Insider Selling: RB Global, Inc. (TSE:RBA) Senior Officer Sells 937 Shares of Stock

Posted by Samantha Reynolds on Jun 17th, 2024

RB Global, Inc. (TSE:RBA – Get Free Report) (NYSE:RBA) Senior Officer Darren Watt sold 937 shares of the stock in a transaction on Thursday, June 13th. The shares were sold at an average price of C$80.78, for a total value of C$75,690.86.

RB Global Price Performance

RB Global stock opened at C$109.75 on Monday. The company has a fifty day simple moving average of C$101.73 and a 200-day simple moving average of C$95.99. The company has a quick ratio of 1.00, a current ratio of 1.29 and a debt-to-equity ratio of 82.17. The firm has a market capitalization of C$20.16 billion, a price-to-earnings ratio of 43.73, a PEG ratio of 2.43 and a beta of 0.88. RB Global, Inc. has a 52-week low of C$72.56 and a 52-week high of C$111.46.

RB Global (TSE:RBA – Get Free Report) (NYSE:RBA) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.51 by C$0.21. RB Global had a net margin of 8.08% and a return on equity of 6.26%. The company had revenue of C$1.44 billion during the quarter, compared to analysts’ expectations of C$1.37 billion. On average, equities analysts anticipate that RB Global, Inc. will post 4.5137047 EPS for the current fiscal year.

RB Global Increases Dividend

The business also recently disclosed a 1 dividend, which was paid on Wednesday, May 29th. Investors of record on Friday, January 1st were given a dividend of $1.488 per share. This is an increase from RB Global’s previous 1 dividend of $1.43. The ex-dividend date was Thursday, June 20th. RB Global’s dividend payout ratio (DPR) is presently 58.96%.

RB Global Company Profile

(Get Free Report)

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.