Media headlines about Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ritchie Bros. Auctioneers earned a news impact score of 0.17 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 48.325114120517 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities research analysts have recently weighed in on the company. Barrington Research reaffirmed a “hold” rating on shares of Ritchie Bros. Auctioneers in a research note on Tuesday, March 6th. Zacks Investment Research cut Ritchie Bros. Auctioneers from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Raymond James Financial lifted their price objective on Ritchie Bros. Auctioneers from $26.50 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, February 28th. National Bank Financial lifted their price objective on Ritchie Bros. Auctioneers from $30.50 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, January 10th. Finally, TheStreet raised Ritchie Bros. Auctioneers from a “c” rating to a “b-” rating in a research note on Thursday, March 1st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Ritchie Bros. Auctioneers has a consensus rating of “Hold” and a consensus price target of $32.80.

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Ritchie Bros. Auctioneers (RBA) opened at $32.83 on Thursday. Ritchie Bros. Auctioneers has a one year low of $24.08 and a one year high of $35.17. The company has a market capitalization of $3,530.00, a price-to-earnings ratio of 54.72, a P/E/G ratio of 3.42 and a beta of 0.64. The company has a current ratio of 1.31, a quick ratio of 1.21 and a debt-to-equity ratio of 1.06.

Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) last released its earnings results on Monday, February 26th. The business services provider reported $0.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.05. Ritchie Bros. Auctioneers had a return on equity of 12.15% and a net margin of 12.29%. The firm had revenue of $178.80 million during the quarter, compared to analysts’ expectations of $171.97 million. During the same period in the previous year, the firm posted $0.30 EPS. Ritchie Bros. Auctioneers’s revenue for the quarter was up 21.8% on a year-over-year basis. analysts anticipate that Ritchie Bros. Auctioneers will post 1.03 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Friday, February 16th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.68 annualized dividend and a yield of 2.07%. Ritchie Bros. Auctioneers’s payout ratio is 113.33%.

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Ritchie Bros. Auctioneers Company Profile

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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