Summary

76.12 -0.89(-1.16%)06/28/2024
Ritchie Bros Auctioneers Inc (RBA)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-1.10-1.640.71-0.1114.1630.03141.732,989.68


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Trading Data
Close76.12
Open77.19
High77.53
Low75.96
Volume1,096,596
Change-0.85
Change %-1.10
Avg Volume (20 Days)2,193,529
Volume/Avg Volume (20 Days) Ratio0.50
52 Week Range55.56 - 81.74
Price vs 52 Week High-6.88%
Price vs 52 Week Low37.01%
Range-1.39
Gap Up/Down-1.02
Fundamentals
Market Capitalization (Mln)14,029
EBIDTA1,215,399,936
PE Ratio41.3405
PEG Ratio2.6736
WallStreet Target Price82.00
Book Value27.6760
Earnings Per Share1.8500
EPS Estimate Current Quarter0.7000
EPS Estimate Next Quarter0.9100
EPS Estimate Current Year3.1800
EPS Estimate Next Year3.5500
Diluted EPS (TTM)1.8500
Revenues
Profit Marging0.0808
Operating Marging (TTM)0.1966
Return on asset (TTM)0.0414
Return on equity (TTM)0.0626
Revenue TTM4,231,899,904
Revenue per share TTM23.1750
Quarterly Revenue Growth (YOY)1.0780
Quarterly Earnings Growth (YOY)0.0060
Gross Profit (TTM)957,107,000
Dividends
Dividend Share1.0800
Dividend Yield0.0141
Valuations
Trailing PE41.3405
Forward PE22.4215
Price Sales (TTM)0.0000
Price Book (MRQ)2.6692
Revenue Enterprise Value 4.7569
EBITDA Enterprise Value18.2651
Shares
Shares Outstanding183,718,000
Shares Float182,363,696
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.03
Insider (%)0.30
Institutions (%)94.03


06/14 08:55 EST - zacks.com
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.
06/11 13:00 EST - zacks.com
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.
06/07 18:09 EST - prnewswire.com
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.
06/04 09:30 EST - zacks.com
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.
05/20 08:04 EST - https://www.defenseworld.net
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 08:04 EST - https://www.defenseworld.net
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 08:04 EST - https://www.defenseworld.net
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 08:04 EST - https://www.defenseworld.net
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.
05/19 23:32 EST - https://www.marketscreener.com
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)
05/09 18:32 EST - seekingalpha.com
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 18:20 EST - zacks.com
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 16:10 EST - prnewswire.com
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.
05/08 16:10 EST - prnewswire.com
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.
05/07 17:00 EST - prnewswire.com
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.
04/09 17:30 EST - prnewswire.com
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.
03/18 16:45 EST - prnewswire.com
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.
03/14 16:45 EST - prnewswire.com
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.
02/27 08:30 EST - prnewswire.com
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.
02/23 14:43 EST - seekingalpha.com
RB Global, Inc. (RBA) Q4 2023 Earnings Call Transcript
RB Global, Inc. (RBA) Q4 2023 Earnings Call Transcript
02/23 10:30 EST - zacks.com
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.