RB Global (TSE:RBA) Reaches New 52-Week High at $117.11

RB Global, Inc. (TSE:RBA) (NYSE:RBA) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$117.11 and last traded at C$117.01, with a volume of 57928 shares. The stock had previously closed at C$116.95.

RB Global Trading Up 0.1 %

The company has a debt-to-equity ratio of 80.04, a current ratio of 1.29 and a quick ratio of 1.00. The firm has a market capitalization of C$21.19 billion, a PE ratio of 46.00, a price-to-earnings-growth ratio of 2.43 and a beta of 0.90. The business’s 50-day moving average price is C$108.81 and its 200-day moving average price is C$104.04.

RB Global (TSE:RBA) (NYSE:RBA) last announced its earnings results on Tuesday, August 6th. The company reported C$0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.82 by C($0.08). The business had revenue of C$1.50 billion for the quarter, compared to analysts’ expectations of C$1.54 billion. RB Global had a return on equity of 6.61% and a net margin of 8.68%. As a group, analysts expect that RB Global, Inc. will post 4.5936353 earnings per share for the current fiscal year.

RB Global Increases Dividend

The firm also recently announced a 1 dividend, which was paid on Wednesday, August 28th. Stockholders of record on Friday, January 1st were given a dividend of $1.602 per share. The ex-dividend date was Wednesday, September 18th. This is a positive change from RB Global’s previous 1 dividend of $1.49. RB Global’s dividend payout ratio (DPR) is 64.00%.

Insider Activity at RB Global

In related news, Senior Officer James Francis Kessler sold 8,000 shares of RB Global stock in a transaction on Tuesday, June 18th. The shares were sold at an average price of C$80.41, for a total value of C$643,280.00. In other RB Global news, Senior Officer James Francis Kessler sold 8,000 shares of the business’s stock in a transaction on Tuesday, June 18th. The shares were sold at an average price of C$80.41, for a total transaction of C$643,280.00. Also, Senior Officer James Jeffrey Jeter sold 2,920 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of C$78.96, for a total transaction of C$230,563.20. Insiders have sold a total of 14,857 shares of company stock worth $1,206,184 in the last three months. Insiders own 0.29% of the company’s stock.

About RB Global

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.