Currently, there are 184.41M common shares owned by the public and among those 184.11M shares have been available to trade.
The company’s stock has a 5-day price change of -0.11% and 12.71% over the past three months. RBA shares are trading 34.86% year to date (YTD), with the 12-month market performance up to 34.86% higher. It has a 12-month low price of $60.84 and touched a high of $99.79 over the same period. RBA has an average intraday trading volume of 838.67K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.78%, -1.96%, and 10.49% respectively.
Institutional ownership of RB Global Inc (NYSE: RBA) shares accounts for 95.01% of the company’s 184.41M shares outstanding.
It has a market capitalization of $16.64B and a beta (3y monthly) value of 0.96. The stock’s trailing 12-month PE ratio is 49.08, while the earnings-per-share (ttm) stands at $1.84. The company has a PEG of 4.62 and a Quick Ratio of 1.17 with the debt-to-equity ratio at 0.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.67% over the week and 1.58% over the month.
Earnings per share for the fiscal year are expected to increase by 10.53%, and 11.39% over the next financial year. EPS should grow at an annualized rate of 10.62% over the next five years, compared to -1.55% over the past 5-year period.
Looking at the support for the RBA, a number of firms have released research notes about the stock. BMO Capital Markets stated their Outperform rating for the stock in a research note on September 05, 2024, with the firm’s price target at $105. Raymond James was of a view on July 20, 2023 that the stock is Outperform, while National Bank Financial gave the stock Outperform rating on May 18, 2023, issuing a price target of $61. Scotiabank on their part issued Sector Outperform rating on December 05, 2022.
