Is RB Global, Inc. (RBA) Outperforming Other Business Services Stocks This Year?
- Here is how RB Global (RBA) and SPAR Group, Inc. (SGRP) have performed compared to their sector so far this year.
- 07/09/2024
|
Buy These 5 Financial Transaction Stocks to Tap Market Rally
- We have narrowed our search to five financial transaction stocks that have strong growth potential for 2024. These stocks are: ML, RBA, WU, GPN, ENV.
- 06/14/2024
|
Strength Seen in RB Global (RBA): Can Its 8.9% Jump Turn into More Strength?
- RB Global (RBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 06/11/2024
|
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
- NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
- 06/07/2024
|
Top 5 Momentum Stocks for June After an Impressive May
- We have narrowed our search to five large-cap stocks that have strong momentum for June. These are: RBA, NTNX, MNDY, COIN, DDOG.
- 06/04/2024
|
Alphabet Inc. (NASDAQ:GOOGL) Shares Bought by RBA Wealth Management LLC
- RBA Wealth Management LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,496 shares of the information services provider’s stock after acquiring an additional 184 shares during the quarter. Alphabet comprises 3.0% of RBA Wealth Management LLC’s holdings, making the stock its 4th largest holding. RBA Wealth Management LLC’s holdings in Alphabet were worth $6,914,000 as of its most recent SEC filing. Other hedge funds have also modified their holdings of the company. FMR LLC increased its holdings in Alphabet by 5.6% in the 3rd quarter. FMR LLC now owns 227,317,469 shares of the information services provider’s stock valued at $29,746,764,000 after purchasing an additional 12,070,681 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Alphabet by 4,894.1% in the fourth quarter. International Assets Investment Management LLC now owns 5,445,396 shares of the information services provider’s stock valued at $7,606,670,000 after buying an additional 5,336,359 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in Alphabet during the 3rd quarter worth about $634,465,000. Ontario Teachers Pension Plan Board purchased a new position in Alphabet during the 3rd quarter valued at about $601,545,000. Finally, Lone Pine Capital LLC purchased a new position in Alphabet during the 3rd quarter valued at about $407,367,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors. Alphabet Price Performance Alphabet stock opened at $176.06 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.15 and a quick ratio of 2.15. The business has a 50 day simple moving average of $157.22 and a 200-day simple moving average of $145.29. Alphabet Inc. has a 12 month low of $115.35 and a 12 month high of $176.26. The stock has a market capitalization of $2.18 trillion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.35 and a beta of 1.02. Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The company had revenue of $80.54 billion during the quarter, compared to the consensus estimate of $66.04 billion. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. During the same quarter in the prior year, the firm earned $1.17 EPS. Equities analysts predict that Alphabet Inc. will post 7.61 earnings per share for the current year. Alphabet Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be given a $0.20 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.80 dividend on an annualized basis and a yield of 0.45%. Alphabet’s payout ratio is currently 12.27%. Insiders Place Their Bets In other news, Director John L. Hennessy sold 2,100 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $175.76, for a total value of $369,096.00. Following the completion of the sale, the director now directly owns 5,891 shares of the company’s stock, valued at approximately $1,035,402.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Alphabet news, Director John L. Hennessy sold 2,100 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $175.76, for a total value of $369,096.00. Following the completion of the transaction, the director now owns 5,891 shares in the company, valued at $1,035,402.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 48,076 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $142.20, for a total transaction of $6,836,407.20. Following the sale, the insider now owns 12,725 shares in the company, valued at $1,809,495. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 276,511 shares of company stock worth $41,234,695. Company insiders own 0.88% of the company’s stock. Wall Street Analysts Forecast Growth A number of analysts have issued reports on the stock. Truist Financial boosted their price target on shares of Alphabet from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Roth Mkm raised their price target on shares of Alphabet from $164.00 to $202.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Raymond James upped their price objective on Alphabet from $160.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. KeyCorp lifted their target price on Alphabet from $165.00 to $175.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Finally, Wedbush upped their price target on Alphabet from $175.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Five investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $190.60. View Our Latest Analysis on GOOGL About Alphabet (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Five stocks we like better than Alphabet Consumer Discretionary Stocks Explained Canada Goose Flies Higher Driven By DTC Growth How to Most Effectively Use the MarketBeat Earnings Screener CVS Health Stock Has a Silver Lining Called Value Best Stocks Under $10.00 Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL – Free Report).
- 05/20/2024
|
Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Mitsubishi UFJ Asset Management UK Ltd.
- Mitsubishi UFJ Asset Management UK Ltd. reduced its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,500 shares of the information services provider’s stock after selling 2,000 shares during the quarter. Alphabet makes up about 3.9% of Mitsubishi UFJ Asset Management UK Ltd.’s investment portfolio, making the stock its 4th biggest holding. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Alphabet were worth $7,194,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Nvwm LLC lifted its position in shares of Alphabet by 3.4% in the 4th quarter. Nvwm LLC now owns 70,192 shares of the information services provider’s stock worth $9,805,000 after buying an additional 2,336 shares during the last quarter. Quotient Wealth Partners LLC acquired a new stake in Alphabet during the fourth quarter worth about $6,681,000. RBA Wealth Management LLC lifted its holdings in Alphabet by 0.4% in the fourth quarter. RBA Wealth Management LLC now owns 49,496 shares of the information services provider’s stock worth $6,914,000 after acquiring an additional 184 shares during the last quarter. First United Bank & Trust boosted its stake in Alphabet by 0.7% in the fourth quarter. First United Bank & Trust now owns 25,674 shares of the information services provider’s stock valued at $3,586,000 after acquiring an additional 185 shares during the period. Finally, JNBA Financial Advisors grew its holdings in shares of Alphabet by 0.9% during the fourth quarter. JNBA Financial Advisors now owns 12,795 shares of the information services provider’s stock valued at $1,787,000 after purchasing an additional 119 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock. Analysts Set New Price Targets GOOGL has been the topic of several recent research reports. Mizuho raised their price target on Alphabet from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Truist Financial boosted their price target on shares of Alphabet from $170.00 to $190.00 and gave the company a “buy” rating in a report on Friday, April 26th. Jefferies Financial Group increased their price objective on shares of Alphabet from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 26th. JPMorgan Chase & Co. boosted their target price on shares of Alphabet from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, Rosenblatt Securities upped their target price on shares of Alphabet from $172.00 to $182.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Five investment analysts have rated the stock with a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.60. View Our Latest Stock Analysis on Alphabet Alphabet Stock Up 1.1 % Shares of Alphabet stock opened at $176.06 on Monday. Alphabet Inc. has a 1 year low of $115.35 and a 1 year high of $176.26. The company has a market cap of $2.18 trillion, a P/E ratio of 27.00, a P/E/G ratio of 1.35 and a beta of 1.02. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average price of $157.22 and a 200 day moving average price of $145.29. Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, topping the consensus estimate of $1.49 by $0.40. The business had revenue of $80.54 billion during the quarter, compared to analysts’ expectations of $66.04 billion. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. During the same period last year, the company posted $1.17 earnings per share. As a group, analysts expect that Alphabet Inc. will post 7.61 EPS for the current fiscal year. Alphabet Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 10th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, June 10th. Alphabet’s dividend payout ratio (DPR) is presently 12.27%. Insider Buying and Selling In related news, Director John L. Hennessy sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $139.51, for a total value of $41,853.00. Following the completion of the sale, the director now owns 9,291 shares of the company’s stock, valued at approximately $1,296,187.41. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, Director John L. Hennessy sold 300 shares of Alphabet stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $139.51, for a total value of $41,853.00. Following the completion of the sale, the director now owns 9,291 shares of the company’s stock, valued at approximately $1,296,187.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 682 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $136.49, for a total transaction of $93,086.18. Following the transaction, the chief accounting officer now directly owns 28,602 shares in the company, valued at $3,903,886.98. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 276,511 shares of company stock worth $41,234,695. Corporate insiders own 0.88% of the company’s stock. Alphabet Company Profile (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Five stocks we like better than Alphabet What is a Dividend King? Canada Goose Flies Higher Driven By DTC Growth What Does a Stock Split Mean? CVS Health Stock Has a Silver Lining Called Value How to Most Effectively Use the MarketBeat Earnings Screener Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
|
Nvwm LLC Has $9.81 Million Stake in Alphabet Inc. (NASDAQ:GOOGL)
- Nvwm LLC raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,192 shares of the information services provider’s stock after acquiring an additional 2,336 shares during the period. Alphabet makes up about 2.9% of Nvwm LLC’s investment portfolio, making the stock its 4th largest position. Nvwm LLC’s holdings in Alphabet were worth $9,805,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also made changes to their positions in GOOGL. Quotient Wealth Partners LLC bought a new stake in shares of Alphabet during the 4th quarter worth approximately $6,681,000. RBA Wealth Management LLC increased its stake in Alphabet by 0.4% in the fourth quarter. RBA Wealth Management LLC now owns 49,496 shares of the information services provider’s stock worth $6,914,000 after purchasing an additional 184 shares during the period. First United Bank & Trust increased its stake in Alphabet by 0.7% in the fourth quarter. First United Bank & Trust now owns 25,674 shares of the information services provider’s stock worth $3,586,000 after purchasing an additional 185 shares during the period. JNBA Financial Advisors lifted its position in shares of Alphabet by 0.9% during the fourth quarter. JNBA Financial Advisors now owns 12,795 shares of the information services provider’s stock worth $1,787,000 after purchasing an additional 119 shares during the last quarter. Finally, Advisor OS LLC boosted its stake in shares of Alphabet by 2.4% during the fourth quarter. Advisor OS LLC now owns 28,772 shares of the information services provider’s stock valued at $4,019,000 after purchasing an additional 685 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock. Insider Buying and Selling In other Alphabet news, CFO Ruth Porat sold 48,077 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the sale, the chief financial officer now owns 1,777,106 shares of the company’s stock, valued at $243,854,485.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Ruth Porat sold 48,077 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the completion of the transaction, the chief financial officer now owns 1,777,106 shares of the company’s stock, valued at $243,854,485.32. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $143.08, for a total value of $3,219,300.00. Following the completion of the transaction, the chief executive officer now owns 2,355,191 shares of the company’s stock, valued at $336,980,728.28. The disclosure for this sale can be found here. Insiders have sold 276,511 shares of company stock worth $41,234,695 in the last three months. Corporate insiders own 0.88% of the company’s stock. Alphabet Trading Up 1.1 % Shares of Alphabet stock opened at $176.06 on Monday. The firm has a market cap of $2.18 trillion, a price-to-earnings ratio of 27.00, a price-to-earnings-growth ratio of 1.35 and a beta of 1.02. Alphabet Inc. has a 52-week low of $115.35 and a 52-week high of $176.26. The company’s 50-day simple moving average is $157.22 and its 200-day simple moving average is $145.29. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.05. Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The company had revenue of $80.54 billion during the quarter, compared to the consensus estimate of $66.04 billion. Alphabet had a return on equity of 29.52% and a net margin of 25.90%. During the same quarter last year, the company earned $1.17 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 7.61 earnings per share for the current year. Alphabet Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, June 10th. Alphabet’s dividend payout ratio (DPR) is presently 12.27%. Analysts Set New Price Targets A number of equities research analysts recently weighed in on GOOGL shares. Royal Bank of Canada lifted their price objective on shares of Alphabet from $155.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Roth Mkm lifted their price target on shares of Alphabet from $164.00 to $202.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Needham & Company LLC increased their price objective on Alphabet from $160.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Citigroup lifted their target price on Alphabet from $168.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, KeyCorp raised their price target on Alphabet from $165.00 to $175.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. Five investment analysts have rated the stock with a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $190.60. Get Our Latest Report on GOOGL Alphabet Profile (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Read More Five stocks we like better than Alphabet Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Canada Goose Flies Higher Driven By DTC Growth 3 Small Caps With Big Return Potential CVS Health Stock Has a Silver Lining Called Value What Are Dividend Champions? How to Invest in the Champions Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
|
Quadrant Capital Group LLC Has $237,000 Stock Position in Edison International (NYSE:EIX)
- Quadrant Capital Group LLC grew its holdings in shares of Edison International (NYSE:EIX – Free Report) by 9.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,316 shares of the utilities provider’s stock after acquiring an additional 297 shares during the period. Quadrant Capital Group LLC’s holdings in Edison International were worth $237,000 as of its most recent SEC filing. A number of other hedge funds also recently modified their holdings of EIX. Janney Montgomery Scott LLC increased its stake in shares of Edison International by 7.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 114,115 shares of the utilities provider’s stock valued at $8,158,000 after buying an additional 7,919 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Edison International by 4.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 389,357 shares of the utilities provider’s stock worth $27,870,000 after purchasing an additional 16,425 shares in the last quarter. RBA Wealth Management LLC grew its stake in shares of Edison International by 2.5% in the 4th quarter. RBA Wealth Management LLC now owns 33,170 shares of the utilities provider’s stock valued at $2,371,000 after buying an additional 816 shares during the period. Massachusetts Financial Services Co. MA increased its position in Edison International by 4.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,261,803 shares of the utilities provider’s stock valued at $376,166,000 after buying an additional 202,541 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in Edison International by 73.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 21,114 shares of the utilities provider’s stock worth $1,509,000 after buying an additional 8,922 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts have commented on the company. StockNews.com raised Edison International from a “sell” rating to a “hold” rating in a research note on Saturday, February 24th. The Goldman Sachs Group initiated coverage on shares of Edison International in a research report on Wednesday, April 10th. They issued a “neutral” rating and a $78.00 price target for the company. Royal Bank of Canada lowered their price objective on shares of Edison International from $81.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, March 7th. Wells Fargo & Company upgraded shares of Edison International from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $72.00 to $86.00 in a report on Tuesday, May 14th. Finally, TheStreet lowered shares of Edison International from a “b” rating to a “c+” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $76.00. View Our Latest Stock Report on Edison International Insiders Place Their Bets In other news, CEO J Andrew Murphy sold 58,099 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $75.01, for a total value of $4,358,005.99. Following the sale, the chief executive officer now directly owns 19,660 shares of the company’s stock, valued at $1,474,696.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.20% of the stock is owned by corporate insiders. Edison International Price Performance NYSE EIX opened at $76.30 on Monday. The company has a market cap of $29.36 billion, a PE ratio of 33.47 and a beta of 0.95. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 2.04. The firm’s 50-day simple moving average is $70.81 and its two-hundred day simple moving average is $68.78. Edison International has a 52 week low of $58.82 and a 52 week high of $76.39. Edison International (NYSE:EIX – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.12 by $0.01. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.16 billion. Edison International had a net margin of 6.14% and a return on equity of 12.48%. Edison International’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS. Research analysts predict that Edison International will post 4.92 earnings per share for the current year. Edison International Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, March 28th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.12 dividend on an annualized basis and a yield of 4.09%. Edison International’s dividend payout ratio (DPR) is 136.84%. Edison International Company Profile (Free Report) Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.
- 05/20/2024
|
Australian dollar buoyant near 4-month highs as commodity prices surge
- SYDNEY, May 20 (Reuters) - The Australian dollar hovered near a four-month top on Monday, supported by a surge in commodity prices after China unveiled huge steps to stabilise the property market, while the kiwi was on edge ahead of its central bank policy meeting. The Aussie rose 0.1% to $0.6700, after gaining 1.4% last week to as high as $0.6714, the strongest since early January. It broke a major resistance level of $0.6650 as a softening in U.S. inflation revived chances of rate cuts globally, boosting risk appetite. The kiwi dollar, however, slipped 0.1% at $0.6126, having also jumped 1.9% last week to as high as $0.6141. It has support at around $0.6082. On Friday, China announced "historic" steps to stabilise its property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. That boosted share markets on Monday. Growth-sensitive copper prices surged to a record high, while prices for iron ore - Australia's biggest export to China - jumped to a one-week top. Analysts at Morgan Stanley are bullish on the Australian dollar given the currency's close correlations to commodity prices, yield differentials and market sentiment on the Chinese growth outlook. "The government's fiscally expansionary stance should keep the economy growing at a robust pace into 2025. The RBA does not appear likely to cut rates for the foreseeable future even as other central banks are likely to lower rates, moving front-end yields in AUD's favour," they said in a note to clients. "Moves in highly correlated assets also suggest both AUD/USD and AUD/NZD would rise in reaction." The Reserve Bank of Australia will release the minutes for its May policy meeting on Tuesday, and traders will be looking for signs about how serious the central bank considered a rate hike after strong first-quarter inflation figures. Nonetheless, markets have swung back to pricing in rate cuts after jobs and wages data disappointed, with the first easing in December now a 50/50 chance. Across the Tasman, the Reserve Bank of New Zealand will set interest rates on Wednesday and is expected to leave its main cash rate at 5.5%, with the main question being whether it will change the projected outlook for rates out to next year. Swaps are pricing in about two rate cuts this year. (Reporting by Stella Qiu; Editing by Christopher Cushing)
- 05/19/2024
|
Australian dollar buoyant near 4-month highs as commodity prices surge
- SYDNEY, May 20 (Reuters) - The Australian dollar hovered near a four-month top on Monday, supported by a surge in commodity prices after China unveiled huge steps to stabilise the property market, while the kiwi was on edge ahead of its central bank policy meeting. The Aussie rose 0.1% to $0.6700, after gaining 1.4% last week to as high as $0.6714, the strongest since early January. It broke a major resistance level of $0.6650 as a softening in U.S. inflation revived chances of rate cuts globally, boosting risk appetite. The kiwi dollar, however, slipped 0.1% at $0.6126, having also jumped 1.9% last week to as high as $0.6141. It has support at around $0.6082. On Friday, China announced "historic" steps to stabilise its property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. That boosted share markets on Monday. Growth-sensitive copper prices surged to a record high, while prices for iron ore - Australia's biggest export to China - jumped to a one-week top. Analysts at Morgan Stanley are bullish on the Australian dollar given the currency's close correlations to commodity prices, yield differentials and market sentiment on the Chinese growth outlook. "The government's fiscally expansionary stance should keep the economy growing at a robust pace into 2025. The RBA does not appear likely to cut rates for the foreseeable future even as other central banks are likely to lower rates, moving front-end yields in AUD's favour," they said in a note to clients. "Moves in highly correlated assets also suggest both AUD/USD and AUD/NZD would rise in reaction." The Reserve Bank of Australia will release the minutes for its May policy meeting on Tuesday, and traders will be looking for signs about how serious the central bank considered a rate hike after strong first-quarter inflation figures. Nonetheless, markets have swung back to pricing in rate cuts after jobs and wages data disappointed, with the first easing in December now a 50/50 chance. Across the Tasman, the Reserve Bank of New Zealand will set interest rates on Wednesday and is expected to leave its main cash rate at 5.5%, with the main question being whether it will change the projected outlook for rates out to next year. Swaps are pricing in about two rate cuts this year. (Reporting by Stella Qiu; Editing by Christopher Cushing)
- 05/19/2024
|
RB Global, Inc. (RBA) Q1 2024 Earnings Call Transcript
- RB Global, Inc. (NYSE:RBA ) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler – CEO Eric Guerin - CFO Conference Call Participants Sabahat Khan - RBC Capital Markets Steve Hansen - Raymond James Michael Doumet – Scotiabank Maxim Sytchev - National Bank Financial Operator Good morning. My name is Chris, and I'll be your conference operator today.
- 05/09/2024
|
RB Global (RBA) Q1 Earnings and Revenues Surpass Estimates
- RB Global (RBA) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.57 per share a year ago.
- 05/09/2024
|
RB Global reports first quarter 2024 results
- WESTCHESTER, Ill. , May 9, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA) (the "Company", "RB Global", "we", "us", "their", or "our") reported the following results for the three months ended March 31, 2024.
- 05/09/2024
|
RB Global reports on voting results from the 2024 annual and special meeting of shareholders
- WESTCHESTER, Ill. , May 8, 2024 /PRNewswire/ - The Annual and Special Meeting of Shareholders (the "Meeting") of RB Global, Inc. (the "Company", NYSE and TSX: RBA) was held on May 7, 2024.
- 05/08/2024
|
Ritchie Bros. Sells Record of Nearly CA$250 million in Heavy Equipment Assets and Vehicles at Biggest-Ever Premier Canada Auction Event
- Five-day Edmonton, AB, auction attracted 21,000+ bidders from 43 countries to compete for a record 14,500+ items WESTCHESTER, Ill. and EDMONTON, AB , May 7, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros.
- 05/07/2024
|
RB Global to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024
- WESTCHESTER, Ill. , April 9, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release first-quarter financial results after market close on Thursday, May 9, 2024.
- 04/09/2024
|
RB Global Appoints Nancy King as Chief Technology Officer
- WESTCHESTER, Ill. , March 18, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced the appointment of Nancy King as Chief Technology Officer, effective June 3, 2024.
- 03/18/2024
|
IAA Announces New Market Alliance in Lithuania
- New IAA Auction Center expands company's reach in Eastern Europe WESTCHESTER, Ill. , March 14, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has launched a new Market Alliance with Baltic Auto Shipping in the Eastern European country of Lithuania.
- 03/14/2024
|
Ritchie Bros. Sells US$258+ Million of Heavy Equipment Assets and Vehicles in its 2024 Premier Global Auction in Orlando, FL
- Five-day public auction attracted 22,000+ bidders from 80+ countries competing for 16,500+ items ORLANDO, Fla. and WESTCHESTER, Ill.
- 02/27/2024
|
RB Global, Inc. (RBA) Q4 2023 Earnings Call Transcript
- RB Global, Inc. (RBA) Q4 2023 Earnings Call Transcript
- 02/23/2024
|
Here's What Key Metrics Tell Us About RB Global (RBA) Q4 Earnings
- While the top- and bottom-line numbers for RB Global (RBA) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/23/2024
|
RB Global (RBA) Q4 Earnings and Revenues Surpass Estimates
- RB Global (RBA) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago.
- 02/23/2024
|
RB Global reports fourth quarter and full year 2023 results
- WESTCHESTER, Ill. , Feb. 23, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) & (TSX: RBA), the "Company", "RB Global", "we", "us", "their", or "our") reported the following results for the three months and year ended December 31, 2023.
- 02/23/2024
|
Why Earnings Season Could Be Great for RB Global (RBA)
- RB Global (RBA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/22/2024
|
Ritchie Bros.' Largest-Ever Premier Global Auction Event in Orlando to Feature Record-Setting 16,500+ Heavy Equipment Assets and Vehicles
- ORLANDO, Fla. and WESTCHESTER, Ill.
- 02/16/2024
|
Retail Rockstars: 3 Stocks That Have Top Funds Feeling the Love
- As I noted in a previous column, Investor's Business Daily regularly publishes “New Buys of Top-Performing Stock Funds,” identifying equities that top-performing stock funds bought in large quantities. Often, the biggest funds ultimately play a huge role in determining stock prices.
- 02/06/2024
|
Why RB Global (RBA) Could Beat Earnings Estimates Again
- RB Global (RBA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/31/2024
|
IAA Implements J.D. Power ChromeData VIN Descriptions to Enhance Trim Coverage
- Vehicle merchandising platform features precise trim data, improved buying experience WESTCHESTER, Ill. , Jan. 25, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles, today announced that IAA has implemented the J.D.
- 01/25/2024
|
RB Global to Report Fourth Quarter 2023 Financial Results and Host Conference Call on February 23, 2024
- WESTCHESTER, IL , Jan. 23, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release fourth-quarter financial results before the market opens on Friday, February 23, 2024. RB Global will host a conference call to discuss its results at 8:30 a.m.
- 01/23/2024
|
RB Global, Inc. Declares Quarterly Dividend
- WESTCHESTER, Ill. , Jan. 22, 2024 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), announces that its Board of Directors has declared a quarterly cash dividend of US$0.27 per common share, payable on March 1, 2024, to shareholders of record on February 9, 2024.
- 01/22/2024
|
PAGS vs. RBA: Which Stock Should Value Investors Buy Now?
- Investors with an interest in Financial Transaction Services stocks have likely encountered both PagSeguro Digital Ltd. (PAGS) and RB Global (RBA).
- 01/17/2024
|
FI vs. RBA: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Financial Transaction Services sector might want to consider either Fiserv (FI) or RB Global (RBA). But which of these two companies is the best option for those looking for undervalued stocks?
- 11/10/2023
|
RB Global, Inc. (RBA) Q3 2023 Earnings Call Transcript
- RB Global, Inc. (NYSE:RBA ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Conference Call Participants Michael Doumet - Scotiabank Craig Kennison - Baird Steven Hansen - Raymond James Sabahat Khan - RBC Capital Markets Maxim Sytchev - National Bank Financial Michael Feniger - Bank of America Lawrence De Maria - William Blair Operator Good day. My name is Chris, and I'll be your conference operator today.
- 11/09/2023
|
Here's What Key Metrics Tell Us About RB Global (RBA) Q3 Earnings
- The headline numbers for RB Global (RBA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/09/2023
|
RB Global, Inc. (RBA) Q2 2023 Earnings Call Transcript
- RB Global, Inc. (NYSE:RBA ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Sameer Rathod – Vice President of Investor Relations and Market Intelligence Jim Kessler – Chief Executive Officer Conference Call Participants Steve Hansen – Raymond James Michael Doumet – Scotiabank Sabahat Khan – RBC Capital Markets John Healy – Northcoast Research Michael Feniger – Bank of America Gary Prestopino – Barrington Research Maxim Sytchev – National Bank Financial Kevin Condon – Baird Larry De Maria – William Blair Operator Good afternoon. My name is Chris, and I will be your conference operator today.
- 08/05/2023
|
RB Global to Report Second Quarter 2023 Financial Results and Host Conference Call on August 3, 2023
- WESTCHESTER, Ill. , July 10, 2023 /PRNewswire/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release second quarter financial results after market close on Thursday, August 3, 2023.
- 07/10/2023
|
The 7 Best Meme Stocks to Buy Now
- Every time I write about meme stocks to buy I preface the article with a variation of the same caveat: Meme stocks may have started as high-risk jokes, but over time, meme stock strategies have become more complex. Are proponents of meme stocks still trading in high-risk companies on hope alone?
- 06/15/2023
|
Ritchie Bros. Auctioneers Incorporated (RBA) Q1 2023 Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (NYSE:RBA ) Q1 2023 Earnings Conference Call May 10, 2023 12:00 PM ET Company Participants Sameer Rathod - Vice President of Investor Relations and Market Intelligence Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets.
- 05/10/2023
|
Ritchie Bros. (RBA) Surpasses Q1 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.52 per share.
- 05/10/2023
|
Ritchie Bros. to Report First Quarter 2023 Financial Results and Host Conference Call on May 10, 2023
- WESTCHESTER, IL , April 14, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) and (TSX: RBA) announced today that it will release first quarter financial results after market close on Wednesday, May 10, 2023.
- 04/14/2023
|
Are These 3 Small Momentum Stocks Setting Up Big Gains?
- MINISO Group Holding Limited (NYSE: MNSO), PDF Solutions Inc. (NASDAQ: PDFS), and Certara Inc. (NASDAQ: CERT) are relatively unknown stocks currently showing strong price momentum.
- 03/22/2023
|
Down -15.58% in 4 Weeks, Here's Why You Should You Buy the Dip in Ritchie Bros. (RBA)
- Ritchie Bros. (RBA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it.
- 03/20/2023
|
Why Ritchie Bros. (RBA) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Ritchie Bros.
- 03/15/2023
|
7 Stocks That Will Bring Success to the Dividend Investor
- With the market likely to encounter myriad variables this year, investors should really consider dividend stocks to buy. Fundamentally, companies that provide passive income to their stakeholders tend to weather down cycles better than their growth-centric counterparts.
- 03/08/2023
|
Ritchie Bros Auctioneers promises shareholders special dividend if they back merger with US auto retailer
- In a move to entice shareholders, Ritchie Bros Auctioneers said Tuesday that would pay a special dividend of $1.08 per share if they vote to approve the company's $7 billion acquisition of US auto retailer IAA Inc. The merger would give Ritchie an entry point into the heavy machinery and equipment market, along with salvaged cars, trucks and motorcycles. Shareholders of both companies are expected to vote on March 14, with the deal to close on March 20.
- 03/07/2023
|
Scrap-Car Deal Battle Is A Heaping Mess
- When is a merger worth it? For shareholders, when it gets the buyer something it couldn't get otherwise. Unfortunately, for investors in industrial equipment purveyor Ritchie Bros. Auctioneers, that's not entirely the case in its $7 billion deal with salvage-yard operator IAA.
- 02/27/2023
|
Ritchie Bros. Auctioneers Incorporated (RBA) Q4 2022 Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (NYSE:RBA ) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Representatives Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Sameer Rathod - Vice President of Investor Relations and Market Intelligence Conference Call Participants Michael Doumet - Scotiabank Michael Feniger - Bank of America Larry De Maria - William Blair Gary Prestopino - Barrington Research Bryan Fast - Raymond James Operator Good morning.
- 02/21/2023
|
What Makes Ritchie Bros. (RBA) a Strong Momentum Stock: Buy Now?
- Does Ritchie Bros. (RBA) have what it takes to be a top stock pick for momentum investors?
- 02/16/2023
|
Get a Second Opinion on Investment-Grade Corporates
- It's hard not to notice the market hype around investment-grade corporates right now — at 5% yield, IG bond yields are the highest since the global financial crisis, with flows into IG corporate bond ETFs hitting a record in January. But in all that excitement, investors may be missing some key information.
- 02/14/2023
|
Ritchie Bros. Auctioneers: Coming Out Of The Auction
- Shares of Ritchie Bros. Auctioneers Incorporated fell nearly 20% in November as the company announced its intention to acquire IAA. I was really cautious on the deal as well.
- 02/06/2023
|
Starboard Value takes a stake in Ritchie Bros. How amicable activism may come into play
- Starboard Value may be positioning itself to assist management at the heavy equipment auctioneer.
- 02/04/2023
|
Can Ritchie Bros. (RBA) Keep the Earnings Surprise Streak Alive?
- Ritchie Bros. (RBA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 02/01/2023
|
Ritchie Bros CEO on Starboard Value's $500 million strategic investment in the company
- Cramer spoke with Ritchie Bros CEO Ann Fandozzi on Wednesday.
- 01/25/2023
|
Ritchie Bros., IAA agree to revised buyout terms, which lowers per-share value of bid by 5.3%
- Ritchie Bros. Auctioneers Inc. RBA, +0.82% RBA, +0.12% and IAA Inc. IAA, +1.78% have agreed to revise the terms of their merger, with the overall value of Ritchie Bros.
- 01/23/2023
|
Ritchie Bros. Sweetens Deal for IAA, With Starboard's Jeff Smith Set to Join Board
- The investment and Mr. Smith's appointment are contingent on Ritchie Bros.
- 01/23/2023
|
Ritchie Bros Auctioneers deal to buy IAA bad for shareholders, says Luxor Group Capital
- Multi-billion-dollar investment manager Luxor Capital Group, LP has issued an open letter expressing serious concerns about the proposed merger between Ritchie Bros Auctioneers Incorporated and IAA, Inc. Luxor Capital, which owns about 3.6% of Ritchie Bros' outstanding common shares, said it intends to vote against the merger at the company's yet-to-be scheduled special meeting of shareholders. In its letter, Luxor wrote that Ritchie Bros risks the permanent destruction of billions of dollars in shareholder value, as evidenced by the 18% drop in the company's closing share price following the announcement of the merger on November 7, 2022.
- 12/16/2022
|
Ritchie Bros CEO on the company's acquisition of IAA
- Cramer spoke with Ritchie Bros CEO Ann Fandozzi on Thursday.
- 12/15/2022
|
Down 14.5% in 4 Weeks, Here's Why You Should You Buy the Dip in Ritchie Bros. (RBA)
- The heavy selling pressure might have exhausted for Ritchie Bros. (RBA) as it is technically in oversold territory now.
- 11/08/2022
|
Why Ritchie Bros. Auctioneers Stock Plunged Today
- Investors disliked its latest acquisition.
- 11/07/2022
|
Ritchie Brothers. Auctioneers Incorporated (RBA) Q3 2022 Earnings Call Transcript
- Ritchie Brothers. Auctioneers Incorporated (NYSE:RBA ) Q3 2022 Results Conference Call November 7, 2022 8:00 AM ET Company Participants Sameer Rathod - VP, IR & Market Intelligence Ann Fandozzi - CEO Eric Jacobs - CFO John Kett - CEO, IAA Conference Call Participants John Healy - Northcoast Research Michael Doumet - Scotiabank Gary Prestopino - Barrington Research Michael Feniger - Bank of America Craig Kennison - R.W.
- 11/07/2022
|
IAA Stock Moves as Ritchie Bros Acquires Company in $7.3 Billion Deal
- IAA (NYSE: IAA ) stock is climbing higher on Monday thanks to a massive acquisition deal with Ritchie Bros Auctioneers (NYSE: RBA ). Ritchie Bros have agreed to acquire IAA in a deal worth $7.3 billion, which includes its assumption of $1 billion of debt.
- 11/07/2022
|
Why Ritchie Bros Auctioneers (RBA) Is Buying IAA (IAA) For $7.3 Billion
- Ritchie Bros Auctioneers (RBA) announced it is buying IAA (IAA) for $7.3 billion. These are the details.
- 11/07/2022
|
Ritchie Bros. (RBA) Q3 Earnings and Revenues Top Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of 35.90% and 10.83%, respectively, for the quarter ended September 2022.
- 11/07/2022
|
Ritchie Bros. buying IAA in cash and stock deal valued at $7.3 bln
- IAA Inc. IAA, +1.13% shares rallied 9.2% in premarket trades Monday after Ritchie Bros. Auctioneers Inc. RBA, +0.26% RBA, -1.53% said it agreed to buy the Westchester, Ill.
- 11/07/2022
|
Ritchie Bros. to host Third Quarter 2022 Results Earnings Conference Call on November 7th, 2022
- VANCOUVER, BC , Oct. 12, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) (TSX: RBA) announced today that the company's third quarter financial results will be released before market open on Monday, November 7 th.
- 10/12/2022
|
5 NYSE Stocks To Watch And Buy: Here Are Fundamental And Technical Reasons Why
- FLNG has rallied nearly 12% higher this week, bursting past this prior entry point. The post 5 NYSE Stocks To Watch And Buy: Here Are Fundamental And Technical Reasons Why appeared first on Investor's Business Daily.
- 09/02/2022
|
Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q2 2022 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (NYSE:RBA ) Q2 2022 Earnings Conference Call August 5, 2022 11:00 AM ET Company Participants Sameer Rathod - VP, IR & Market Intelligence Ann Fandozzi - CEO Eric Jacobs - CFO Conference Call Participants Michael Doumet - Scotiabank Michael Feniger - Bank of America Gary Prestopino - Barrington Research Sabahat Khan - RBC Capital Markets Bryan Fast - Raymond James Operator Good morning.
- 08/05/2022
|
Has Ritchie Bros. Auctioneers (RBA) Outpaced Other Business Services Stocks This Year?
- Here is how Ritchie Bros. (RBA) and Waste Management (WM) have performed compared to their sector so far this year.
- 08/05/2022
|
Media Advisory - Ritchie Bros. To Host Second Quarter 2022 Results Earnings Conference Call on August 5, 2022
- VANCOUVER, BC , July 11, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) (TSX: RBA) invites interested parties to participate in its second quarter 2022 earnings conference call, occurring on Friday, August 5, 2022, at 11:00 a.m.
- 07/11/2022
|
Ritchie Bros. Auctioneers' (RBA) CEO Ann Fandozzi on Q1 2022 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (NYSE:RBA ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Sameer Rathod - VP, IR & Market Intelligence Ann Fandozzi - CEO Sharon Driscoll - CFO Matt Ackley - CMO Kari Taylor - CRO Jim Kessler - President & COO Conference Call Participants Gary Prestopino - Barrington Research Kevin Condon - Baird Michael Doumet - Scotiabank Sabahat Khan - RBC Operator Good morning.
- 05/10/2022
|
Media Advisory - Ritchie Bros. To Host First Quarter 2022 Results Earnings Conference Call on May 10, 2022
- VANCOUVER, BC, April 13, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) invites interested parties to participate in its First quarter 2022 earnings conference call, occurring on Tuesday, May 10, 2022, at 11:00 a.m.
- 04/13/2022
|
Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q4 2021 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q4 2021 Results - Earnings Call Transcript
- 02/18/2022
|
Ritchie Bros. (RBA) Misses Q4 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of -13.79% and 8.30%, respectively, for the quarter ended December 2021.
- 02/17/2022
|
Media Advisory - Ritchie Bros. To Host Fourth Quarter 2021 Results Earnings Conference Call on February 18, 2022
- VANCOUVER, BC , Jan. 20, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) (TSX: RBA) invites interested parties to participate in its fourth quarter 2021 earnings conference call, occurring on Friday, February 18, 2022 at 11:00 a.m.
- 01/20/2022
|
NCI, Ritchie Bros. Ink Deal With DCS On Assets Formerly Owned By DBi Services
- Nations Capital, Inc. (NCI), an asset management and advisory firm, together with Ritchie Bros Auctioneers Inc (NYSE: RBA), has agreed to acquire certain assets formerly owned by DBi Services in a transaction with DeAngelo Contracting Services, LLC (DCS). Financial terms were not disclosed.
- 01/06/2022
|
RBC Capital Maintains, TD Securities Downgrades Rating On This Heavy Equipment Marketplace
- RBC Capital analyst Sabahat Khan raised the price target on Ritchie Bros Auctioneers Inc (NYSE:RBA) to $72 (an upside of 1.7%) from $65 and maintained a Sector Perform rating on the shares. Khan says The company's Q3 results were "in line to ahead" of consensus forecasts, but while the quarter can be viewed favorably, the tight equipment supply backdrop and the stock's elevated trading multiple leads to Khan's neutral view on the shares.
- 11/08/2021
|
Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q3 2021 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q3 2021 Results - Earnings Call Transcript
- 11/05/2021
|
Ritchie Bros. (RBA) Beats Q3 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of 25.71% and 0.64%, respectively, for the quarter ended September 2021.
- 11/04/2021
|
Media Advisory - Ritchie Bros. To Host Third Quarter 2021 Results Earnings Conference Call on November 05, 2021
- VANCOUVER, BC, Oct. 8, 2021 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) the world's largest industrial auctioneer and a leading equipment distributor, invites interested parties to participate in its third quarter 2021 earnings conference call, occurring on Friday, November 5, 2021 at 11:00 a.m.
- 10/08/2021
|
RBC Capital Initiates Ritchie Bros With Sector Perform Rating
- RBC Capital analyst Sabahat Khan initiated Ritchie Bros Auctioneers Inc. (NYSE:RBA) with a Sector Perform rating and a price target of $65, implying an upside of 5.6%. Khan says the company has made "significant progress" towards transitioning from an "auctioneer" to a "marketplace.
- 09/20/2021
|
Ritchie Bros Auctioneers's Return on Invested Capital Overview
- According to Benzinga Pro, during Q2, Ritchie Bros Auctioneers (NYSE:RBA) earned $89.49 million, a 100.16% increase from the preceding quarter. Ritchie Bros Auctioneers also posted a total of $396.36 million in sales, a 19.55% increase since Q1.
- 09/06/2021
|
Ritchie Bros Expands In EMEA Region With Acquisition Of Euro Auctions For $1.08B
- Ritchie Bros Auctioneers Inc (NYSE: RBA) has agreed to acquire Euro Auctions, a European plant and machinery auction house, for an enterprise value of £775 million (~$1.08 billion). Euro Auctions conducts unreserved heavy equipment auctions with onsite and online bidding under the brand's Euro Auctions and Yoder & Frey, with 200+ employees in 14 countries.
- 08/09/2021
|
Ritchie Bros to buy Euro Auctions for $1 billion
- Asset management company Ritchie Bros said on Sunday it would acquire plant and machinery auction house Euro Auctions for an enterprise value of 775 million pounds ($1.07 billion) in cash.
- 08/08/2021
|
Ritchie Bros. to acquire Euro Auctions and expand its reach in EMEA region
- Working together to provide customers more equipment, solutions, and services for their businesses VANCOUVER, BC, Aug. 8, 2021 /PRNewswire/ - Ritchie Bros., a leading global asset management, disposition, and services company; and Europe's leading plant and machinery auction house, Euro Auctions, have jointly announced that they have entered into an agreement under which Ritchie Bros.
- 08/08/2021
|
Ritchie Bros. Auctioneers' (RBA) CEO Ann Fandozzi on Q2 2021 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers' (RBA) CEO Ann Fandozzi on Q2 2021 Results - Earnings Call Transcript
- 08/08/2021
|
Ritchie Bros. (RBA) Lags Q2 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of -9.84% and -5.36%, respectively, for the quarter ended June 2021.
- 08/05/2021
|
Ritchie Bros Auctioneers: Q2 Earnings Insights
- Shares of Ritchie Bros Auctioneers (NYSE:RBA) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 1.85% year over year to $0.55, which missed the estimate of $0.61.
- 08/05/2021
|
Media Advisory - Ritchie Bros. To Host Second Quarter 2021 Results Earnings Conference Call on August 06, 2021
- VANCOUVER, BC, July 7, 2021 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) (TSX: RBA) the world's largest industrial auctioneer and a leading equipment distributor, invites interested parties to participate in its Second quarter 2021 earnings conference call, occurring on Friday, August 6, 2021 at 11:00 a.m.
- 07/07/2021
|
Ritchie Bros. preps for its largest pipeline construction event ever in New Mexico this August
- After 36 years, the owner of Barrilleaux Inc. is retiring and selling his fleet unreserved on Aug. 10-11 HOUSTON, June 29, 2021 /PRNewswire/ - On August 10 – 11, Ritchie Bros. will conduct its largest-ever, single-owner auction for Barrilleaux Inc., an oilfield pipeline construction company based in New Mexico and Texas.
- 06/29/2021
|
Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q1 2021 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q1 2021 Results - Earnings Call Transcript
- 05/11/2021
|
Ritchie Bros. (RBA) Surpasses Q1 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of 4.17% and 13.30%, respectively, for the quarter ended March 2021.
- 05/10/2021
|
Ritchie Bros. Auctioneers reports on voting results from the 2021 annual meeting of shareholders
- VANCOUVER, BC, May 10, 2021 /PRNewswire/ - The Annual Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company") (NYSE: RBA) (TSX: RBA) was held on May 6, 2021.
- 05/10/2021
|
Ritchie Bros. reports first quarter 2021 results
- VANCOUVER, BC, May 10, 2021 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.
- 05/10/2021
|
3 Business Service Stocks Set to Beat Q1 Earnings Estimates
- Here we pick three business service stocks, Clear Channel (CCO), Montrose (MEG) and Ritchie Bros. (RBA), which are likely to pull off an earnings surprise this season.
- 05/10/2021
|
Why Ritchie Bros. (RBA) Might Surprise This Earnings Season
- Ritchie Bros. (RBA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/07/2021
|
Media Advisory - Ritchie Bros. To Host First Quarter 2021 Results Earnings Conference Call on May 11, 2021
- VANCOUVER, BC, April 15, 2021 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) (TSX: RBA) the world's largest industrial auctioneer and a leading equipment distributor, invites interested parties to participate in its first quarter 2021 earnings conference call, occurring on Tuesday, May 11, 2021 at 11:00 a.m.
- 04/15/2021
|
Ritchie Bros. hits US$52+ million with latest regional auction success in U.S. Midwest
- 5,000+ items sold from six locations attracted 11,100+ online bidders from 70+ countries CHICAGO, April 2, 2021 /PRNewswire/ - Ritchie Bros.' regional auction success continued this week with a US$52+ million U.S. Midwest event on March 30 – 31, 2021.
- 04/02/2021
|
Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q4 2020 Results - Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated (RBA) CEO Ann Fandozzi on Q4 2020 Results - Earnings Call Transcript
- 02/19/2021
|
Recap: Ritchie Bros Auctioneers Q4 Earnings
- Shares of Ritchie Bros Auctioneers (NYSE:RBA) increase in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 11.36% over the past year to $0.49, which missed the estimate of $0.56.
- 02/18/2021
|
Ritchie Bros. reports fourth quarter and 2020 annual results
- VANCOUVER, BC, Feb. 18, 2021 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the fourth quarter and full year ended December 31, 2020. (All figures are presented in U.S....
- 02/18/2021
|
There Are Better Alternatives To Visa Stock
- We think that Ritchie Bros. Auctioneers, Accenture plc.
- 02/16/2021
|
Ex-Dividend Dates For The Week: Searching For The Safe Harbor
- Ex-Dividend Dates For The Week: Searching For The Safe Harbor
- 02/08/2021
|
Infrastructure Stocks Set To Soar In The Biden Administration: A List Of Potential Winners
- Infrastructure is one of the few bipartisan issues that looks to be addressed under a Biden administration. Companies set to benefit have run up dramatically, but a lot of meat is still left on the bone.
- 01/28/2021
|
Media Advisory - Ritchie Bros. To Host Fourth Quarter 2020 Results Earnings Conference Call on February 19, 2021
- VANCOUVER, Jan. 22, 2021 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) invites interested parties to participate in its fourth quarter 2020 earnings conference call, occurring on Friday, February 19, 2021 at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time / 4:00 p.m. GMT....
- 01/22/2021
|
3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks
- 3 Reasons To Invest In Stocks With 10+ Year Dividend Growth Streaks
- 12/29/2020
|
4 Business Services Stocks Likely to Keep Winning Streaks Alive in 2021
- Customer-centric, data-driven strategies and technology adoption likely to aid BKI, CPRT, RBA and RAMP continue their stellar performance in 2021.
- 12/23/2020
|
Ritchie Bros Auctioneers, Inc. (RBA) CEO Ann Fandozzi on Q3 2020 Results - Earnings Call Transcript
- Ritchie Bros Auctioneers, Inc. (RBA) CEO Ann Fandozzi on Q3 2020 Results - Earnings Call Transcript
- 11/08/2020
|
Ritchie Bros. Auctioneers Incorporated's (RBA) CEO Ann Fandozzi On Q3 2020 Results - Quick Version Earnings Call Transcript
- Ritchie Bros. Auctioneers Incorporated's (RBA) CEO Ann Fandozzi On Q3 2020 Results - Quick Version Earnings Call Transcript
- 11/06/2020
|
Ritchie Bros. (RBA) Beats Q3 Earnings and Revenue Estimates
- Ritchie Bros. (RBA) delivered earnings and revenue surprises of 46.67% and 11.88%, respectively, for the quarter ended September 2020.
- 11/05/2020
|
Media Advisory - Ritchie Bros. Investor Day 2020
- VANCOUVER, BC, Nov. 5, 2020 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) the world's largest industrial auctioneer and a leading equipment distributor, will hold a Webcast Investor Day on Monday, December 07, 2020 at 10:00 a.m. Eastern time / 7:00 a.m. Pacific time / 3:00 p.m....
- 11/05/2020
|
Ritchie Bros. reports third quarter 2020 results
- VANCOUVER, BC, Nov. 5, 2020 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the three months ended September 30, 2020: (All figures are presented in U.S. dollars) Net...
- 11/05/2020
|
