RB Global
About: RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment; since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.
Employees: 8,690
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 38
52% more call options, than puts
Call options by funds: $74.3M | Put options by funds: $48.8M
33% more funds holding in top 10
Funds holding in top 10: 15 [Q3] → 20 (+5) [Q4]
15% more capital invested
Capital invested by funds: $13.4B [Q3] → $15.5B (+$2.07B) [Q4]
7% more funds holding
Funds holding: 443 [Q3] → 473 (+30) [Q4]
2.83% more ownership
Funds ownership: 90.06% [Q3] → 92.89% (+2.83%) [Q4]
5% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 154
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$108
9%
upside
Avg. target
$114
16%
upside
High target
$120
21%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
BMO Capital John Gibson 33% 1-year accuracy 2 / 6 met price target | 21%upside $120 | Outperform Maintained | 19 Feb 2025 |
Raymond James Bryan Fast 50% 1-year accuracy 1 / 2 met price target | 19%upside $118 | Outperform Maintained | 19 Feb 2025 |
RBC Capital Sabahat Khan 47% 1-year accuracy 8 / 17 met price target | 17%upside $116 | Outperform Maintained | 19 Feb 2025 |
Baird Craig Kennison 22% 1-year accuracy 6 / 27 met price target | 11%upside $110 | Outperform Maintained | 19 Feb 2025 |
CIBC | 9%upside $108 | Outperformer Maintained | 3 Feb 2025 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
RB Global to Report First Quarter 2025 Financial Results and Host Conference Call on May 7, 2025
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release first-quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. RB Global will host a conference call to discuss its results at 4:30 p.m. Eastern time the same day. Analysts and institutional investors may pre-register to participate in the conference call using the following link: https://registrations.events/direct/Q4I602500. Registered participants will rece.
Neutral
Business Wire
3 weeks ago
IAA Announces New Market Alliance in the United Arab Emirates
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has launched a new Market Alliance with Nejoum Al Jazeera in the United Arab Emirates (UAE). This agreement will expand IAA's customer base and increase the visibility of its available vehicles worldwide. “We are excited to expand IAA's global footprint with the announcement of a n.
Neutral
Zacks Investment Research
1 month ago
PAGS or RBA: Which Is the Better Value Stock Right Now?
Investors interested in Financial Transaction Services stocks are likely familiar with PagSeguro Digital Ltd. (PAGS) and RB Global (RBA).
Neutral
Business Wire
1 month ago
RB Global to Expand Presence with Acquisition of J.M. Wood Auction Co.
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) (“RB Global” or the “Company”), the trusted global partner for insights, services and transaction solutions, today announced that it has entered into a definitive agreement under which RB Global will acquire J.M. Wood Auction Co., Inc. (“J.M. Wood”). We currently expect the acquisition to be completed in the second quarter of 2025, subject to customary closing conditions, including required regulatory clearances. “Our sh.
Neutral
Business Wire
1 month ago
Ritchie Bros. Sells US $250+ Million of Heavy Equipment Assets and Vehicles in its 2025 Premier Global Auction Event in Orlando, FL
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros. Auctioneers sold 16,000+ equipment items, trucks and vehicles at its Feb. 17-21 premier global auction event in Orlando, FL, generating US$250+ million in gross transaction value (GTV). The premier global auction event attracted 19,000+ people from 75+ countries, with app.
Neutral
Seeking Alpha
2 months ago
RB Global, Inc. (RBA) Q4 2024 Earnings Call Transcript
RB Global, Inc. (NYSE:RBA ) Q4 2024 Earnings Conference Call February 18, 2025 4:30 PM ET Company Participants Sameer Rathod - Vice President, Investor Relations & Market Intelligence Jim Kessler - Chief Executive Officer Eric Guerin - Chief Financial Officer Conference Call Participants Steven Hansen - Raymond James Michael Feniger - Bank of America Craig Kennison - Baird Gary Prestopino - Barrington Research Maxim Sytchev - NBF Operator Hello and welcome to the RB Global Fourth Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
Positive
Zacks Investment Research
2 months ago
RB Global (RBA) Beats Q4 Earnings and Revenue Estimates
RB Global (RBA) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.82 per share a year ago.
Neutral
Business Wire
2 months ago
RB Global reports fourth quarter and full year 2024 results
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, “their”, or “our”) reported the following results for the three months and year ended December 31, 2024. “I am proud of everything the RB Global team accomplished in 2024,” said Jim Kessler, CEO of RB Global. “We made significant progress on our strategic priorities, and we have a firm foundation by which we expect continued long-term growth and value creation.” Commenting on the re.
Neutral
Business Wire
2 months ago
Ritchie Bros.' February Premier Global Auction Event in Orlando to Feature 16,000+ Heavy Equipment Assets and Vehicles
ORLANDO, Fla. & WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros. Auctioneers' Feb. 17-21 premier global auction event in Orlando will feature 16,000+ items listed online, with inventory continuing to be added daily. Bidders can browse listings online with high-resolution photos and videos, or attend preview days onsite.
Neutral
Newsfile Corp
2 months ago
Sylogist Ltd. Announces Board of Directors Changes
Calgary, Alberta--(Newsfile Corp. - February 12, 2025) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that Mr.
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