RB Global Inc (NYSE:RBA) price on Thursday, July 03, rose 0.18% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $105.61.
A look at the stock’s price movement, the close in the last trading session was $105.42, moving within a range at $104.815 and $105.84. The beta value (5-Year monthly) was 0.779 while the PE ratio in trailing twelve months stood at 51.85. Turning to its 52-week performance, $109.25 and $70.38 were the 52-week high and 52-week low respectively. Overall, RBA moved 0.09% over the past month.
RB Global Inc’s market cap currently stands at around $19.56 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07. The company has a Forward Dividend ratio of 1.16, with its dividend yield at 1.10%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.14B for the company’s revenue for the quarter, with a low and high estimate of 1.11B and 1.17B respectively. The average forecast suggests up to a 4.25% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.47B, representing a 4.23% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RBA is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
16 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 12 recommend RBA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RBA’s current price about -0.08% and 0.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.77, while 7-day volatility ratio is 1.41% and 1.56% in the 30-day chart. Further, RB Global Inc (RBA) has a beta value of 0.75. Analysts have given the company’s stock an average 52-week price target of $73, forecast between a low of $56 and high of $107. Looking at the price targets, the low is 46.97% off current price level while to achieve the yearly target high, price needs to move -1.32%. Nonetheless, investors will most likely welcome a 30.88% jump to $73 which is the analysts’ median price.
If we refocus on RB Global Inc (NYSE:RBA), historical trading data shows that trading volumes averaged 1.06 over the past 10 days and 1.12 million over the past 3 months. The company’s latest data on shares outstanding shows there are 185.15 million shares.
The 0.11% of RB Global Inc’s shares are in the hands of company insiders while institutional holders own 94.44% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.09 million on 2025-06-13, giving us a short ratio of 7.61. The data shows that as of 2025-06-13 short interest in RB Global Inc (RBA) stood at 567.99997 of shares outstanding, with shares short rising to 7.74 million registered in 2025-05-15. Current price change has pushed the stock 39.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RBA stock continues to rise going into the next quarter.