With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.8 million shares. During the session, the Specialty Business Services company that operates in wider Industrials sector, reached to the highest price of $86.36 whereas the lowest price it dropped to was $85.08. The 52-week range on RBA shows that it touched its highest point at $87.45 and its lowest point at $58.85 during that stretch. It currently has a 1-year price target of $94.56. With its current market cap of 15.78 billion, RBA has annualized dividend of $1.10 while the current yield stands at 1.28%. RBA paid its most recent dividend on 1724803200, while the ex-dividend date for that was 1724803200. Beta for the stock currently stands at 0.93.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RBA was up-trending over the past week, with a rise of 8.82%, but this was up by 1.72% over a month. Three-month performance surged to 9.01% while six-month performance rose 16.74%. The stock gained 36.82% in the past year, while it has gained 28.05% so far this year. A look at the trailing 12-month EPS for RBA yields 1.78 with Next year EPS estimates of 3.67. For the next quarter, that number is 0.67. This implies an EPS growth rate of 9.38% for this year and 12.31% for next year. EPS is expected to grow by 7.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.55%.
Float and Shares Shorts:
At present, 184.25 million RBA shares are outstanding with a float of 183.95 million shares on hand for trading. On 2024-09-30, short shares totaled 4.81 million, which was 260.99999 higher than short shares on 1724976000. In addition to Mr. James F. Kessler as the firm’s CEO & Director, Ms. Megan Cash serves as its SVP of Corporate Finance.
Institutional Ownership:
Through their ownership of 0.96772003 of RBA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RBA reported revenue of $1096100000.0 and operating income of $205700000.0. The EBITDA in the recently reported quarter was $360900000.0 and diluted EPS was $0.54.
