Global Trading Down 2.1 %
TSE:RBA opened at C$96.75 on Tuesday. The firm’s 50 day moving average is C$101.63 and its 200 day moving average is C$92.71. RB Global has a 12 month low of C$68.80 and a 12 month high of C$105.42. The stock has a market capitalization of C$17.73 billion, a PE ratio of 68.13, a price-to-earnings-growth ratio of 2.43 and a beta of 0.87. The company has a current ratio of 1.35, a quick ratio of 1.00 and a debt-to-equity ratio of 86.55.
RB Global Cuts Dividend
Insider Buying and Selling
In other news, Senior Officer Baron Concors sold 15,658 shares of RB Global stock in a transaction 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 transaction, the insider now directly owns -205 shares in the company, valued at C($15,744). 0.30% of the stock is owned by insiders.
Analyst Ratings Changes
Separately, Scotiabank lifted their price objective on RB Global from C$74.00 to C$76.00 and gave the stock an “outperform” rating in a report on Tuesday, February 6th.
Read Our Latest Stock Report on RBA
RB Global Company Profile
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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