Analyst Ratings for Ritchie Bros. Auctioneers Inc. (RBA)

Updated: 2017-07-26

Analysts covering Ritchie Bros. Auctioneers Inc. (NYSE:RBA) have given it a consensus rating of Hold. RBA had previously received a consensus rating of Overweight a month ago.

Of the 17 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 9 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for RBA. The most optimistic analyst gave a price target of 36, implying potential capital gains of 26.18 percent. The lowest price target was 23.5, which equates to a potential downside of -17.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -8.57 percent. That number becomes -20.98 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -7.45 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -16.74 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts made negative revisions to their fiscal year's estimates.

The growth rate of RBA's earnings is estimated by analysts to be 8.8 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. RBA has a PEG ratio of 3.64.

In the trailing 52-weeks, RBA hit 39.96 at the highest peak, while it's lowest trading point was 26.68. The current market price is above the trailing year's low by 6.93 percent, and below the high by 28.6 percent. RBA has a price/earnings ratio of 32.02. Investors typically compare the P/E ratio to a company's peers in the industry. The RBA value stock report compares RBA to some of its peers using value stock charts. The market cap of RBA is $3.82 billion. RBA will post this quarters earnings in days, on 0000-00-00.