Searching For Real Value In Market Debris At RB Global Inc (NYSE: RBA)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted RB Global reports fourth quarter and full year 2023 results.

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Stocks Info

As a NYSE listed company, RBA falls under the Industrials sector while operating within the Specialty Business Services industry segment. The current market capitalization of RB Global Inc is $14.06B. A total of 2.01 million shares were traded on the day, compared to an average of 897.56K shares.

In the most recent transaction, JETER JAMES J sold 3,750 shares of RBA for 64.84 per share on Dec 04. After the transaction, the Chief Revenue Officer now owns 23,140 company shares. In a previous transaction on Dec 04, Watt Darren Jeffrey sold 1,094 shares at 65.94 per share. RBA shares that Chief Legal Officer owns now total 14,880.

Among the insiders who sold shares, Fandozzi Ann disposed of 238,368 shares on Nov 22 at a per-share price of $62.19. This resulted in the Director holding 0 shares of RBA after the transaction. In another insider transaction, Fandozzi Ann sold 73,586 shares at $62.04 per share on Nov 20. Company shares held by the Director now total 0.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. RB Global Inc pays an annual dividend of $1.08, resulting in a dividend yield of 1.40%, and it has a price to earnings (P/E) ratio of 91.36. RBA’s most recent ex-dividend date was 2/8/2024 when it declared a $0.27 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/21/2023 with an ex-dividend date of 11/29/2023. The RBA stock dividend was $0.27 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RBA in the last 3 months, the mean price target is $82.19 with high estimates of $93.00 and low estimates of $68.00. In terms of 52-week highs and lows, RBA has a high of $77.17 and a low of $50.51.

As of this writing, RBA has an earnings estimate of $0.72 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.75 per share and a lower estimate of $0.64. The company reported an EPS of $0.72 in the last quarter, which was 46.90% higher than expectations of $0.49.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RBA’s latest balance sheet shows that the firm has $326.11M in Cash & Short Term Investments as of fiscal 2021. There were $1.87B in debt and $588.42M in liabilities at the time. Its Book Value Per Share was $27.44, while its Total Shareholder’s Equity was $1.07B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RBA is Buy with a score of 4.33.

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