RB Global, Inc. (TSE:RBA – Get Free Report) (NYSE:RBA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$106.48 and traded as high as C$110.89. RB Global shares last traded at C$110.20, with a volume of 124,663 shares.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets raised RB Global to a “strong-buy” rating in a report on Thursday, September 5th.
View Our Latest Stock Analysis on RBA
RB Global Trading Up 0.8 %
RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) last released its earnings results on Tuesday, August 6th. The company reported C$0.74 EPS for the quarter, missing analysts’ consensus estimates of C$0.82 by C($0.08). RB Global had a net margin of 8.68% and a return on equity of 6.61%. The business had revenue of C$1.50 billion during the quarter, compared to analyst estimates of C$1.54 billion. On average, research analysts expect that RB Global, Inc. will post 5.0577819 EPS for the current year.
RB Global Increases Dividend
The firm also recently announced a 1 dividend, which was paid on Wednesday, August 28th. Shareholders of record on Friday, January 1st were issued a $1.602 dividend. The ex-dividend date of this dividend was Wednesday, September 18th. This is an increase from RB Global’s previous 1 dividend of $1.49. RB Global’s dividend payout ratio (DPR) is 64.23%.
Insider Buying and Selling at RB Global
In other RB Global news, Senior Officer James Jeffrey Jeter sold 3,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of C$85.55, for a total value of C$256,650.00. 0.29% of the stock is 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.
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