Closing Strong: RB Global Inc (RBA) Ends at 83.90, Down -0.55 from Last Close

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $84.36 in the prior trading day, RB Global Inc (NYSE: RBA) closed at $83.90, down -0.55%. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.86 million shares were traded. RBA stock price reached its highest trading level at $84.805 during the session, while it also had its lowest trading level at $83.22.

Ratios:

Our goal is to gain a better understanding of RBA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.90.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on September 05, 2024, initiated with a Outperform rating and assigned the stock a target price of $105.

Raymond James Upgraded its Mkt Perform to Outperform on July 20, 2023, whereas the target price for the stock was revised from $60 to $75.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when KESSLER JAMES FRANCIS sold 17,883 shares for $84.83 per share. The transaction valued at 1,517,015 led to the insider holds 86,247 shares of the business.

KESSLER JAMES FRANCIS bought 17,883 shares of RBA for $1,517,015 on Sep 16 ’24. On Sep 09 ’24, another insider, KESSLER JAMES FRANCIS, who serves as the Chief Executive Officer of the company, sold 17,883 shares for $83.09 each. As a result, the insider received 1,485,898 and left with 86,247 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RBA now has a Market Capitalization of 15485758464 and an Enterprise Value of 19872610304. As of this moment, RB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.26, and their Forward P/E ratio for the next fiscal year is 23.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 4.707 whereas that against EBITDA is 16.58.

Stock Price History:

Over the past 52 weeks, RBA has reached a high of $87.45, while it has fallen to a 52-week low of $58.85. The 50-Day Moving Average of the stock is 3.19%, while the 200-Day Moving Average is calculated to be 13.45%.

Shares Statistics:

The stock has traded on average 1.33M shares per day over the past 3-months and 586160 shares per day over the last 10 days, according to various share statistics. A total of 184.25M shares are outstanding, with a floating share count of 183.95M. Insiders hold about 0.17% of the company’s shares, while institutions hold 97.87% stake in the company. Shares short for RBA as of 1724976000 were 5078915 with a Short Ratio of 3.82, compared to 1722384000 on 6399706. Therefore, it implies a Short% of Shares Outstanding of 5078915 and a Short% of Float of 3.1600002000000003.

Dividends & Splits

In the trailing 12 months, RBA’s forward annual dividend rate was 1.1, compared to 1.10 this year. Against a Trailing Annual Dividend Yield of 0.013039355The stock’s 5-year Average Dividend Yield is 1.62.

Most Popular