Ritchie Bros. Auctioneers Incorporated (NASDAQ:RBA) To Report Earnings
Analysts await Ritchie Bros. Auctioneers Incorporated (NASDAQ:RBA) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.21 EPS, down 4.76% or $0.01 from last year’s $0.22 per share.
At the moment 14 analysts are watching Ritchie Bros. Auctioneers Incorporated (NASDAQ:RBA), 3 rate it “Buy”, 3 “Outperform”, 6 “Underperform”, 1 “Sell”, while 1 “Hold”.
Looking forward, for the quarter ending Jun-16, 9 analysts have a mean sales target of 155.24 million. For the quarter ending Sep-16, 9 analysts have a mean sales target of 112.43 million whilst for the year ending Dec-16, 11 analysts have a mean target of 531.37 million.
In terms of earnings per share, 13 analysts have a 0.41 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 13 analysts have a 0.20 EPS mean target and for the quarter ending Sep-16 there are 14 estimates of 1.18 EPS.
The biggest institutional shareholders in Ritchie Bros. Auctioneers Incorporated include Baillie Gifford & Co Limited. which owns 12 million shares in the company valued at $298.22 million. Baillie Gifford & Co is the second biggest holder with 12 million shares currently valued at 295.91 million whilst Caisse de D�p�t et Placement du Qu�bec has 9 million shares valued at 217.64 million.
Total shares held by institutions as of the most recent company filings are 122,855,107 with a reported 11,443,941 bought and 14,709,950 sold. These holdings make up 85.15% of the company’s outstanding shares.
Currently insiders hold 84,285 shares in the business which makes up 0.08% of shares. The biggest holder currently is Randall J. Wall who owns 25,332 shares (0.02% of those outstanding), whilst Ravichandra K. Saligram holds 20,575 (0.02% of shares outstanding) and Beverley A. Briscoe holds 16,900 (0.02% of shares outstanding).
The stock increased 0.69% or $0.2 during the last trading session, hitting $47.20. Ritchie Bros. Auctioneers Incorporated (NASDAQ:RBA) has risen 43.71% over the past 6 months and is uptrending.

