On Tuesday, RB Global Inc (NYSE: RBA) was -0.51% drop from the session before settling in for the closing price of $79.80. A 52-week range for RBA has been $55.54 – $81.87.
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Annual sales at Industrials sector company grew by 30.92% over the past five years. When this article was written, the company’s average yearly earnings per share was at 8.98%. With a float of $183.42 million, this company’s outstanding shares have now reached $183.72 million.
Let’s look at the performance matrix of the company that is accounted for 7900 employees.
RB Global Inc (RBA) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward RB Global Inc stocks. The insider ownership of RB Global Inc is 0.16%, while institutional ownership is 97.52%. The most recent insider transaction that took place on Jun 18 ’24, was worth 647,280. In this transaction Chief Executive Officer of this company sold 8,000 shares at a rate of $80.91, taking the stock ownership to the 78,104 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Chief Legal Officer sold 3,637 for $80.66, making the entire transaction worth $293,365. This insider now owns 17,279 shares in total.
RB Global Inc (RBA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 8.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.20% during the next five years compared to -1.55% drop over the previous five years of trading.
RB Global Inc (NYSE: RBA) Trading Performance Indicators
You can see what RB Global Inc (RBA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 24.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of RB Global Inc (RBA)
RB Global Inc (NYSE: RBA) saw its 5-day average volume 0.72 million, a negative change from its year-to-date volume of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 33.79%. Additionally, its Average True Range was 1.43.
During the past 100 days, RB Global Inc’s (RBA) raw stochastic average was set at 79.40%, which indicates a significant increase from 40.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.72% in the past 14 days, which was lower than the 21.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.37, while its 200-day Moving Average is $70.85. Nevertheless, the first resistance level for the watch stands at $80.16 in the near term. At $80.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.51. If the price goes on to break the first support level at $78.82, it is likely to go to the next support level at $78.25. The third support level lies at $77.47 if the price breaches the second support level.
RB Global Inc (NYSE: RBA) Key Stats
There are 182,843K outstanding shares of the company, which has a market capitalization of 14.59 billion. As of now, sales total 3,680 M while income totals 206,500 K. Its latest quarter income was 1,065 M while its last quarter net income were 107,400 K.
