Large-cap Consumer Discretionary company Ritchie Bros. Auctioneers has logged a -0.2% change today on a trading volume of 52,409. The average volume for the stock is 1,184,420.
RB Global, Inc. operates a marketplace that provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Based in Westchester, United States the company has 7,900 full time employees and a market cap of $19,457,613,824. Ritchie Bros. Auctioneers currently offers its equity investors a dividend that yields 1.1% per year.
The company is now trading -7.94% away from its average analyst target price of $113.5 per share. The 10 analysts following the stock have set target prices ranging from $60.0 to $125.0, and on average give Ritchie Bros. Auctioneers a rating of buy.
Over the last 52 weeks, RBA stock has risen 42.0%, which amounts to a 29.6% difference compared to the S&P 500. The stock's 52 week high is $109.25 whereas its 52 week low is $70.27 per share. With its net margins declining an average -2.2% over the last 6 years, Ritchie Bros. Auctioneers may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 4,284,200 | 413,100 | 10 | 66.67 |
| 2023 | 3,679,600 | 206,500 | 6 | -66.67 |
| 2022 | 1,733,800 | 319,700 | 18 | 63.64 |
| 2021 | 1,417,000 | 151,900 | 11 | -8.33 |
| 2020 | 1,377,260 | 170,358 | 12 | 9.09 |
| 2019 | 1,318,641 | 149,140 | 11 |
