RB Global Inc (NYSE: RBA) is 16.68% higher on its value in year-to-date trading and has touched a low of $70.38 and a high of $109.25 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 $104.26 in the last trading session, with the day’s gains setting it 1.0%.
Currently trading at $105.26, the stock is -0.73% and 3.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing 0.96% at the moment leaves the stock 12.95% off its SMA200. RBA registered 47.86% gain for a year compared to 6-month gain of 8.36%. The firm has a 50-day simple moving average (SMA 50) of $101.2556 and a 200-day simple moving average (SMA200) of $93.19105.
The stock witnessed a 3.31% loss in the last 1 month and extending the period to 3 months gives it a 5.63%, and is 1.33% 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 0.90% over the week and 1.20% over the month.
RB Global Inc (RBA) has around 8690 employees, a market worth around $19.49B and $4.33B in sales. Current P/E ratio is 51.68 and Fwd P/E is 25.89. Profit margin for the company is 8.74%. Distance from 52-week low is 49.57% and -3.65% from its 52-week high. The company has generated returns on investments over the last 12 months (3.86%).
The EPS is expected to grow by 7.78% this year
735.0 institutions hold shares in RB Global Inc (RBA), with institutional investors hold 96.34% of the company’s shares. The shares outstanding are 185.15M, and float is at 184.99M with Short Float at 4.19%. Institutions hold 96.23% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.55 million shares valued at $$1.87 billion. The investor’s holdings represent 13.3508 of the RBA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.52 million shares valued at $$1.11 billion to account for 7.8961 of the shares outstanding. The other top investors are INDEPENDENT FRANCHISE PARTNERS LLP which holds 11.77 million shares representing 6.4007 and valued at over $$898.76 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 5.4145 of the shares totaling 9.96 million with a market value of $$760.28 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 2,000 shares of the company’s common stock on May 15 ’25 at a price of $106.96 per share for a total of $0.21 million. Following the sale, the insider now owns 14167.0 shares.
RB Global Inc disclosed in a document filed with the SEC on May 13 ’25 that Fesler Andrew John (Chief People Officer) sold a total of 9,075 shares of the company’s common stock. The trade occurred on May 13 ’25 and was made at $104.72 per share for $0.95 million. Following the transaction, the insider now directly holds 5532.0 shares of the RBA stock.
Still, SEC filings show that on May 15 ’25, JETER JAMES J (Officer) Proposed Sale 2,000 shares at an average price of $106.97 for $0.21 million. The insider now directly holds shares of RB Global Inc (RBA).