RB Global, Inc. (NYSE:RBA – Free Report) (TSE:RBA) – Stock analysts at Raymond James issued their Q1 2025 earnings per share estimates for shares of RB Global in a research note issued on Wednesday, February 19th. Raymond James analyst S. Hansen forecasts that the business services provider will post earnings of $0.50 per share for the quarter. Raymond James has a “Outperform” rating and a $118.00 price objective on the stock. The consensus estimate for RB Global’s current full-year earnings is $2.50 per share. Raymond James also issued estimates for RB Global’s Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.74 EPS and FY2026 earnings at $2.71 EPS.
RB Global (NYSE:RBA – Get Free Report) (TSE:RBA) last announced its earnings results on Tuesday, February 18th. The business services provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.23). The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. RB Global had a return on equity of 8.00% and a net margin of 9.64%. During the same period in the previous year, the firm posted $0.82 earnings per share.
Read Our Latest Research Report on RB Global
RB Global Stock Down 1.0 %
Shares of RBA opened at $103.63 on Friday. The company has a market capitalization of $19.14 billion, a PE ratio of 51.55, a PEG ratio of 4.36 and a beta of 0.96. RB Global has a 12 month low of $65.99 and a 12 month high of $106.90. The stock’s 50-day moving average price is $91.78 and its two-hundred day moving average price is $88.25. The company has a current ratio of 1.29, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50.
RB Global Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Friday, February 14th. RB Global’s payout ratio is 57.71%.
Institutional Trading of RB Global
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning increased its holdings in RB Global by 27.6% during the 3rd quarter. Creative Planning now owns 19,811 shares of the business services provider’s stock worth $1,595,000 after purchasing an additional 4,285 shares in the last quarter. Blue Trust Inc. increased its holdings in RB Global by 11.9% during the 3rd quarter. Blue Trust Inc. now owns 1,478 shares of the business services provider’s stock worth $113,000 after purchasing an additional 157 shares in the last quarter. Signaturefd LLC increased its holdings in RB Global by 21.3% during the 3rd quarter. Signaturefd LLC now owns 3,699 shares of the business services provider’s stock worth $298,000 after purchasing an additional 649 shares in the last quarter. International Assets Investment Management LLC bought a new stake in RB Global during the 3rd quarter worth approximately $1,057,000. Finally, Assenagon Asset Management S.A. increased its holdings in RB Global by 8.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 10,141 shares of the business services provider’s stock worth $817,000 after purchasing an additional 781 shares in the last quarter. 95.37% of the stock is owned by institutional investors.
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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