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

January 21, 2018 - By Nellie Frank

 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 $20.37 million giving it 41.33 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 decreased 0.70% or $0.22 during the last trading session, reaching $31.41. About 735,739 shares traded or 6.24% up from the average. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has declined 2.22% since January 21, 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 36 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 12 by Canaccord Genuity. The firm earned “Overweight” rating on Monday, August 15 by KeyBanc Capital Markets. Scotia Capital maintained it with “Buy” rating and $35.0 target in Tuesday, January 9 report. Oppenheimer maintained the shares of RBA in report on Tuesday, August 8 with “Hold” rating. The stock of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has “Sell” rating given on Wednesday, April 12 by TD Securities. The firm has “Hold” rating by Canaccord Genuity given on Monday, August 10. The rating was maintained by Jefferies on Monday, September 18 with “Hold”. The rating was downgraded by RBC Capital Markets to “” on Friday, October 16. The stock has “Hold” rating by Jefferies on Thursday, January 18. The firm earned “Sell” rating on Monday, November 13 by TD Securities.

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 $3.37 billion. The firm operates a network of auction locations that conduct live and unreserved auctions with on-site and online bidding. It has a 52.09 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. auction in Houston breaks record” on June 23, 2017, also Seekingalpha.com with their article: “Ritchie Bros. – Value Trap Or Bounce Back Potential?” published on September 06, 2017, Seekingalpha.com published: “Ritchie Bros. Auctioneers (RBA) Q3 2017 Results – Earnings Call Transcript” on November 10, 2017. More interesting news about Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) were released by: Seekingalpha.com and their article: “Ritchie Bros. acquires collector car auctioneer Leake Auction Company” published on January 16, 2018 as well as Seekingalpha.com‘s news article titled: “Ritchie Bros. posts record auction at Fort Worth location” with publication date: December 15, 2017.

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