Ritchie Bros. Auctioneers Incorporated (RBA) Analysts See $0.19 EPS

January 18, 2018 - By Dolores Ford

 Ritchie Bros. Auctioneers Incorporated (RBA) Analysts See $0.19 EPS

Analysts expect Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) to report $0.19 EPS on February, 20.They anticipate $0.11 EPS change or 36.67 % from last quarter’s $0.3 EPS. RBA’s profit would be $20.37M giving it 42.45 P/E if the $0.19 EPS is correct. After having $0.09 EPS previously, Ritchie Bros. Auctioneers Incorporated’s analysts see 111.11 % EPS growth. The stock increased 0.59% or $0.19 during the last trading session, reaching $32.26. About 515,360 shares traded. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has declined 2.22% since January 18, 2017 and is downtrending. It has underperformed by 18.92% the S&P500.

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Ratings Coverage

Among 14 analysts covering Ritchie Bros. Auctioneers Incorporated (NYSE:RBA), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Ritchie Bros. Auctioneers Incorporated had 35 analyst reports since August 10, 2015 according to SRatingsIntel. As per Friday, July 22, the company rating was downgraded by OTR Global. The firm has “Buy” rating given on Friday, November 10 by Robert W. Baird. Bank of America downgraded the shares of RBA in report on Friday, January 13 to “Underperform” rating. The rating was maintained by Oppenheimer on Tuesday, August 8 with “Hold”. The rating was downgraded by OTR Global on Monday, October 12 to “Negative”. Jefferies maintained Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) rating on Thursday, July 13. Jefferies has “Hold” rating and $2900 target. As per Friday, May 27, the company rating was initiated by KeyBanc Capital Markets. On Monday, April 10 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm earned “Buy” rating on Monday, June 19 by RBC Capital Markets. The rating was upgraded by Canaccord Genuity on Wednesday, August 12 to “Hold”.

Ritchie Bros. Auctioneers Incorporated, together with its subsidiaries, sells industrial equipment and other assets for the construction, agriculture, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces. The company has market cap of $3.46 billion. The firm operates a network of auction locations that conduct live and unreserved auctions with on-site and online bidding. It has a 53.5 P/E ratio. It also operates an online-only used equipment marketplace that facilitates the completion of sales through a settlement process.

More notable recent Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) news were published by: Seekingalpha.com which released: “Ritchie Bros. – Value Trap Or Bounce Back Potential?” on September 06, 2017, also Seekingalpha.com with their article: “Ritchie Bros. auction in Houston breaks record” published on June 23, 2017, Twst.com published: “Ritchie Bros Auctioneers Inc.: Ritchie Bros. acquires collector car auctioneer …” on January 16, 2018. More interesting news about Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) were released by: Prnewswire.com and their article: “This Morning’s Technical Outlook on Business Services Stocks — RR Donnelley …” published on January 05, 2018 as well as Seekingalpha.com‘s news article titled: “Ritchie Bros. Auctioneers (RBA) Q3 2017 Results – Earnings Call Transcript” with publication date: November 10, 2017.

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