Ritchie Bros. Auctioneers Incorporated (RBA)

Market Cap	10.21B
Revenue (ttm)	1.73B
Net Income (ttm)	319.66M
Shares Out	181.44M
EPS (ttm)	2.86
PE Ratio	19.68
Forward PE	22.83
Dividend	$2.14 (3.80%)
Ex-Dividend Date	Mar 21, 2023

Volume	2,029,710
Open	55.46
Previous Close	55.37
Day's Range	55.38 - 56.31
52-Week Range	48.72 - 72.73
Beta	0.91
Analysts	Buy
Price Target	49.40 (-12.24%)
Earnings Date	May 8, 2023

About RBA

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 u...

• Industry: Specialty Business Services
• Sector: Industrials
• IPO Date: Mar 9, 1998
• Employees: 2,700
• Stock Exchange: NYSE
• Ticker Symbol: RBA

Financial Performance

In 2022, RBA's revenue was $1.73 billion, an increase of 22.36% compared to the previous year's $1.42 billion. Earnings were $319.66 million, an increase of 110.48%.

Analyst Forecast

According to 6 analysts, the average rating for RBA stock is "Buy." The 12-month stock price forecast is $49.4, which is a decrease of -12.24% from the latest price.

Price Target

$49.4

(-12.24% downside)

Analyst Consensus: Buy