A director at RB Global Inc sold 3,500 shares at 104.380USD and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The independent financial analyst theScreener just lowered the general evaluation of RITCHIE BROS (US), active in the Commercial Vehicles & Trucks industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 20, 2021, the closing price was ...
Upgrading Utilities; Downgrading Communications The S&P 500, Nasdaq 100, and Russell 2000 are all holding above their respective short-term support levels and market dynamics remain positive. As a result, our outlook remains bullish and we continue to believe a “buy the dip” mentality is warranted. · Key Support Levels To Watch. The S&P 500, Nasdaq 100, and Russell 2000 (IWM) are each testing short-term support levels of 3425, 11,606, and $159, respectively. As long as these support le...
Ritchie Brothers is a leading auctioneer of heavy equipment, with $5 billion of annual gross transaction value (GTV). Started in 1958 in British Columbia, Canada, as a local auctioneer, the company now has 40 auction sites in 13 countries. While Ritchie Brothers is known for its unreserved live auctions that can transact over $200 million in a single event, it has grown its online presence with the acquisition of competitor IronPlanet in 2017. Ritchie Brothers has carved out an important niche b...
Ritchie Brothers is a leading auctioneer of heavy equipment, with $5 billion of annual gross transaction value (GTV). Started in 1958 in British Columbia, Canada, as a local auctioneer, the company now has 40 auction sites in 13 countries. While Ritchie Brothers is known for its unreserved live auctions that can transact over $200 million in a single event, it has grown its online presence with the acquisition of competitor IronPlanet in 2017. Ritchie Brothers has carved out an important niche b...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
Ritchie Brothers’ stock declined approximately 5% after first-quarter earnings of $0.17 missed consensus estimates of $0.22. Gross transaction volume (GTV) was up 3% on a constant currency basis from the first quarter of 2018, which is below our annual estimate of 4.5%. Given its wide geographic exposure and lumpy nature of deals with seller price guarantees, we are not overly concerned with the EPS miss. We continue to be very impressed with the company’s implementation of machine-learning-...
After taking a fresh look at Ritchie Brothers, we are lowering our fair value estimate to $29 from $31 and are changing our moat trend rating to stable from negative. We observe that Ritchie Brothers’ live, unreserved auction model continues to resonate with both buyers and sellers despite the wide number of alternative venues, both live and online. More importantly, now that Ritchie Brothers has a significant online presence after the acquisition of IronPlanet in 2017 and, at the same time, c...
After taking a fresh look at Ritchie Brothers, we are lowering our fair value estimate to $29 from $31 and are changing our moat trend rating to stable from negative. We observe that Ritchie Brothers’ live, unreserved auction model continues to resonate with both buyers and sellers despite the wide number of alternative venues, both live and online. More importantly, now that Ritchie Brothers has a significant online presence after the acquisition of IronPlanet in 2017 and, at the same time, c...
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