RB Global (TSE:RBA) Trading 6.8% Higher

RB Global, Inc. (TSE:RBA) (NYSE:RBA)’s stock price traded up 6.8% during mid-day trading on Monday . The company traded as high as C$109.08 and last traded at C$106.80. 124,332 shares changed hands during trading, a decline of 14% from the average session volume of 144,152 shares. The stock had previously closed at C$100.00.

RB Global Trading Up 0.5 %

The business has a fifty day moving average of C$101.27 and a 200-day moving average of C$95.48. The stock has a market capitalization of C$20.12 billion, a price-to-earnings ratio of 43.62, a price-to-earnings-growth ratio of 2.43 and a beta of 0.88. The company has a debt-to-equity ratio of 82.17, a current ratio of 1.29 and a quick ratio of 1.00.

RB Global (TSE:RBA) (NYSE:RBA) last released its earnings results on Thursday, May 9th. The company reported C$0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.51 by C$0.21. The firm had revenue of C$1.44 billion for the quarter, compared to analyst estimates of C$1.37 billion. RB Global had a return on equity of 6.26% and a net margin of 8.08%. On average, equities analysts anticipate that RB Global, Inc. will post 4.5137047 earnings per share for the current fiscal year.

RB Global Increases Dividend

The business also recently declared a 1 dividend, which was paid on Wednesday, May 29th. Investors of record on Friday, January 1st were given a $1.488 dividend. This is a positive change from RB Global’s previous 1 dividend of $1.43. The ex-dividend date of this dividend was Thursday, June 20th. RB Global’s dividend payout ratio (DPR) is 58.96%.

Insider Activity at RB Global

In other RB Global news, Senior Officer James Jeffrey Jeter sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of C$76.14, for a total transaction of C$380,700.00. In related news, Senior Officer Baron Concors acquired 13,230 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of C$75.05 per share, with a total value of C$992,911.50. Also, Senior Officer James Jeffrey Jeter sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of C$76.14, for a total value of C$380,700.00. 0.30% of the stock is currently owned by corporate insiders.

RB Global Company Profile

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.