RB Global Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 1 out of 162 in the Professional & Commercial Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 127.67.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
RB Global Inc's Score
Industry at a Glance
Industry Ranking
1 / 162
Overall Ranking
11 / 4566
Industry
Professional & Commercial Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
RB Global Inc Highlights
StrengthsRisks
RB Global, Inc. is an omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, the Company serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The Company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. Rouse Services provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. SmartEquip is a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both original equipment manufacturers and dealers. VeriTread is an online marketplace for heavy haul transport.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 24.76% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 4.59B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 55.27%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 55.27%.
Fairly Valued
The company’s latest PE is 53.02, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 186.90M shares, increasing 2.01% quarter-over-quarter.
Analyst Rating
Based on
11
analysts
Buy
Current Rating
127.666
Target Price
+10.53%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
RB Global, Inc. is an omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, the Company serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The Company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. Rouse Services provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. SmartEquip is a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both original equipment manufacturers and dealers. VeriTread is an online marketplace for heavy haul transport.