Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) open the trading on May 25, 2023, with a bit cautious approach as it glided -3.22% to $54.46. During the day, the stock rose to $56.24 and sunk to $54.395 before settling in for the price of $56.27 at the close. Taking a more long-term approach, RBA posted a 52-week range of $47.72-$71.24.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 12.30%. Meanwhile, its Annual Earning per share during the time was 32.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 109.60%. This publicly-traded company’s shares outstanding now amounts to $120.49 million, simultaneously with a float of $110.78 million. The organization now has a market capitalization sitting at $9.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $56.05, while the 200-day Moving Average is $59.92.
While finding the extent of efficiency of the company that is accounted for 2800 employees. It has generated 537,420 per worker during the last fiscal year. Meanwhile, its income per employee was 99,083. The stock had 9.77 Receivables turnover and 0.54 Total Asset turnover. For the Profitability, stocks gross margin was +49.60, operating margin was +18.46 and Pretax Margin of +23.42.
Ritchie Bros. Auctioneers Incorporated (RBA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Business Services industry. Ritchie Bros. Auctioneers Incorporated’s current insider ownership accounts for 14.30%, in contrast to 84.90% institutional ownership. According to the most recent insider trade that took place on May 18, this organization’s CEO bought 18,522 shares at the rate of 54.06, making the entire transaction reach 1,001,299 in total value, affecting insider ownership by 116,607. Preceding that transaction, on May 18, Company’s Director bought 1,471 for 54.15, making the whole transaction’s value amount to 79,655. This particular insider is now the holder of 1,471 in total.
Ritchie Bros. Auctioneers Incorporated (RBA) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2023 suggests? It has posted $0.57 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.49) by $0.08. This company achieved a net margin of +18.44 while generating a return on equity of 26.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
Ritchie Bros. Auctioneers Incorporated’s EPS increase for this current 12-month fiscal period is 109.60% and is forecasted to reach 2.83 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.00% through the next 5 years, which can be compared against the 32.70% growth it accomplished over the previous five years trading on the market.
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) Trading Performance Indicators
Let’s observe the current performance indicators for Ritchie Bros. Auctioneers Incorporated (RBA). It’s Quick Ratio in the last reported quarter now stands at 1.20. The Stock has managed to achieve an average true range (ATR) of 1.57. Alongside those numbers, its PE Ratio stands at $55.51, and its Beta score is 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.18.
In the same vein, RBA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.98, a figure that is expected to reach 0.66 in the next quarter, and analysts are predicting that it will be 2.83 at the market close of one year from today.
Technical Analysis of Ritchie Bros. Auctioneers Incorporated (RBA)
[Ritchie Bros. Auctioneers Incorporated, RBA] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 69.10% While, its Average True Range was 1.65.
Raw Stochastic average of Ritchie Bros. Auctioneers Incorporated (RBA) in the period of the previous 100 days is set at 24.82%, which indicates a major fall in contrast to 46.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.72% that was higher than 25.99% volatility it exhibited in the past 100-days period.