With 1.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. During the session, the Specialty Business Services company that operates in wider Industrials sector, reached to the highest price of $97.82 whereas the lowest price it dropped to was $95.625. The 52-week range on RBA shows that it touched its highest point at $95.65 and its lowest point at $60.84 during that stretch. It currently has a 1-year price target of $102.62. With its current market cap of 25.86 billion, RBA has annualized dividend of $1.10 while the current yield stands at 1.12%. RBA paid its most recent dividend on 1724803200, while the ex-dividend date for that was 1732665600. Beta for the stock currently stands at 0.93.
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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 5.44%, but this was up by 15.60% over a month. Three-month performance surged to 12.91% while six-month performance rose 28.43%. The stock gained 57.38% in the past year, while it has gained 46.23% so far this year. A look at the trailing 12-month EPS for RBA yields 1.84 with Next year EPS estimates of 3.71. For the next quarter, that number is 0.79. This implies an EPS growth rate of 10.70% for this year and 11.98% for next year. EPS is expected to grow by 10.62% 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, 184.41 million RBA shares are outstanding with a float of 184.11 million shares on hand for trading. On 2024-10-31, short shares totaled 6.01 million, which was 326.0 higher than short shares on 1727654400. 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 0.93941003 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 2024-09-30, RBA reported revenue of $981800000.0 and operating income of $158900000.0. The EBITDA in the recently reported quarter was $315400000.0 and diluted EPS was $0.36.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RBA since 16 analysts follow the stock currently. There are 12 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RBA analysts setting a high price target of 110.0 and a low target of 57.0, the average target price over the next 12 months is 97.55. Based on these targets, RBA could surge 12.46% to reach the target high and fall by -41.72% to reach the target low. Reaching the average price target will result in a decline of -0.27% from current levels.
Analysts have provided yearly estimates in a range of $3.32483 being high and $3.22559 being low. For RBA, this leads to a yearly average estimate of $3.29506.