RB Global Inc [RBA] stock prices are down -0.36% to $98.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RBA shares have gain 4.70% over the last week, with a monthly amount drifted -5.59%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
RB Global Inc [NYSE: RBA] stock has seen the most recent analyst activity on September 05, 2024, when BMO Capital Markets initiated its Outperform rating and assigned the stock a price target of $105. On July 20, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $75 on the stock. National Bank Financial upgraded its rating to a Outperform but stick to its price target of $61 on May 18, 2023. Scotiabank upgraded its rating to a Sector Outperform and raised its price target to $65 on December 05, 2022. Northcoast upgraded its rating to Buy for this stock on November 14, 2022, but kept the price target unchanged to $65. In a note dated November 08, 2022, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $74 to $55.
The stock price of RB Global Inc [RBA] has been fluctuating between $69.83 and $106.90 over the past year. Currently, Wall Street analysts expect the stock to reach $107 within the next 12 months. RB Global Inc [NYSE: RBA] shares were valued at $98.87 at the most recent close of the market. An investor can expect a potential return of 8.22% based on the average RBA price forecast.
Analyzing the RBA fundamentals
The RB Global Inc [NYSE:RBA] reported sales of 4.28B for trailing twelve months, representing a surge of 9.67%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 97.72 points at the first support level, and at 96.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.69, and for the 2nd resistance point, it is at 100.51.
Ratios To Look Out For
It’s worth pointing out that RB Global Inc [NYSE:RBA]’s Current Ratio is 1.29. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 4.27, the price to book ratio is 3.50 and price to earnings (TTM) ratio is 49.17.
Transactions by insiders
Recent insider trading involved JETER JAMES J, Chief Revenue Officer, that happened on Mar 17 ’25 when 7597.0 shares were sold. Chief Executive Officer, KESSLER JAMES FRANCIS completed a deal on Mar 17 ’25 to sell 15700.0 shares. Meanwhile, Officer KESSLER JAMES FRANCIS bought 15700.0 shares on Mar 17 ’25.
