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Industrials - Specialty Business Services - NYSE - CA
$ 92.76
0.433 %
$ 17.1 B
Market Cap
49.87
P/E
1. INTRINSIC VALUE

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors.[ Read More ]

The intrinsic value of one RBA stock under the base case scenario is HIDDEN Compared to the current market price of 92.8 USD, Ritchie Bros. Auctioneers Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RBA

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FINANCIALS
3.75 B REVENUE
116.12%
471 M OPERATING INCOME
43.65%
206 M NET INCOME
-35.58%
681 M OPERATING CASH FLOW
47.01%
-3.11 B INVESTING CASH FLOW
-4019.42%
2.68 B FINANCING CASH FLOW
312.71%
982 M REVENUE
-10.41%
153 M OPERATING INCOME
-25.41%
144 M NET INCOME
30.00%
484 M OPERATING CASH FLOW
44.00%
-30.3 M INVESTING CASH FLOW
44.27%
-262 M FINANCING CASH FLOW
-98.51%
Balance Sheet Decomposition Ritchie Bros. Auctioneers Incorporated
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Current Assets 1.81 B
Cash & Short-Term Investments 576 M
Receivables 738 M
Other Current Assets 500 M
Non-Current Assets 10.2 B
Long-Term Investments 28.7 M
PP&E 2.66 B
Other Non-Current Assets 7.48 B
Current Liabilities 1.34 B
Accounts Payable 641 M
Short-Term Debt 170 M
Other Current Liabilities 531 M
Non-Current Liabilities 5.19 B
Long-Term Debt 4.47 B
Other Non-Current Liabilities 716 M
EFFICIENCY
Earnings Waterfall Ritchie Bros. Auctioneers Incorporated
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Revenue 3.75 B
Cost Of Revenue 2.29 B
Gross Profit 1.45 B
Operating Expenses 755 M
Operating Income 471 M
Other Expenses 265 M
Net Income 206 M
RATIOS
38.76% GROSS MARGIN
38.76%
12.58% OPERATING MARGIN
12.58%
5.51% NET MARGIN
5.51%
3.77% ROE
3.77%
1.72% ROA
1.72%
4.00% ROIC
4.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ritchie Bros. Auctioneers Incorporated
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Net Income 206 M
Depreciation & Amortization 462 M
Capital Expenditures -353 M
Stock-Based Compensation 55.8 M
Change in Working Capital -144 M
Others -94.3 M
Free Cash Flow 328 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ritchie Bros. Auctioneers Incorporated
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Wall Street analysts predict an average 1-year price target for RBA of $102 , with forecasts ranging from a low of $92.5 to a high of $107 .
RBA Lowest Price Target Wall Street Target
92.5 USD -0.28%
RBA Average Price Target Wall Street Target
102 USD 9.42%
RBA Highest Price Target Wall Street Target
107 USD 15.35%
4. DIVIDEND ANALYSIS
0.42% DIVIDEND YIELD
0.29 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ritchie Bros. Auctioneers Incorporated
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Sold
0-3 MONTHS
5.01 M USD 3
3-6 MONTHS
3.6 M USD 4
6-9 MONTHS
5.82 M USD 3
9-12 MONTHS
19.7 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
75.1 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 23, 2024
Sell 1.51 M USD
KESSLER JAMES FRANCIS
Chief Executive Officer
- 17883
84.19 USD
2 months ago
Sep 16, 2024
Sell 1.52 M USD
KESSLER JAMES FRANCIS
Chief Executive Officer
- 17883
84.83 USD
2 months ago
Sep 09, 2024
Sell 1.49 M USD
KESSLER JAMES FRANCIS
Chief Executive Officer
- 17883
83.09 USD
2 months ago
Aug 23, 2024
Sell 257 K USD
JETER JAMES J
Chief Revenue Officer
- 3000
85.55 USD
2 months ago
Aug 19, 2024
Sell 241 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 2915
82.8 USD
3 months ago
Aug 13, 2024
Sell 231 K USD
JETER JAMES J
Chief Revenue Officer
- 2920
78.96 USD
5 months ago
Jun 18, 2024
Sell 647 K USD
KESSLER JAMES FRANCIS
Chief Executive Officer
- 8000
80.91 USD
5 months ago
Jun 13, 2024
Sell 218 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 2700
80.62 USD
5 months ago
Jun 13, 2024
Sell 75.7 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 937
80.78 USD
5 months ago
May 24, 2024
Sell 381 K USD
JETER JAMES J
Chief Revenue Officer
- 5000
76.14 USD
5 months ago
May 21, 2024
Sell 993 K USD
CONCORS BARON
Chief Product & Tech. Officer
- 13230
75.05 USD
5 months ago
May 21, 2024
Sell 1.06 M USD
JETER JAMES J
Chief Revenue Officer
- 14000
75.43 USD
8 months ago
Mar 01, 2024
Sell 177 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 2300
76.97 USD
8 months ago
Feb 29, 2024
Sell 871 K USD
JETER JAMES J
Chief Revenue Officer
- 11416
76.32 USD
8 months ago
Feb 28, 2024
Sell 3.29 M USD
CONCORS BARON
Chief Product & Tech. Officer
- 42919
76.64 USD
8 months ago
Feb 27, 2024
Sell 1.2 M USD
CONCORS BARON
Chief Product & Tech. Officer
- 15658
76.8 USD
8 months ago
Feb 27, 2024
Sell 93.7 K USD
CONCORS BARON
Chief Product & Tech. Officer
- 1220
76.8 USD
8 months ago
Feb 28, 2024
Sell 84.8 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 1100
77.05 USD
8 months ago
Feb 27, 2024
Sell 96.5 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 1249
77.24 USD
11 months ago
Dec 04, 2023
Sell 29.9 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 453
65.94 USD
11 months ago
Dec 04, 2023
Sell 42.5 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 644
65.94 USD
11 months ago
Dec 04, 2023
Sell 243 K USD
JETER JAMES J
Chief Revenue Officer
- 3750
64.84 USD
11 months ago
Nov 22, 2023
Sell 5.51 M USD
Fandozzi Ann
Director
- 88525
62.19 USD
11 months ago
Nov 22, 2023
Sell 3.28 M USD
Fandozzi Ann
Director
- 52875
62.09 USD
11 months ago
Nov 22, 2023
Sell 6.04 M USD
Fandozzi Ann
Director
- 96968
62.24 USD
11 months ago
Nov 20, 2023
Sell 3.78 M USD
Fandozzi Ann
Director
- 60976
62.03 USD
11 months ago
Nov 20, 2023
Sell 783 K USD
Fandozzi Ann
Director
- 12610
62.11 USD
1 year ago
Nov 14, 2023
Bought 75.1 K USD
KESSLER JAMES FRANCIS
Chief Executive Officer
+ 1250
60.06 USD
1 year ago
Sep 14, 2023
Bought 98.3 K USD
O'Day Timothy J.
Director
+ 1500
65.52 USD
1 year ago
Sep 13, 2023
Sell 443 K USD
CONCORS BARON
Chief Product & Tech. Officer
- 6800
65.11 USD
1 year ago
Sep 01, 2023
Sell 16.4 K USD
Watt Darren Jeffrey
Chief Legal Officer
- 262
62.41 USD
1 year ago
Aug 31, 2023
Sell 413 K USD
Cash Megan Anne
Principal Fin. & Acctg Officer
- 6688
61.78 USD
1 year ago
Aug 28, 2023
Bought 120 K USD
Olsson Erik
Director
+ 2000
59.89 USD
1 year ago
Aug 17, 2023
Bought 113 K USD
KESSLER JAMES FRANCIS
Chief Executive Officer
+ 2000
56.3 USD
1 year ago
Aug 15, 2023
Bought 18.5 K USD
KESSLER JAMES FRANCIS
Chief Executive Officer
+ 325
56.78 USD
1 year ago
Aug 10, 2023
Bought 58.1 K USD
Sieger Michael D
Director
+ 1000
58.08 USD
1 year ago
Aug 09, 2023
Bought 117 K USD
DeWitt Adam
Director
+ 2000
58.3 USD
1 year ago
Aug 08, 2023
Bought 182 K USD
Stephenson Carol
Director
+ 3100
58.67 USD
1 year ago
Aug 08, 2023
Bought 4.96 K USD
Sieger Michael D
Director
+ 86
57.63 USD
1 year ago
Aug 08, 2023
Bought 40.4 K USD
RAISS SARAH E.
Director
+ 700
57.66 USD
1 year ago
May 18, 2023
Bought 1 M USD
Fandozzi Ann
CEO
+ 18522
54.06 USD
1 year ago
May 18, 2023
Bought 79.7 K USD
Elton Robert George
Director
+ 1471
54.15 USD
1 year ago
May 17, 2023
Bought 28.9 K USD
RAISS SARAH E.
Director
+ 560
51.67 USD
1 year ago
May 16, 2023
Bought 105 K USD
DeWitt Adam
Director
+ 2000
52.4 USD
1 year ago
May 15, 2023
Bought 64.2 K USD
Stephenson Carol
Director
+ 1220
52.62 USD
1 year ago
May 15, 2023
Bought 8 K USD
RAISS SARAH E.
Director
+ 150
53.31 USD
1 year ago
May 15, 2023
Bought 106 K USD
Olsson Erik
Director
+ 2000
52.85 USD
1 year ago
May 15, 2023
Bought 99.9 K USD
Hook Lisa
Director
+ 1860
53.72 USD
2 years ago
May 13, 2022
Sell 216 K USD
Watt Darren Jeffrey
Gen. Counsel & Corp. Secretary
- 3500
61.69 USD
2 years ago
May 13, 2022
Sell 130 K USD
JETER JAMES J
Chief Customer Advoc. Officer
- 2100
61.73 USD
2 years ago
May 12, 2022
Sell 23.3 K USD
Watt Darren Jeffrey
Gen. Counsel & Corp. Secretary
- 400
58.21 USD
2 years ago
May 12, 2022
Sell 87 K USD
ACKLEY MATTHEW
Chief Marketing Officer
- 1500
58 USD
2 years ago
Feb 28, 2022
Bought 499 K USD
Fandozzi Ann
CEO
+ 9560
52.2473 USD
7. News
RB Global, Inc. (RBA) Q3 2024 Earnings Call Transcript RB Global, Inc. (NYSE:RBA ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Eric Guerin - CFO Conference Call Participants Sabahat Khan - RBC Capital Markets Krista Friesen - CIBC Gary Prestopino - Barrington Research Craig Kennison - Baird Michael Feniger - BoA Maxim Sytchev - MDS John Healy - Northcoast John Gibson - BMO Capital Markets Operator Thank you for standing by. My name is Janine, and I will be your conference operator for today. seekingalpha.com - 1 week ago
RB Global (RBA) Surpasses Q3 Earnings Estimates RB Global (RBA) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.72 per share a year ago. zacks.com - 1 week ago
Earnings Preview: RB Global (RBA) Q3 Earnings Expected to Decline RB Global (RBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Ritchie Bros. Announces Dates for February 2025 Orlando, FL Event ORLANDO, Fla. & WESTCHESTER, Ill.--(BUSINESS WIRE)--Ritchie Bros. Auctioneers, an RB Global, Inc. company, will host its premier global auction event in Orlando, FL, from February 17 to 21, 2025. businesswire.com - 2 weeks ago
Earnings And Profits Rising At RB Global After Key Acquisition RB Global's acquisition of IAA and operational efficiencies have boosted adjusted EBITDA and EPS despite lower revenue, setting the stage for future profitable growth. The company has a one-year price target 10.36% above the current price, supported by improved margins. RBA's competitive advantages include a global platform, long-term customer relationships, and investments in data science, though it faces significant competition. seekingalpha.com - 3 weeks ago
RB Global (RBA) Soars 6.4%: Is Further Upside Left in the Stock? RB Global (RBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term. zacks.com - 3 weeks ago
RB Global to Report Third Quarter 2024 Financial Results and Host Conference Call on November 8, 2024 WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release third-quarter financial results before the market opens on Friday, November 8, 2024. RB Global will host a conference call to discuss its results at 8:30 a.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/Q4I505174. Registered participants will receive. businesswire.com - 1 month ago
RB Global Appoints Steve Lewis as Chief Operating Officer 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 the appointment of Steve Lewis as Chief Operating Officer, effective Sept. 3, 2024. Mr. Lewis brings extensive senior leadership experience in operations and supply chain management, as well as a honed approach to driving business growth through operational excellence. “Steve has a proven t. businesswire.com - 2 months ago
14 Upcoming Dividend Increases Including 2 Kings Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with 5-year dividend growth streaks. People's Financial Services Corp offers a significant 50% dividend increase. seekingalpha.com - 2 months ago
RB Global, Inc. (RBA) Q2 2024 Earnings Call Transcript RB Global, Inc. (NYSE:RBA ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Eric Guerin - CFO Conference Call Participants Sabahat Khan - RBC Capital Markets Steve Hansen - Raymond James Krista Friesen - CIBC Craig Kennison - Baird Maxim Sytchev - National Bank Financial Operator Good morning. My name is Angela, and I will be your conference operator today. seekingalpha.com - 3 months ago
RB Global (RBA) Tops Q2 Earnings Estimates RB Global (RBA) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.85 per share a year ago. zacks.com - 3 months ago
RB Global (RBA) Reports Next Week: Wall Street Expects Earnings Growth RB Global (RBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
8. Profile Summary

Ritchie Bros. Auctioneers Incorporated RBA

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COUNTRY CA
INDUSTRY Specialty Business Services
MARKET CAP $ 17.1 B
Dividend Yield 0.42%
Description Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Contact 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6 https://www.ritchiebros.com
IPO Date March 10, 1998
Employees 7900
Officers Mr. James J. Jeter Chief Revenue Officer Ms. Megan Cash SVice President of Corporate Finance Mr. Darren J. Watt Chief Legal Officer Ms. Carmen D. Thiede Chief Transformation Officer Mr. David E. Ritchie Founder and Chairman Emeritus Mr. Eric J. Guerin Chief Financial Officer Mr. Steve Lewis Chief Operating Officer Ms. Nancy King Chief Technology Officer Mr. Sameer Rathod Vice President of Investor Relations & Market Intelligence Mr. James F. Kessler Chief Executive Officer & Director