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 price target was 36, implying a possible profit of 26.18 percent. The minimum price target given was 23.5, implying potential capital losses of -17.63 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -8.57 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -20.98 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -7.45 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -16.74 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts decreased their estimates.

Analysts estimate earnings of RBA to grow at a rate of 8.8 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RBA is 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 28.6 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.