Media stories about Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ritchie Bros. Auctioneers earned a news impact score of 0.18 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 47.7659875901663 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research analysts recently issued reports on RBA shares. Jefferies Group reissued a “hold” rating and issued a $30.00 price target on shares of Ritchie Bros. Auctioneers in a research report on Thursday, January 18th. Scotiabank raised their price objective on shares of Ritchie Bros. Auctioneers from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Wednesday, February 28th. Bank of America raised their price objective on shares of Ritchie Bros. Auctioneers from $21.50 to $30.00 and gave the stock an “underperform” rating in a report on Thursday, February 1st. TheStreet raised shares of Ritchie Bros. Auctioneers from a “c” rating to a “b-” rating in a report on Thursday, March 1st. Finally, Zacks Investment Research lowered shares of Ritchie Bros. Auctioneers from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $32.80.
Shares of Ritchie Bros. Auctioneers stock opened at $30.22 on Friday. The firm has a market cap of $3,311.07, a P/E ratio of 43.80, a PEG ratio of 3.15 and a beta of 0.64. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.21 and a current ratio of 1.31. Ritchie Bros. Auctioneers has a fifty-two week low of $24.08 and a fifty-two week high of $35.17.
The business also recently declared a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Friday, February 16th were paid a dividend of $0.17 per share. The ex-dividend date was Thursday, February 15th. This represents a $0.68 annualized dividend and a dividend yield of 2.25%. Ritchie Bros. Auctioneers’s dividend payout ratio (DPR) is currently 98.55%.
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About Ritchie Bros. Auctioneers
Ritchie Bros Auctioneers Inc is a Canada-based holding company. The Company is an industrial auctioneer and used equipment distributor, selling used equipment and other assets. Its segments include Core Auction, which is a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding, and Other, which includes its EquipmentOne and Mascus International Holding B.V.
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