Ritchie Bros. Auctioneers Inc. (RBA)
| Market Cap | 6.76B |
| Revenue (ttm) | 1.48B |
| Net Income (ttm) | 301.77M |
| Shares Out | 110.74M |
| EPS (ttm) | 1.36 |
| PE Ratio | 44.86 |
| Forward PE | 29.94 |
| Dividend | $1.00 (1.64%) |
| Ex-Dividend Date | May 26, 2022 |
| Volume | 77,961 |
| Open | 60.88 |
| Previous Close | 61.66 |
| Day's Range | 60.77 - 61.38 |
| 52-Week Range | 48.65 - 76.18 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 44.45 (-27.1%) |
| Earnings Date | May 9, 2022 |
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...
Financial Performance
In 2021, RBA's revenue was $1.42 billion, an increase of 2.88% compared to the previous year's $1.38 billion. Earnings were $151.87 million, a decrease of -10.72%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for RBA stock is "Buy." The 12-month stock price forecast is 44.45, which is a decrease of -27.15% from the latest price.
News
Ritchie Bros. digs into farm equipment trends with May 2022 Market Trends Report
While pricing remains up year over year, U.S. & Canada indexes show decreasing inflation rates VANCOUVER, BC , May 17, 2022 /PRNewswire/ - With its May Market Trends Report, Ritchie Bros. digs through f...
Ritchie Bros. sells CA$102+ million of equipment in largest-ever auctions in Ontario & Manitoba
More than 6,400+ items were sold between the Toronto and Winnipeg auctions last week VANCOUVER, BC , May 16, 2022 /PRNewswire/ - Last week, Ritchie Bros. conducted its largest-ever auctions in Ontario a...
Ritchie Bros. brings big returns for agricultural equipment, farmland, and real estate this spring
45 farm auctions in March & April attracted 101,000+ bidders from around the world SASKATOON, SK , May 10, 2022 /PRNewswire/ - Each spring, Ritchie Bros. helps dozens of farmers from Western Canada reti...
Ritchie Bros. (RBA) Q1 Earnings and Revenues Surpass Estimates
Ritchie Bros. (RBA) delivered earnings and revenue surprises of 43.75% and 13.04%, respectively, for the quarter ended March 2022.
Ritchie Bros. reports first quarter 2022 results
VANCOUVER, BC , May 9, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (TSX: RBA) (NYSE: RBA), the "Company", "Ritchie Bros.
Ritchie Bros. sells CA$204+ million of equipment in massive six-day Edmonton, AB auction
23,800+ bidders from 55 countries registered for Canada's largest equipment auction of the year EDMONTON, AB , May 9, 2022 /PRNewswire/ - Last week Ritchie Bros. conducted its largest Canadian equipment...
Ritchie Bros. Announces Discontinuation of Euro Auctions Acquisition
VANCOUVER, BC , April 29, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE: RBA) and (TSX: RBA) ("Ritchie Bros.
Ritchie Bros. Auctioneers reports on voting results from the 2022 annual and special meeting of shareholders
VANCOUVER, BC , April 28, 2022 /PRNewswire/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company") (NYSE: RBA) (TSX: RBA) was held on ...
Ritchie Bros. prepped to sell 11,000+ items in Canada's largest equipment auction of the year
The six-day Edmonton auction on May 2 – 7 features equipment & trucks from 1,400+ consignors EDMONTON, AB , April 25, 2022 /PRNewswire/ - Next week, Ritchie Bros. will sell more than 11,000 items for 1,...
Truck tractor prices up 58% YOY in the U.S. according to Ritchie Bros. April Market Trends Report
Vocational trucks, medium earthmoving, and aerial equipment also bringing big returns in 2022 VANCOUVER, BC , April 21, 2022 /PRNewswire/ - With its April Market Trends Report, Ritchie Bros. continues t...
�Ritchie Bros Financial Services surpasses US$1 billion in open credit approvals
Buyer demand is at an all-time high, with equipment & truck finance applications up 18% YOY VANCOUVER, BC , April 20, 2022 /PRNewswire/ - Equipment and truck pricing has hit record highs in 2022, showca...
Ritchie Bros. sells 4,400+ items for US$57+ million in Houston, TX
April 12 – 14 unreserved online auction attracts 10,750+ bidders from 55 countries HOUSTON, TX , April 18, 2022 /PRNewswire/ - With tight equipment supply in the market, Ritchie Bros. continues to deliv...
Media Advisory - Ritchie Bros. To Host First Quarter 2022 Results Earnings Conference Call on May 10, 2022
VANCOUVER, BC, April 13, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) invites interested parties to participate in its First quarter 2022 earnings conference call, occurring on Tuesday, ...
BNP Paribas Leasing Solutions partners with Ritchie Bros. Asset Solutions to optimize its international asset valuati...
BREDA, The Netherlands , April 13, 2022 /PRNewswire/ - BNP Paribas Leasing Solutions, a European leader in equipment financing that managed more than €35.7 billion worth of assets in 2021, has selected ...
Ritchie Bros. continues online success with its largest-ever U.S. Timed Auction event in Sacramento, CA
2,800+ equipment items and trucks sold via its automated online bidding system for US$29+ million SACRAMENTO, Calif, April 6, 2022 /PRNewswire/ - More people are shopping online than ever before—it's th...
Ritchie Bros. sells CA$48+ million of equipment in its largest-ever Montreal, QC auction
The Company also sold US$42+ million of equipment in a U.S. Northeast Regional auction last week MONTREAL , March 28, 2022 /PRNewswire/ - Ritchie Bros. conducted its largest Montreal auction ever last w...
Record pricing continues in Texas with Ritchie Bros.' US$79+ million Fort Worth auction
March 15 – 17 online auction attracted 14,700+ bidders to compete for 4,600+ items FORT WORTH, Texas, March 21, 2022 /PRNewswire/ - Ritchie Bros.' record pricing continued in Texas last week, with the c...
Ritchie Bros. March Market Trends Report digs deep into Orlando, FL results
Monthly price indexes also updated, with truck tractor pricing up 63% in the U.S. for the three months ending Feb. 28, while vocational trucks and med. earthmoving prices up 45% and 42% ORLANDO, Fla.
Ritchie Bros. kicks off March with big auctions in Edmonton and the U.S. Rocky Mountain region
The two online auctions attracted 26,250+ bidder registrations & US$95M+ in combined GTV VANCOUVER, BC, March 7, 2022 /PRNewswire/ - A week after selling 11,000+ items in Orlando, FL, Ritchie Bros. was ...
UK Competition and Markets Authority to Refer Ritchie Bros.' Proposed Acquisition of Euro Auctions for Phase 2 Review
VANCOUVER, BC, March 4, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE: RBA) and (TSX: RBA) ("Ritchie Bros.
Insiders Buy Around $2.8M Of 3 Stocks
Although US stocks traded higher this morning, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stoc...
Ritchie Bros. sells $213 million of equipment in sweeping six-day Orlando auction
Record-breaking +26,200 bidders participate in premier global auction event on Feb 21 – 26 ORLANDO, Fla., Feb. 28, 2022 /PRNewswire/ - Amid a tight supply environment, Ritchie Bros.
Strong sales at Phoenix and Houston continue big February for Ritchie Bros.
US$114+ million of equipment and trucks sold between Phoenix and Houston February auctions VANCOUVER, BC , Feb. 22, 2022 /PRNewswire/ - Last week Ritchie Bros. continued its auction season kick off in a...
Ritchie Bros. issues Market Trends Year-in-Review Report for Transportation Sector
Truck tractor prices in the US are up +65% year-over-year, while vocational truck prices are up +44% VANCOUVER, BC , Feb. 18, 2022 /PRNewswire/ - Soaring demand for truck tractors and other transportati...
Ritchie Bros. (RBA) Misses Q4 Earnings and Revenue Estimates
Ritchie Bros. (RBA) delivered earnings and revenue surprises of -13.79% and 8.30%, respectively, for the quarter ended December 2021.