RB Global Inc (NYSE: RBA) is 11.17% higher on its value in year-to-date trading and has touched a low of $69.83 and a high of $106.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RBA stock was last observed hovering at around $100.30 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $100.29, the stock is 0.98% and 4.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.01% at the moment leaves the stock 14.29% off its SMA200. RBA registered 32.40% gain for a year compared to 6-month gain of 19.11%. The firm has a 50-day simple moving average (SMA 50) of $96.098 and a 200-day simple moving average (SMA200) of $87.74825.
The stock witnessed a -0.04% loss in the last 1 month and extending the period to 3 months gives it a 11.05%, and is 1.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 2.07% over the month.
RB Global Inc (RBA) has around 8690 employees, a market worth around $18.53B and $4.28B in sales. Current P/E ratio is 49.88 and Fwd P/E is 23.79. Profit margin for the company is 8.69%. Distance from 52-week low is 43.62% and -6.18% from its 52-week high. The company has generated returns on investments over the last 12 months (3.79%).
The EPS is expected to grow by 8.19% this year
716.0 institutions hold shares in RB Global Inc (RBA), with institutional investors hold 95.88% of the company’s shares. The shares outstanding are 184.73M, and float is at 184.47M with Short Float at 2.18%. Institutions hold 95.60% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.52 million shares valued at $1.11 billion. The investor’s holdings represent 7.8961 of the RBA Shares outstanding. As of 2024-06-30, the second largest holder is INDEPENDENT FRANCHISE PARTNERS LLP with 11.77 million shares valued at $898.76 million to account for 6.4007 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 9.96 million shares representing 5.4145 and valued at over $760.28 million, while EDGEPOINT INVESTMENT GROUP INC. holds 4.628 of the shares totaling 8.51 million with a market value of $649.16 million.
RB Global Inc (RBA) Insider Activity
The most recent transaction is an insider sale by JETER JAMES J, the company’s Chief Revenue Officer. SEC filings show that JETER JAMES J sold 600 shares of the company’s common stock on Mar 21 ’25 at a price of $98.63 per share for a total of $59178.0. Following the sale, the insider now owns 19667.0 shares.
Still, SEC filings show that on Mar 17 ’25, JETER JAMES J (Chief Revenue Officer) disposed off 7,597 shares at an average price of $97.85 for $0.74 million. The insider now directly holds 20,267 shares of RB Global Inc (RBA).
