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.

Many analysts weighed in on price targets for RBA. The most optimistic price target was 36, implying a possible profit of 26.18 percent. The lowest price target was 23.5, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Over the past 30 days, FY earnings estimates have also changed downwards by -7.45 percent. If we look at the last 90 days instead, we find a net average change of -16.74 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 5 analysts that revised their FY estimates downwards.

The growth rate of RBA's earnings is estimated by analysts to be 8.8 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 last 52-weeks, RBA has achieved a high of 39.96 and a low of 26.68. Currently the stock is 6.93 percent higher than its low, 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 stock has a market capitalization of $3.82 billion. RBA's next earnings release will be on 0000-00-00, which is days away.