RB GlobalRBA
RBA
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: 7,900
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 36
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]
14% more capital invested
Capital invested by funds: $13.5B [Q3] → $15.4B (+$1.87B) [Q4]
4% more funds holding
Funds holding: 443 [Q3] → 461 (+18) [Q4]
1.62% more ownership
Funds ownership: 90.95% [Q3] → 92.57% (+1.62%) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 152
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$108
5%
upside
Avg. target
$114
12%
upside
High target
$120
17%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
BMO Capital John Gibson 50% 1-year accuracy 3 / 6 met price target | 17%upside $120 | Outperform Maintained | 19 Feb 2025 |
Raymond James Bryan Fast 100% 1-year accuracy 2 / 2 met price target | 15%upside $118 | Outperform Maintained | 19 Feb 2025 |
RBC Capital Sabahat Khan 63% 1-year accuracy 10 / 16 met price target | 13%upside $116 | Outperform Maintained | 19 Feb 2025 |
Baird Craig Kennison 34% 1-year accuracy 10 / 29 met price target | 7%upside $110 | Outperform Maintained | 19 Feb 2025 |
CIBC | 5%upside $108 | Outperformer Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 6 articles about RBA published over the past 30 days
Neutral
Seeking Alpha
3 days 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
3 days 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
3 days 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
1 week 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
1 week 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.
Neutral
Business Wire
2 weeks ago
RB Global, Inc. Announces Changed Record Date for Previously Announced Regular Quarterly Dividend
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE and TSX: RBA) has amended the record date of its recently declared quarterly cash dividend of US$0.29 per common share from February 6, 2025 to February 14, 2025. The payment date for the quarterly dividend will remain March 3, 2025, as previously announced on January 20, 2025. This dividend is considered an eligible dividend for Canadian income tax purposes. About RB Global RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichanne.
Neutral
Business Wire
1 month ago
RB Global, Inc. Declares Quarterly Dividend
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE and TSX: RBA) announces that its Board of Directors has declared a quarterly cash dividend of US$0.29 per common share, payable on March 3, 2025 to shareholders of record on February 6, 2025. This dividend is considered an eligible dividend for Canadian income tax purposes. About RB Global RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions fo.
Neutral
Business Wire
1 month ago
RB Global to Report Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call on February 18, 2025
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release fourth-quarter and full-year 2024 financial results after the market closes on Tuesday, February 18, 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/Q4I8358646. Registered pa.
Positive
Seeking Alpha
1 month ago
RB Global: Getting Cheaper In Its Expanding Auction Business
RB Global's recent acquisitions and partnerships have expanded its global footprint, positioning them well to outpace peers in the future. The company's service revenue grew significantly, driven by higher take rates and marketplace services, while inventory sales revenue declined. Analysts are optimistic about RB Global's EPS growth due to cost reduction initiatives and positive synergies from strategic acquisitions.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for January 7th
PRMB, FMS and RBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 7, 2024.
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